Overview

• The executive order ties eligibility to an unrestricted $1 million gift to the Commerce Department, or $2 million if paid by a corporation on an individual’s behalf.
• Commerce, State and Homeland Security were directed to design the application, screening and processing framework within 90 days.
• Money from the gifts will go to a Commerce fund held with the Treasury to promote U.S. industry, with administration of the program moved outside USCIS.
• The public launch cut the previously touted $5 million price and introduced a corporate option and a waitlist for a proposed $5 million Platinum Card.
• Immigration analysts and lawmakers warn the plan likely needs congressional authorization and could face lawsuits, and no formal application process has been opened yet.