Trump Proposes $1 Million “Gold Card” to Fast-Track US Residency for Wealthy Immigrants

Former President Donald Trump has proposed a new immigration pathway. He calls it the “Gold Card.” The plan would allow wealthy foreign nationals to secure permanent US residency. They would need to pay a fee of one million dollars.

The proposal was announced at a White House roundtable. Trump framed it as a way to attract “tremendous people” to the country. It represents a significant shift from current investment-based visa programs.

How the Gold Card Compares to the Existing EB-5 Visa Program

The proposed Gold Card differs sharply from the existing EB-5 visa. According to Reuters, the EB-5 program requires a capital investment in a US business. That investment must create at least ten American jobs.

The Gold Card replaces the investment requirement with a direct fee. Applicants would pay one million dollars to the US Treasury. There is also a reported five million dollar “platinum” option under consideration. Security and background checks would still be mandatory.

This shift moves the focus from job creation to revenue. Supporters argue it simplifies a complex process. Critics see it as a straightforward sale of residency to the global elite.

Broader Impact and Political Implications of the Proposal

The plan would fundamentally alter high-end immigration. It sidelines the traditional emphasis on economic development through investment. Instead, it positions US residency as a premium product for sale.

For the immigration sector, this could streamline applications for the very wealthy. However, it may draw resources away from other visa categories. The long-term effects on job creation and investment patterns remain unclear.

The proposal is likely to fuel ongoing political debates about immigration fairness. It frames US citizenship as a commodity accessible primarily through wealth.

The proposed Trump Gold Card system redefines the relationship between wealth and American residency. Its direct fee structure marks a clear departure from decades of immigration policy. The concept is set to spark intense debate about the future of US immigration.

Thought you’d like to know

What is the main difference between the Gold Card and an EB-5 visa?

The EB-5 visa requires an investment in a job-creating US business. The Gold Card proposal replaces that with a direct one million dollar fee payment to the government, with no business investment required.

Has the Gold Card proposal been passed into law?

No. This is currently a proposal from former President Trump. It would require congressional approval to become an official immigration program, a process that could take significant time and negotiation.

What does the Gold Card application process involve?

Based on the proposal, applicants would submit information through a dedicated website. They would undergo federal security vetting. After approval, they would pay the residency fee to receive lawful permanent residence.

Who would benefit most from the Gold Card program?

The program is designed for high-net-worth individuals seeking a faster, more predictable path to US residency. It benefits those who have significant liquid assets to pay the fee upfront rather than tying up capital in a business venture.

Why is the Trump Gold Card controversial?

It is controversial because it appears to sell permanent residency. Critics argue it prioritizes wealth over skill or contribution, potentially undermining the principle of immigration based on merit or family ties.