Summary
President Trump's administration has introduced two new visa proposals: the Platinum Card and the Gold Card. The Platinum Card allows foreigners to stay in the U.S. for up to 270 days without paying taxes on non-U.S. income, while the Gold Card offers a path to U.S. citizenship for a fee and a monetary contribution. Both initiatives coincide with stricter immigration enforcement policies.
Key Facts
- The Platinum Card allows foreigners to spend up to 270 days in the U.S. without paying taxes on income earned outside the U.S.
- The Gold Card visa offers a path to U.S. citizenship for those who pay a processing fee and contribute $1 million to the U.S. Treasury.
- The Platinum Card costs companies $2 million to sponsor an employee.
- The Gold Card will replace the EB-1 and EB-2 visa categories, which are for individuals with exceptional skills.
- The Trump administration announced a significant fee increase to $100,000 for new H1-B visa applicants, which is used by skilled foreign workers to work in the U.S.
- Both visa proposals are part of an overall move to tighten immigration controls while changing visa and immigration options.
- A waiting list for the Trump Platinum Card is already set up on a federal website.
- The Gold Card program expects to issue about 80,000 cards as it replaces other visa categories.
