Trump has announced "golden cards": residency permits available for five million dollars.

"It will grant you the privileges of a green card and serve as a pathway to citizenship. Wealthy individuals will come to our country by purchasing this card," Trump stated.

In his view, cardholders "will spend a lot of money, pay a lot of taxes, and hire many people." The details of the new program are promised by the American president in two weeks.

When asked by journalists if Russian oligarchs would be able to purchase the card, Trump replied that it is possible. "I know a few Russian oligarchs; they are very nice people," he noted.

The gold card is set to replace the current visa program for immigrant investors, "EB-5," which requires an investment of at least $800,000 in the U.S. economy and the creation of jobs. U.S. Commerce Secretary Howard Lutnik called it "complete nonsense and a scam." "It was a way to obtain a green card at a low price," he stated.

Lutnik added that the funds from the sale of "gold cards" could be directed towards reducing the U.S. budget deficit.