Bangladesh, Feb. 26 -- US President Donald Trump has announced a new immigration initiative that aims to attract the worlds wealthiest individuals. On February 25, Trump revealed plans for a new ‘gold card visa, which offers a pathway to citizenship at a steep price of $5 million. The program, according to the administration, is expected to generate significant foreign investment and boost economic growth.

The introduction of the ‘gold card follows the Trump administrations intensified efforts to curb illegal and uncontrolled immigration into the US Recent measures have included attempts to end birthright citizenship and further restrict asylum seekers from entering the country via the southern border. With this new initiativ...