Trump announces the launch of the 'Trump gold card'
The program offers expedited U.S. residency for $1 million, with over 10,000 pre-registrations reported, aiming to generate billions and help retain top foreign talent.
- On Wednesday, President Donald Trump announced the launch of the Trump Gold Card, with the White House beginning online applications that went live within 30 minutes.
- By setting higher financial thresholds, officials aim to secure large contributions for the U.S. Treasury, and the administration says the program helps U.S. companies retain foreign students and foreign graduates.
- Individuals can obtain the Gold Card for $1 million while corporations pay $2 million, plus a $15,000 Department of Homeland Security processing fee; corporate cards carry a 5% transfer and 1% annual maintenance fee.
- The plan immediately drew criticism from within President Donald Trump's own base, with supporters furious and critics warning bad actors could exploit the program despite background vetting and revocation provisions.
- The rollout arrives as visa processing and recruitment challenges have already reduced new international student flows, with new foreign students falling 17% this year and overall international enrollment down 1%, the Institute of International Education reported.
292 Articles
292 Articles
Jimmy Kimmel Takes a Swipe at Trump’s ‘Gold Card’
Welcome to Late Night Roundup, a rundown of the previous night’s highlights that lets you sleep — and lets us get paid to watch comedy. Here are the 50 best movies on Netflix right now. Golden Ticket The government has begun accepting applications for what President Trump calls the Trump Gold Card, an expedited visa for foreigners who pay $1 million or more. Jimmy Kimmel called it the “Get Into America Express Card” on his Thursday show. “For a…
As Washington steps up its crackdown on immigration, Trump wants to entice wealthy foreigners to move to the U.S. Now the president is launching a “gold card” that gives companies a fast track to visas – for $1 million.
By launching its "Gold Card" sold a million dollars, Donald Trump transforms access to the American residence into a financial product assumed. A legal and ultra-fast device that sidates by its franchise: pay...
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