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Trump Signs Order Creating $1 Million ‘Gold Card’ Visa, With $2 Million Corporate Sponsorship and Planned $5 Million ‘Platinum’ Tier

The order gives agencies 90 days to create an expedited application process, a step likely to face legal and oversight tests.

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.