From South Florida legal advisers to real estate agents seeking buyers of high-end homes and condos, President Donald Trump’s proposed $5 million gold card for foreigners seeking U.S.

President Donald Trump announced the United States will sell "a gold card" to foreigners allowing them to live and work in America.

President Donald Trump floated a new idea on Tuesday, sharing that the U.S. may soon sell “gold cards” to wealthy foreigners, giving them green cards for a fee of $5 million.

For Indian investors stuck in long employment-based green card backlogs, EB-5 had been an attractive alternative. Now, many are re-evaluating their options, fearing the program’s potential replacement.

The proposal faces dubious legal prospects, but could bring substantial wealth into the country, even if not on the scale the administration envisions.

President Donald Trump was left exposed after a question by Fox News’ Maria Bartiromo pointed out a major flaw in his immigration policy. During the interview shown on Sunday Morning Futures, Trump was showering himself with praise for his proposals to change rules on the green card.

We’re going to be selling a gold card,” President Donald Trump said from the Cabinet Room recently. “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,