Only one Trump "gold card" visa has been approved, Lutnick says
Summary
The Trump administration has approved one "gold card" visa since applications began in December. This visa allows wealthy foreigners to gain U.S. residency by paying a $1 million donation and a $15,000 processing fee.Key Facts
- The "gold card" visa program started accepting applications in December.
- Only one visa has been approved so far, with hundreds more waiting.
- The visa requires a $1 million payment to the U.S. government.
- Applicants also pay $15,000 in processing fees to the Department of Homeland Security.
- The vetting process for applicants is described as very thorough.
- The program was announced by President Trump last year.
- Money from the program will be used for the "betterment" of the United States, decided by the administration.
- Details about the approved applicant have not been shared publicly.
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