Overview
- The government site trumpcard.gov is live and taking applications with a nonrefundable $15,000 DHS processing fee, a $1 million individual contribution, and a $2 million corporate option per employee.
- The administration says approved applicants will receive expedited lawful permanent residency via EB-1 or EB-2 categories, with interviews and processing measured in weeks and a stated path to citizenship after five years.
- A waitlist-only $5 million Platinum tier is previewed as allowing up to 270 days in the U.S. without U.S. taxes on foreign income once launched.
- Commerce Secretary Howard Lutnick said roughly 10,000 people pre-registered and projected the program could raise billions for the U.S. Treasury, with all proceeds going to the government.
- Immigration experts and critics question the administration’s authority to replace or reshape EB-5 rules, the lack of job-creation requirements, potential per‑country limits, and safeguards against fraud or abuse.