Overview
- Applications opened on trumpcard.gov for the Gold Card, which offers a fast-tracked route to lawful permanent residence with a $15,000 nonrefundable fee and a $1 million payment after vetting.
- Companies can sponsor employees through the Corporate Gold Card by paying a $15,000 fee per worker plus a $2 million payment, with a 1% annual maintenance charge and a 5% transfer fee for reassignments.
- DHS will conduct background checks, and successful Gold Card holders can apply for U.S. citizenship after five years of permanent residence.
- The administration says the program is intended to supplant EB-5 and projects that payments will generate billions for the Treasury, with Trump touting more than $100 billion possible.
- A higher-priced Platinum tier remains waitlisted at $5 million, with promotional materials describing up to 270 days in the U.S. without U.S. tax on foreign income, while visa availability under EB-1/EB-2 quotas may still affect timing.