Summary
President Donald Trump launched a new visa program called the Trump Gold Card, which offers a direct path to U.S. citizenship for qualified applicants. The program aims to attract wealthy foreign nationals to invest in the U.S. in exchange for residency.
Key Facts
- The Trump Gold Card program was announced by President Trump on Truth Social.
- It provides a new path to U.S. citizenship for people who meet specific financial and skill criteria.
- The program targets wealthy foreign individuals willing to invest in the U.S.
- Previous proposals required individual applicants to contribute $1 million to the U.S. Treasury.
- Corporate-sponsored applicants may need to contribute $2 million.
- A non-refundable $15,000 processing fee is part of the application process.
- An additional proposal, the Platinum Card, could allow longer stays in the U.S. without foreign income tax liabilities for a $5 million fee.
- The exact details of the Gold Card program are not fully clear yet.
