New Immigration Program from Trump Administration
Commerce Secretary Howard Lutnick recently discussed President Trump’s “Gold Card” visa initiative, emphasizing its potential to attract top international talent and investments to the U.S.
“Why shouldn’t we welcome the best of the best? That’s the essence of what President Trump envisions: bringing in the brightest minds to contribute to America while investing a million dollars here,” Lutnick stated during a Thursday appearance.
He noted that the Gold Card features a portrait of Trump, along with the Statue of Liberty and the American flag, all set against a gold backdrop. This concept was first introduced by the president in September, and the administration is pushing to create a more straightforward path to U.S. citizenship.
The program targets individuals who promise significant benefits for the country. Applying involves a non-refundable processing fee of $15,000, plus a $1 million contribution after an evaluation, and promises expedited reviews once all documentation is submitted, as per Trumpcard.gov, the official application site.
Lutnick explained, “Paying that $15,000 means you’re subject to one of the most comprehensive screenings for newcomers to America. This fee is to ensure we select only the best talent. Following that, there’s a million-dollar donation to the nation.”
Another avenue, the Trump Corporate Gold Card, allows businesses to sponsor employees by paying a similar $15,000 fee and making a $2 million donation post-review. This option might also entail annual retention and transfer fees depending on individual cases.
A Commerce Department representative mentioned some initial success, stating, “We’ve received several applications already and fees have been paid.”
Lutnick added that these applicants have the necessary economic means to enhance the U.S. economy, suggesting that this initiative could increase the appeal of immigration to the country.
He described the Gold Card as akin to a green card but significantly more advantageous, pointing out that green card holders typically earn less than average Americans. “We’ve been welcoming the lowest earners; why do that?” he questioned.
At a White House briefing, President Trump highlighted that funds generated from this initiative will contribute “huge amounts of money” to the U.S. government, reiterating that all proceeds would be donated to the state.
