Trump's $1M 'Gold Card' immigration application plan launches
2 days ago
- #Trump
- #wealth
- #immigration
- President Donald Trump announced the launch of the 'Trump Gold Card' immigration plan, which fast-tracks residency and citizenship for wealthy immigrants for $1 million or more.
- The program requires a $15,000 DHS processing fee and a $1 million contribution, promising U.S. residency in record time.
- Trump described the card as similar to a green card but with added advantages, targeting graduates from top schools like Wharton, Stern, Harvard, and MIT.
- Commerce Secretary Howard Lutnick stated the program could generate billions for the U.S. Treasury, with applicants eligible for citizenship after five years of vetting.
- The announcement contrasts with Trump's recent anti-immigrant rhetoric, including calls to suspend immigration from 'Third World Countries' and halt asylum decisions.
- Trump's immigration policies, including mass deportations and asylum pauses, have faced criticism during his second term.