New Delhi, Feb. 26 -- US President Donald Trump on Tuesday (local time) announced that the United States is introducing a "gold card" for rich immigrants who want to move to the country. Priced at $5 million, the gold card will allow these immigrants the right to live and work in the country, with a pathway to citizenship.

Trump said as the new visas get sold, they would bring in job creators and could be used to reduce the US national deficit.

However, it was not clear how the process would unfold. Trump said that details of the scheme will be revealed in two weeks, while the sales

"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," th...