The president announced the outline of a program that will offer residency or a pathway to citizenship for people willing to make a large payment.

U.S. President Donald Trump on Wednesday said his proposed $5 million "gold card" visa would help the country pay down its debt while offering top companies a way to attract top immigrant workers.

President Donald Trump says he plans to offer a “gold card” visa with a path to citizenship for $5 million, replacing a 35-year-old visa for investors.