Trump Gold Card Sees 338 Applicants as Wealthy Look Beyond US
Summary
President Donald Trump’s gold card visa program, launched in 2025 to quickly grant U.S. residency to wealthy foreigners who pay $1 million, has only received 338 applicants so far. The program promised fast processing but documents show it does not guarantee quicker approval and is currently facing legal challenges.Key Facts
- The gold card visa program started in 2025 under President Trump’s administration.
- It requires a $1 million payment plus a $15,000 processing fee.
- Only 338 people have applied and 165 have paid the processing fee.
- The program does not guarantee faster visa approval compared to other types.
- It aims to attract wealthy foreign investors in exchange for U.S. residency or citizenship.
- The program replaced the previous EB-5 investor visa but is tied to EB-1 and EB-2 visa categories.
- A federal lawsuit accuses the government of hiding information about the program’s creation and operation.
- Some officials previously claimed the program sold $1.3 billion in gold cards quickly, but actual numbers are much lower.
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