Overview

• An executive order establishes the Trump Gold Card, offering expedited residency in exchange for a $1 million individual contribution or $2 million when sponsored by a corporation, with details posted at trumpcard.gov.
• The White House set a 90‑day deadline for implementation, with Commerce, State, and Homeland Security handling applications that include a reported $15,000 vetting fee and background checks.
• Commerce Secretary Howard Lutnick said the program will replace EB‑1 and EB‑2 categories and projected 80,000 Gold Cards initially for applicants deemed of exceptional value to the United States.
• A separate order restricts new H‑1B entries unless employers pay a $100,000 fee or obtain a national‑interest exemption, and it directs agencies to pursue rules to raise prevailing wages and prioritize higher‑paid workers.
• Program materials describe a $5 million Platinum tier with extended stay and potential tax treatment that would require congressional approval before taking effect.