Trump Administration Launches Gold Card Program

The Trump administration launched a new immigration program on Wednesday, allowing wealthy foreign nationals and businesses to obtain U.S. permanent residency through substantial financial contributions. The initiative, dubbed the Gold Card, opened for applications via the government website trumpcard.gov, offering expedited green cards to qualified individuals for a $1 million payment and to companies sponsoring employees for $2 million per person, following a $15,000 processing fee and rigorous background checks by the Department of Homeland Security.

President Donald Trump announced the program's debut during an event in the White House's Roosevelt Room, surrounded by business leaders. He described it as a direct path to citizenship for vetted applicants, emphasizing its role in retaining top talent for American companies. "The United States government's Trump Gold Card is here today! A direct path to citizenship for all qualified and vetted people. So exciting! Our great American companies can finally keep their invaluable talent," Trump posted on social media shortly after the launch.

Under the program, individuals who pass vetting receive lawful permanent residency, with...