ALBAWABA – US President Donald Trump announced that the Gold Card will be offered to foreigners for $5 million, granting them citizenship to work and live in the United States. In this article, we will take you through the world’s priciest passports to date.
US citizenship for $5M
US President Donald Trump announced he will offer wealthy foreigners and investors a 'Gold Card' to work, live, and obtain US citizenship for $5 million.
“We’re going to be selling a gold card. You have a green card. This is a gold card. We’re going to be putting a price on that card of about $5 million and that’s going to give you green card privileges, plus it’s going to be a route to citizenship. And wealthy people will be coming into our country by buying this card,” Trump stated.
The US President added that millions of cards will be available for citizenship, with sales possibly starting in two weeks.
The US is at the top of the list for the world’s most expensive citizenships, priced at $5 million. (Shutterstock)
A walk through the world’s most expensive citizenships
Notably, since 1992, the US Congress has created the Green Card program, offering citizenship to foreigners who invest around $800,000 or $1,050,000.
In 2019, the Trump administration raised the amounts to $900,000 and $1.8 million. Now, according to Trump’s latest remarks, the US is at the top of the list for the world’s most expensive citizenships, priced at $5 million.
Next comes Malta, an island country in Southern Europe located in the Mediterranean Sea, between Sicily and North Africa. This beautiful island requires a residency duration of 12 to 36 months. The total price for citizenship in Malta starts at around $795,000.
Antigua and Barbuda, an independent Commonwealth country consisting of its two namesake islands and several smaller ones, offers citizenship for about $300,000.
Portugal, a southern European country on the Iberian Peninsula bordering Spain, offers citizenship for approximately $265,000, with residents required to spend nearly 5 years living in the country.
Lastly, Greece, a country in southeastern Europe with thousands of islands throughout the Aegean and Ionian seas, offers its passport after residing for nearly 7 years in the country. The total price for citizenship starts at $265,000.
