U.S. President Donald Trump said on Tuesday (February 25) he wants to begin selling gold cards for $5 million to foreigners who want to move to the U.S. and create jobs.

Trump said the immigration program, which he said was legal, could start in about two weeks. 

"We're going to be selling a gold card. You have a green card, this is a gold card. We're going to be putting a price on that card of about 5 million dollars and that's going to give you a green card privileges, plus, it's going to be a route to citizenship. And wealthy people will be coming into our country by buying this card," he said.

He added it is possible Russian oligarchs could qualify for the gold cards.

“Yeah, possibly. Hey, I know some Russian oligarchs that are very nice people. It's possible. They're not quite as wealthy and not as wealthy as they used to be. I think they can afford it," he told the press.

The "EB-5" program granted "green cards" to foreigners promising to invest in U.S. businesses.

Trump said the program will be replaced with a so-called "gold card" that people will be able to buy for about $5 million from the U.S. government.

(Production: Gerardo Gomez)