President Donald Trump's long-touted "gold card," which offers foreigners a path to U.S. citizenship after paying $5 million to the government, is open for business.

But even if you have the money, there's a waitlist at trumpcard.gov. And read the fine print carefully: Your $5 million doesn't buy you immediate citizenship.

Trump has said that he is not seeking approval from Congress as he is not providing gold card buyers with citizenship - only a path to citizenship. The path to citizenship requirements for card buyers are unclear and White House officials have said more details will be provided soon.

The most common path to U.S. citizenship through naturalization is being a lawful permanent resident for at least five years. It requires the applicant to be least 18 years old when they apply, be able to read, write, and speak basic English (depending on age) and be of "good moral character."

Trump has described the card, which he has also dubbed the Trump card, as “somewhat like a green card, but at a higher level of sophistication.”