President Donald Trump has unveiled a new immigration programme offering expedited US visas to affluent foreigners willing to pay at least $1 million. The “Trump Gold Card,” announced earlier this year and formally launched on Wednesday, promises a “direct path to citizenship” for applicants who can demonstrate they will provide a “substantial benefit” to the United States.
According to the programme’s official website, the Gold Card aims to attract “high-level professionals” and investors. Successful applicants are promised US residency in “record time,” while businesses sponsoring employees must contribute $2 million. A premium “platinum” version costing $5 million will soon be available, offering additional tax benefits.
Applicants must also pay a non-refundable $15,000 processing fee. Extra government fees may apply depending on individual circumstances.
The initiative has drawn criticism from Democrats, who argue it unfairly prioritises wealthy individuals. Trump defended the programme, saying that those able to pay millions “will create jobs” and describing the offer as “a bargain”.
The launch comes at a time when Washington is tightening its broader immigration policies, raising visa fees, pausing asylum decisions, and expanding deportation operations. The US has also suspended immigration applications from 19 countries, mostly in Africa and the Middle East, under the current travel ban.
In addition, Trump recently approved a controversial $100,000 fee for new H-1B visa applicants currently living abroad, sparking concern among international students and technology firms.
Despite criticism, the administration insists the Gold Card will help American companies “retain invaluable talent” and boost the country’s economic competitiveness.
