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

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Trump said the 'new gold visa’ — a pricier version of the traditional Green Card — could be bought for $5 million (Dh18.35 million) per applicant as a route to American citizenship.

NEW YORK — President Donald Trump is planning a “gold card” visa with a potential pathway to U.S. citizenship for $5 million. The program would replace an existing program that offers U.S ...