Former President Donald Trump has introduced a new immigration initiative named the "Trump Gold Card" program, designed to offer an expedited pathway to U.S. visas for wealthy foreign nationals. The program specifies a minimum investment of $1 million for individuals, details various fees, and includes a forthcoming "platinum" version.
Program Introduction
Donald Trump has introduced an immigration initiative branded as the "Trump Gold Card" program. This scheme is designed to provide an expedited path to U.S. visas, residency, and ultimately citizenship for qualified and vetted foreign individuals who meet specific investment criteria.
Key Requirements and Features
The "Trump Gold Card" program outlines several financial requirements and proposed features:
- Individual Investment: A minimum investment of $1 million is required for individual applicants. The program's official website states that this investment serves as "evidence that the individual will substantially benefit the United States."
- Business Sponsorship: Businesses sponsoring employees under this program are required to pay $2 million, in addition to other fees.
- Processing Fee: A non-refundable processing fee of $15,000 is mandatory for all applicants before their application undergoes review.
- Platinum Version: A "platinum" version of the card is anticipated, carrying a $5 million fee and offering specific tax benefits.
- Additional Government Fees: Further government fees may be applied based on each applicant's specific circumstances.
Stated Objectives
According to statements made by Donald Trump on social media, the Gold Card aims to provide a "direct path to Citizenship for all qualified and vetted people." The program's official website also indicates that it will grant U.S. residency in "record time" and requires applicants to demonstrate they will provide a "substantial benefit" to the country. President Trump also stated that the program is designed to allow "Great American Companies" to retain "invaluable Talent."
Broader Immigration Context
The introduction of this program occurs during a period of ongoing developments in U.S. immigration policy. These developments include adjustments to work visa fees and increased enforcement measures related to undocumented migrants.