Overview
- The executive order establishes a tiered program that lets qualified foreigners use a $1 million personal gift or a $2 million corporate gift to establish eligibility for an immigrant visa through expedited processing, subject to vetting and existing visa limits.
- Commerce, State and DHS must stand up the program within 90 days, set application and expedited adjudication procedures, and collect administrative fees to fund processing.
- Gifts will be deposited in a separate Treasury fund for commerce‑promoting activities, and the order directs officials to treat those gifts as evidence under EB‑1 and EB‑2 national‑interest criteria during adjudication.
- A Corporate Gold option allows companies to reassign a sponsored slot to another employee after screening, with maintenance and transfer fees set by the agencies.
- A $5 million Platinum tier is being promoted as coming soon with up to 270 days’ U.S. presence without tax on non‑U.S. income, and news reports also describe a new $100,000 H‑1B application fee announced alongside the rollout.