Trump administration officials have suggested that the card will replace the EB-5 immigrant investor visa programme, which grants permanent residency to immigrants who invest at least $1.05m in the US, or $800,000 in designated economically distressed areas.
So since the 90s anyone with $1 million has been able to buy/invest their way in.
This "new gold card" costs $5 million.
So it costs five times as much, it's just a bribe and not an investment. I'm guessing putting together a business plan costs less than $4 million.
So the obvious question becomes... What type of person is willing to spend $5 million, but not $1 million. (And I'm guessing less oversight.)