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World · 11 December 2025

Trump launches Gold Card: $1M for US residency

Trump launches Gold Card: $1M for US residency

AI Generated (Gemini)

President Trump officially launched his Gold Card immigration programme on Wednesday, allowing wealthy foreigners to pay $1 million for expedited US residency and citizenship pathways, with corporations charged $2 million per foreign employee. The scheme replaces the existing EB-5 visa system and requires a $15,000 processing fee plus thorough background checks. Critics have denounced it as citizenship for sale, comparing it to controversial golden visa programmes in Europe, while supporters argue it will attract top talent and generate billions for the Treasury.

Reported by Mirror · How we write briefs

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