The phrase refers to a hypothetical or proposed modification of the EB-5 Immigrant Investor Program potentially associated with the Trump administration. The EB-5 program allows foreign investors to obtain a green card (permanent residency) in the United States by investing a significant amount of capital in a U.S. business that creates a certain number of jobs. The “gold card” designation implies a perceived enhanced or expedited process for investors, although no official program with that name has existed.
The potential significance lies in the implications for foreign investment and U.S. job creation. Any modifications to the EB-5 program could affect the attractiveness of the U.S. as an investment destination and the flow of capital into various projects. Historically, the EB-5 program has been a source of funding for real estate developments and other ventures, particularly in areas targeted for economic growth. The impact of any proposed changes would be closely scrutinized by both investors and businesses seeking capital.