Is the 'Trump Gold Card' Visa a Game Changer Amid H-1B Restrictions?
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Synopsis
As the Trump administration imposes limits on H-1B visas, a new opportunity arises with the launch of the 'Trump Gold Card'. This investment-based visa program invites wealthy individuals and corporations to contribute significantly to the U.S., raising questions about its impact on immigration and the job market.
Key Takeaways
- Investment Requirement: $1 million for individuals, $2 million for corporations.
- Job Creation: Aims to foster business growth and employment opportunities.
- Rigorous Vetting: All applicants will undergo strict Department of Homeland Security scrutiny.
- Replaces Old Programs: Intended to replace ineffective visa categories.
- Projected Revenue: Expected to generate over $100 billion for the U.S. treasury.
Washington, September 21 (NationPress) Amidst the restrictions on H-1B visas by the Trump administration, a new investment-driven initiative known as the 'Trump Gold Card' has been unveiled.
On Friday, President Trump enacted an executive order that enables individuals to secure a visa for $1 million, while corporations can obtain one for $2 million.
Commerce Secretary Howard Lutnick shared details of this initiative on X, emphasizing that this program does not broaden immigration.
According to Lutnick, for $1 million, individuals can acquire the Trump Gold Card, thereby creating jobs and fostering businesses in America. Corporations can buy a Corporate Trump Gold Card for one employee at $2 million. In this case, the company holds ownership of the card, with an option to transfer it to another employee for an additional fee.
He further mentioned that all participants in the Gold Card Program will face strict DHS vetting and will incur a $15,000 processing fee.
Lutnick pointed out that this program will replace ineffective visa categories such as the diversity lottery, which he argues detracts from America's attractiveness instead of bringing in high-earning individuals.
After signing the Executive Order, Trump likened the Gold Card to a “signing bonus” for athletes in baseball or football.
“One major issue we face is that talented individuals from top schools with excellent grades are often expelled from the country. This initiative will allow companies to retain these top talents,” Trump stated.
Lutnick asserted that through this program, the U.S. aims to admit only exceptional individuals.
“Rather than competing for American jobs, these individuals will help establish businesses and create employment opportunities for Americans. This initiative is projected to generate over $100 billion for the United States treasury,” he added.
Point of View
The introduction of the 'Trump Gold Card' reflects a strategic pivot in U.S. immigration policy. While it promises to attract high-caliber talent, it raises critical questions about the implications for existing visa categories and the job market dynamics. NationPress advocates for an examination of these policies, ensuring they serve to enhance the American economy.
NationPress
21/09/2025
Frequently Asked Questions
What is the 'Trump Gold Card'?
The 'Trump Gold Card' is an investment-based visa program introduced by the Trump administration allowing individuals and corporations to obtain visas by making significant financial contributions.
How much does the 'Trump Gold Card' cost?
Individuals can acquire the Trump Gold Card for $1 million, while corporations can purchase a Corporate Trump Gold Card for $2 million.
What is the purpose of the 'Trump Gold Card'?
The program aims to attract wealthy individuals and businesses to the U.S., creating jobs and fostering economic growth.
Will applicants face any scrutiny?
Yes, all applicants will undergo rigorous vetting by the Department of Homeland Security.
How will this program affect American workers?
The initiative is designed to create new jobs and businesses for Americans rather than competing for existing positions.
