Trump Introduces $1 Million ‘Gold Card’ Immigration Program

President Donald Trump has unveiled a new initiative offering expedited US visas to wealthy foreigners willing to pay at least $1 million.

Dubbed the “Trump Gold Card,” the program promises a “direct path to citizenship for all qualified and vetted applicants,” Trump announced on social media, adding that it would help American companies retain top global talent.

The Gold Card visa is available to individuals who can demonstrate that their presence will provide a “substantial benefit” to the United States. Businesses sponsoring employees under the scheme are required to pay $2 million, with additional fees applicable. A premium “Platinum” version offering special tax benefits will also be available for $5 million.

Applicants must also pay a non-refundable $15,000 processing fee before their submission is reviewed, and extra charges may apply depending on individual circumstances.

The program comes amid a broader US crackdown on immigration, including increased work visa fees and deportations of undocumented migrants. According to the official scheme details, the Gold Card offers US residency “in record time,” specifically targeting highly skilled professionals.

Trump emphasized that the program is designed for productive individuals. “The people that can pay $5 million, they’re going to create jobs. It’s going to sell like crazy. It’s a bargain,” he said.

The Gold Card has faced criticism from some Democrats who argue that it unfairly favors wealthy applicants. Trump has likened the program to green cards, which allow permanent residency in the US and eligibility for citizenship after five years, but stressed that the Gold Card is aimed at high-level professionals who will significantly contribute to the US economy.

The announcement comes alongside other strict immigration measures, including a pause on applications from 19 countries under the US travel ban and a review of asylum approvals granted during the previous administration. Additionally, in September, Trump introduced a $100,000 fee for new H-1B visa applicants applying from abroad, a move that caused concern among international students and technology firms.