The president’s plan to offer permanent residency for $5 million would almost certainly require Congressional action.

President Donald Trump has said he does not need Congress to create so-called gold cards to offer foreign nationals a path to citizenship at the price of $5 million, but immigration policy experts and some Republican lawmakers cast doubt that a president could implement such a plan alone.

U.S. President Donald Trump proposed a new $5 million 'gold card' visa, offering wealthy foreigners U.S. permanent residency and a path to citizenship. The new proposal would replace the current EB-5 program,

President Donald Trump has proposed a $5 million “Gold Card” visa to replace the EB-5 program, sparking debate over its prioritization of wealth over merit. The plan offers wealthy individuals expedited residency and citizenship.