Former President Donald Trump has launched a new program offering fast-tracked U.S. visas to wealthy foreigners who can pay at least $1 million (£750,000).
Called the Trump Gold Card, the visa provides a “direct path to citizenship” for qualified applicants. Trump said on social media that it’s “so exciting” and will help American companies retain valuable talent.
The Gold Card targets individuals who can provide a “substantial benefit” to the United States. Individual applicants pay $1 million, while businesses sponsoring employees must pay $2 million. A Platinum version offering special tax breaks will soon be available for $5 million. Applicants also need to pay a non-refundable $15,000 processing fee, with potential extra government fees based on their circumstances.
While similar to traditional green cards, which allow immigrants of all income levels to live and work permanently in the U.S., the Gold Card focuses on high-level professionals. Trump emphasized that the program seeks productive individuals who can create jobs and boost the economy.
The scheme has faced criticism from some Democrats, who say it favors the wealthy. Green card holders usually become eligible for citizenship after five years, while the Gold Card offers a faster route for those who can afford it.
The launch comes amid stricter U.S. immigration rules, including higher work visa fees and increased deportations. The government has paused applications from 19 countries, mostly in Africa and the Middle East, and is reviewing thousands of asylum cases. Earlier, Trump proposed a $100,000 fee for new H-1B visa applicants, causing concerns among international students and tech companies.
Despite criticism, Trump claims the Gold Card will “sell like crazy” and calls it a bargain for wealthy applicants willing to invest in the U.S. economy.
