President Donald Trump’s bid to lure wealthy immigrants to the U.S. with a “gold card” program could drive up home prices and worsen America’s housing-affordability crisis, according to real-estate experts and people who’ve studied similar immigration incentives in Europe.

President Donald Trump created a stir last week when he announced a new plan to combat the national debt: Selling aspiring Americans a pathway to citizenship for $5 million.

Ever dreamed of packing up and moving to a new country with just your wallet? Well, if you have a few million dollars lying around, that dream could become a reality! Several countries offer "Golden Visas"—special residency or citizenship programs for high-net-worth individuals willing to invest big bucks.

A dozen and a half billionaires from across the world weigh in on the president’s newly proposed “gold card” visa. Most aren’t interested.

Trump’s gold card is designed to replace the EB-5 investor visa, which provides billions in investments to American businesses. But there are some big differences.

The president's recently floated scheme to draw affluent individuals who invest at least $5 million has drawn skepticism from immigration experts and real estate industry representatives.