Trump Launches $1 Million Gold Card For Visas
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Washington: The Trump administration launched the Trump Gold Card visa program on Wednesday, opening Trumpcard.gov to accept applications offering expedited residency in exchange for payments. The program requires a $15,000 DHS processing fee plus a $1 million individual contribution or $2 million corporate contribution after background checks and vetting. Officials said the initiative aims to retain skilled graduates and attract talent while replacing the EB‑5 investment visa framework. Commerce Secretary Howard Lutnick reported about 10,000 pre‑registrations. Officials expect revenue and job gains. The administration said proceeds will go to the U.S. government. Based on 11 articles reviewed and supporting research.
More context
Timeline
- 1. 1990: Congress created the EB‑5 investor visa to attract foreign investment.
- 2. Early–mid 2025: President Trump publicized concepts for a paid expedited residency program, at times citing various price points.
- 3. Pre-launch period (weeks before Dec): Trumpcard.gov opened pre-registration and officials reported about 10,000 sign-ups.
- 4. Dec 10–11, 2025: Administration formally launched the Trump Gold Card program and activated Trumpcard.gov.
- 5. Post-launch: Officials announced proceeds will go to the U.S. government and projected sales could raise substantial revenue.
Sources
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