President Trump Unveils 'Trump Gold Card' Program for Expedited Residency, Requiring $1 Million Donation and $15,000 Fee
President Trump launched the "Trump Gold Card" program, offering expedited U.S. residency and citizenship for a $1 million donation and a $15,000 processing fee, replacing the EB-5 visa.
USA TODAYTrump's 'Gold Card' touts US residency for foreigners in 'record time'
El PaisTrump launches the million-dollar ‘Gold Card’ visa
New York SunWealthy Foreigners Will Gain American Residency Through Trump's $1 Million 'Gold Card' Visa
BBC NewsTrump launches $1m 'gold card' immigration visas
Overview
President Trump officially launched the "Trump Gold Card" program from the White House, providing a new pathway for foreign nationals to gain expedited U.S. residency and citizenship.
Applicants must donate $1 million and pay a non-refundable $15,000 processing fee to the Department of Homeland Security to begin the application for the "Trump Gold Card."
The "Trump Gold Card" program will replace the EB-5 visa, established in 1990 to attract foreign investment and create jobs, streamlining the path to U.S. residency.
During the announcement, President Trump did not discuss the EB-5 program's previous job creation requirements or specific program caps, focusing instead on the new initiative.
The program aligns with Trump's immigration policies and also addresses H-1B visa program abuses, introducing a new $100,000 application fee for H-1B visas.
Analysis
Center-leaning sources collectively frame the "Gold Card" program by emphasizing its high cost and appeal to wealthy foreign elites, often contrasting it with traditional immigration ideals or President Trump's broader restrictive immigration policies. They highlight the program's nature as a "gift" rather than an investment, suggesting a transactional approach to citizenship.