US President Donald Trump on Wednesday officially launched his long-promised Gold Card visa program, opening applications for individuals and companies willing to invest $1 million or more. The program aims to attract top talent to the US, generate billions for the US Treasury, and provide a quicker, more profitable option than the traditional EB-5 visa system.
What Is The Trump Gold Card?
The Trump Gold Card is a new US visa program started by the President. It offers legal permanent residency and a path to US citizenship for individuals and corporations ready to invest significant funds in the country.
It is intended to replace the EB-5 visa program, which has been in place since 1990. EB-5 visas were created to draw foreign investment to the US and create jobs for American workers.
Who Can Apply For this card
- Individuals: Must be eligible for lawful permanent residency and admissible to the US
- Corporations: Can sponsor foreign-born employees
- Family: Spouses and unmarried children under 21 can also apply, but each must pay extra fees
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