President Trump announced a new immigration proposal – what he referred to as a “gold card”. The “gold card” green card program would potentially replace the existing EB-5 immigration program. Although it has been reported that the Trump administration may be considering combining the “gold card” green card proposal with the EB-5 investment program in some manner.

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Immigrant obtaining a Green card involves one negative cost – United States taxation. United States green card holders are subject to United States income taxation on their worldwide income. This can expose United States green card holders to double taxation if any of this income is also subject to taxation in their native country or another foreign country.

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