Trump Launches 'Gold Card' Visa: $1M for US Permanent Residency

• Donald Trump launched a "Gold Card" visa program to attract top talent and offer fast-track permanent residency in the US.
• The Gold Card requires a $1 million payment to the US Treasury for individuals, or $2 million for corporate-sponsored employees.
• Unlike a Green Card, it primarily relies on financial contribution, without requirements for job creation, business investment, or family ties.
• Applicants must pay a $15,000 non-refundable processing fee and undergo DHS vetting before final payment.
• The Gold Card replaces the old EB-5 investor visa, which previously required business investment and job creation.

Why It Matters: This new Gold Card offers a direct, high-cost path to US permanent residency.