Former President Donald Trump’s newly announced US Gold Card scheme — offering permanent US residency for $5 million — is already making headlines, with Commerce Secretary Howard Lutnick claiming that 1,000 Gold Cards were sold in a single day, injecting $5 billion into the US economy in just 24 hours.

Speaking on the popular ‘All-In Podcast’, Lutnick revealed, “The program will officially launch in about two weeks. Elon Musk is currently building the backend software for the system. But just yesterday, we sold a thousand.”