Overview
- Applications are live on Trumpcard.gov, with a $1 million contribution for individuals, $2 million per company-sponsored employee, and a $15,000 nonrefundable vetting fee.
- The program confers lawful permanent resident status with priority processing, promising decisions in weeks for many applicants and longer waits for nationalities constrained by quotas.
- According to the White House, all contributions are deposited in the U.S. Treasury to promote commerce and industry, with officials projecting billions of dollars in revenue.
- Officials say the design effectively replaces the EB-5 investor route by dropping job-creation requirements and omitting strict quotas in the decree.
- Democratic lawmakers and migrant-rights groups argue the scheme creates a two-tier immigration system, as the White House also explores a $5 million ‘Platinum Card’ offering extended stays and tax advantages that would require congressional approval.