URGENT UPDATE: The Trump administration has just announced that sales of the new immigration Gold Card have skyrocketed to $1.3 billion. This program, which offers a fast-track pathway to U.S. citizenship for foreign nationals and corporations, is designed to bolster the U.S. Treasury, as stated during a White House event today.
President Donald Trump revealed the news, emphasizing that the funds raised from these sales will contribute to reducing the national debt. “It’s essentially the green card on steroids,” Trump declared, highlighting the program’s appeal to those seeking residency in the United States.
Launched on December 10, the Gold Card allows non-Americans to pay $1 million plus a $15,000 processing fee for expedited U.S. residency. Corporations can participate by making a $2 million contribution along with the same processing fee. This dual approach is expected to attract significant foreign investment, adding to the urgency of the program’s implementation.
The Trump Corporate Gold Card offers foreign firms the unique ability to secure U.S. citizenship for their employees, with the option to transfer the card to another employee for a 5% transfer fee that covers background checks. Additionally, there is a 1% annual maintenance fee for corporate holders.
Commerce Secretary Howard Lutnick has emphasized that the Gold Card system will replace the existing EB-5 visa program, which has been in place since 1990 to encourage foreign investment and job creation. Lutnick assured that all applicants will undergo thorough vetting processes to ensure compliance with U.S. immigration laws.
This surge in Gold Card sales is not just a financial statistic; it signals a significant shift in U.S. immigration policy, aiming to attract wealth and talent during a time of economic uncertainty. With the program gaining traction among foreign investors, the implications for U.S. immigration and economic strategies will be profound.
As the program continues to unfold, stakeholders are closely watching its impact on both the economy and immigration patterns. The administration’s efforts to fast-track citizenship could reshape the landscape of U.S. residency, making it a pivotal development for potential applicants and the broader community.
Stay tuned for more updates as this story develops. The Gold Card program is poised to be a game-changer in the realm of U.S. immigration, and citizens, investors, and policymakers alike are eager to see how it unfolds in the coming weeks.
