Trump launches $1M 'Gold Card' program for expedited US visas
What's the story
US President Donald Trump has launched the "Trump Gold Card" visa program, which offers expedited entry into the country for a hefty fee. The program's website, Trumpcard.gov, invites the applicants to pay a $15,000 processing fee to the Department of Homeland Security. After passing a background check, they must make a "contribution" of $1 million to obtain this visa.
Visa advantages
Trump promotes Gold Card as superior to Green Card
Trump has called the Gold Card a "much better" and "much more powerful" alternative to the traditional Green Card. He emphasized its importance, saying, "A path is a big deal. Have to be great people." The program is part of his administration's broader immigration strategy, which includes deporting undocumented immigrants and discouraging legal immigration.
Revenue forecast
Commerce Secretary predicts significant revenue from Gold Card program
Commerce Secretary Howard Lutnick has revealed that around 10,000 people pre-registered for the Gold Card. He expects thousands more to apply, potentially generating billions of dollars in revenue. The program is designed to attract economically beneficial individuals to the United States, contrasting with "average" Green Card holders who earn less and are more likely to rely on public assistance.
Corporate option
Corporate version of Gold Card program available
In addition to individual visas, there is also a corporate version of the Gold Card. This allows companies to expedite visas for employees at a contribution of $2 million per worker. The program is seen as a way to balance Trump's immigration policies and generate revenue for the US Treasury.