The President of the United States, Donald Trump, launched this Wednesday a portal to apply for the “Trump Gold Card”, the document that the President presented as a mechanism to attract people interested in settling in the country and obtain privileges comparable to those of permanent residents for a price of one million dollars.
“THE TRUMP GOLDEN CARD OF THE UNITED STATES GOVERNMENT IS ALREADY HERE!”, Trump posted on his Truth Social account, where he advanced that the portal would be enabled this afternoon.
Trump’s Gold Card is here
In an appearance at the White House, the president said that this pathway offers a “more solid path” than the traditional green card and that the “Gold Card” is “much better.
For his part, Commerce Secretary Howard Lutnick assured that those who obtain permanent residency earn less money than the average American and are more likely to apply for public aid, something they want to avoid and attract “the best”.
The site offers three modalities.
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The individual card requires a payment of one million dollars.
While the corporate option, aimed at companies seeking to retain or relocate foreign talent, raises the cost to two million.
Both also include a non-refundable administrative fee of US$15,000, according to the portal presented by the president.
The government also launched the “Platinum Card”, a “premium” version valued at US$5 million and presented as an option with additional benefits compared to the standard model.
“Great American companies can finally keep their valuable talent,” Trump noted in another post on Truth.
Although the White House defends the program as a tool to attract investment and highly qualified professionals, legal experts warn that its implementation could face regulatory challenges and ethical questions due to its similarity to “golden visa” schemes used in other countries.
The plan was initially presented as a possible replacement for the EB-5 visa, which was created by the Immigration Act of 1990 and allows foreign investors to obtain permanent residency in exchange for a substantial investment in a U.S. business and the creation of at least ten full-time jobs for U.S. workers or immigrants with work authorization.
Filed under: Trump’s gold card
With information from EFE
