President Donald Trump has launched a scheme offering fast-tracked US visas to wealthy foreigners who can pay at least $1m (£750,000), BBC reported. 

The card will give buyers a "direct path to Citizenship for all qualified and vetted people. SO EXCITING! Our Great American Companies can finally keep their invaluable Talent," Trump said on social media on Wednesday.

The Trump Gold Card, which was first announced earlier this year, is a US visa awarded to those who can demonstrate they will provide a "substantial benefit" to the country, according to the scheme's official website, according to BBC.