Trump introduces “Gold Card”: American visa for $1 million for wealthy foreigners

America is officially entering the era of residency by investment. President Donald Trump signed a new executive order and introduced the “Trump Gold Card” – a visa that grants foreign nationals permanent residency in the U.S., and under certain conditions a path to citizenship, in exchange for an investment of at least $1 million.

How does the Gold Card work?

Gold Card applicants can obtain lawful permanent resident status through existing EB-1 and EB-2 categories, which were previously reserved for individuals with “extraordinary abilities” or high academic degrees.

• $1 million investment it brings a fast track to US residency.
• $5 million in investments opens the door to a new Trump Platinum Card option that allows a stay of up to 270 days per year without paying income tax on income earned outside the US.

The application process is simple – via the website TrumpCard.gov Interested parties enter the processing queue, fill out a form, and then undergo a security check.

Private and business customers

Individuals can buy a Gold Card for $1 million, while companies can sponsor employees at a cost of $2 million. The advantage for businesses is that they can later transfer the visa to another employee without an additional fee.

Controversies and Dilemmas

Although the program is expected to bring more than $100 billion to the state treasury, critics warn that this move turns American immigration into a pay-to-play system. Questions that are being raised:

• Will the rich be able to buy advantages that remain unavailable to others?
• What will be the impact on the real estate market and the cost of living?
• Could this program open the door to abuses and the “purchase” of residency by controversial individuals?

Golden visa – salvation for debt, but also a risk to values

Officials claim the Gold Card can help reduce the U.S. national debt, which exceeds $36 trillion. However, the question remains whether history will remember this move as a visionary solution or as a moment when financial interests overshadowed the traditional values of American immigration policy—opportunity, diversity, and meritocracy.

SOURCE: FORBES PHOTO: YOUTUBE SCREENSHOT