Trump Launches $1M 'Gold Card' for US Residency; $5M Platinum Visa Next

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Firstpost•11-12-2025, 06:54
Trump Launches $1M 'Gold Card' for US Residency; $5M Platinum Visa Next
- •Trump launched a "Gold Card" program allowing wealthy foreigners to buy an American "golden visa" for $1 million.
- •A "platinum" version, priced at $5 million, is expected to be released soon.
- •The initiative offers a direct path to citizenship for qualified, vetted individuals, requiring a $15,000 processing fee and a $1 million payment.
- •Businesses sponsoring employees can participate for $2 million, with additional annual maintenance and transfer fees.
- •The program aims to attract talent and generate billions, but has drawn criticism for contradicting traditional US values.
Why It Matters: This initiative allows wealthy foreigners to buy US residency, reshaping immigration policy.
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