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

The administration says the new “gold card” will launch in two weeks, replacing the US's current EB-5 visa programme

Trump said he will replace the "EB-5" immigrant investor visa program, which allows foreign investors of large sums of money that create or preserve U.S. jobs to become permanent residents, with a so-called "gold card.