United States President Donald Trump last week unveiled a controversial new immigration programme that offers fast-tracked US residency to wealthy foreigners willing to pay at least $1 million (about £750,000).
Dubbed the “Trump Gold Card,” the scheme is designed to attract affluent individuals and high-level professionals who can demonstrate that they will deliver a significant economic benefit to the United States.
Announcing the initiative on social media, Trump said the Gold Card would provide a direct pathway to US citizenship for applicants who pass strict vetting procedures. He added that the programme would help American companies retain top global talent and strengthen the country’s economy.
How the Trump Gold Card Works
According to the programme’s official website, the Gold Card is a special US visa awarded to individuals who can prove they will offer a “substantial benefit” to the nation. Successful applicants are promised permanent residency in what the administration describes as “record time.”
To qualify, individuals must pay a $1 million entry fee, which the government considers evidence of economic contribution. Applicants are also required to submit a non-refundable $15,000 processing fee before their application is reviewed.
Businesses seeking to sponsor foreign employees under the scheme face even higher costs. Employers must pay $2 million, in addition to other government charges that may vary depending on the applicant’s background and circumstances.
Platinum Card and Tax Incentives
In addition to the Gold Card, the administration plans to roll out a “Platinum Card” option. This premium version will reportedly cost $5 million and may come with exclusive tax incentives aimed at encouraging large-scale investment and job creation within the US.
Trump defended the pricing, arguing that wealthy applicants would inject capital into the economy and generate employment opportunities. “The people who can pay $5 million are going to create jobs,” he said, describing the programme as “a bargain” that would attract massive demand.
Immigration Crackdown Intensifies
The launch of the Gold Card comes amid a wider immigration crackdown under Trump’s administration. Authorities have increased work visa fees, stepped up deportations of undocumented migrants, and tightened scrutiny of immigration pathways.
The US government has also suspended immigration applications from 19 countries, mainly in Africa and the Middle East, that are affected by the president’s travel ban. At the same time, officials have halted decisions on asylum claims and announced plans to review thousands of cases approved during President Joe Biden’s tenure.
Impact on Skilled Workers and Students
In September, Trump signed an executive order proposing a $100,000 fee for applicants under the H-1B visa programme, which targets skilled foreign workers. The announcement caused widespread concern among international students and technology firms that rely heavily on overseas talent.
Following backlash, the White House later clarified that the fee would apply only to new applicants currently living outside the United States, easing fears among those already studying or working in the country.
Who the Gold Card Is Targeting
Trump has repeatedly emphasised that the Gold Card is not meant for everyone. The programme, he said, is focused on “productive, high-value individuals” who can contribute meaningfully to the American economy through investment, innovation, and job creation.
As debate continues, critics argue the scheme favours the wealthy while tightening restrictions on other migrants, raising fresh questions about fairness and the future of US immigration policy.
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