World Immigration News

Trump launches $1m 'gold card' immigration visas

Release Date
2025-12-12
Media
BBC
Summary
Former President Donald Trump has launched the “Trump Gold Card,” a fast-track U.S. visa program targeted at wealthy foreigners who can pay at least $1 million. Trump describes the card as offering a “direct path to citizenship” for qualified applicants and a way for U.S. companies to retain valuable talent.

The Gold Card is intended for individuals who can demonstrate that they will bring “substantial benefit” to the U.S., with the $1 million payment itself considered evidence of such benefit. Companies sponsoring employees must pay $2 million, while a “platinum” version with special tax advantages will cost $5 million. Applicants must also pay a non-refundable $15,000 processing fee, and additional government fees may apply.

Critics, particularly Democrats, argue that the policy unfairly favors the wealthy. Trump, however, insists it targets “productive, high-level professionals,” claiming that people who can pay $5 million “will create jobs.”

The program comes amid an intensified immigration crackdown by the Trump administration. This includes increased deportations, a pause on visa applications from 19 countries under the travel ban, a halt on asylum decision processing, and a review of approvals issued under President Biden. Trump also ordered a new $100,000 fee for H-1B skilled-worker visa applicants, though the White House later clarified that it applies only to new applicants currently outside the U.S.
Tags
United States of America

News Articles including "United States of America"

Released on
Article Title
Tags
2024-12-03
United States of America