Categories: International

US Commerce Secretary says Trump's Gold Card visa program officially live

Washington, DC [US], September 21 (ANI): US Secretary of Commerce Howard Lutnick announced that US President Donald Trump’s ‘Gold Card’ visa programme, which will provide permanent residency to individuals at USD 1 million and corporations sponsoring employees at USD 2 million, is officially live now.

Howard Lutnick reiterated that the ‘Gold Card’ restores US immigration policy by prioritising the interests of US citizens, allowing only the individuals and companies that will strengthen the country’s economy and create jobs.

In a post on X, Lutnick mentioned the criteria to obtain the gold card, noting that all applicants will undergo rigorous vetting by the Department of Homeland Security.

“The Trump Gold Card is officially live. For USD 1M, individuals can obtain the Trump Gold Card–creating jobs and building businesses here in America. For USD 2M, corporations can purchase a Corporate Trump Gold Card for one employee. The company–not the individual–owns the card, with the option to transfer to another employee for a fee. All applicants will undergo rigorous DHS vetting, with a $15,000 processing fee paid by the applicant,” the US Secretary of Commerce said.

https://x.com/howardlutnick/status/1969455483816714728

Lutnick also mentioned that this new visa programme will replace the existing “diversity lottery programme” which, according to him, is only designed to attract people.

“This program does not expand immigration. It will replace broken visa categories like the diversity lottery, which brings down America instead of attracting the high-earning individuals these programs were originally designed to attract,” he said.

“Instead, it brings in individuals and companies who will strengthen our economy, create jobs, and invest in America–while cutting the deficit. The Trump Gold Card restores our immigration system to its true purpose: serving the American people first,” he added.

The Trump administration has launched a premium immigration programme targeting wealthy individuals worldwide, offering US permanent residency through expensive “Gold Cards” that could generate billions in revenue for the American Treasury.

Under the Gold Card programme, individual applicants will pay USD 1 million (approximately Rs 8.5 crore) for permanent residency, while corporations sponsoring employees will pay USD 2 million per person. The programme replaces existing employment-based green card categories EB-1 and EB-2, starting with 80,000 available visas.

Gold Card holders will be classified as “privileged permanent residents” with full rights to live and work in the United States permanently, including a pathway to citizenship. (ANI)

Source

The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.

Indianews syndication

Recent Posts

Disney taps parks head Josh D'Amaro as CEO to lead post-Iger era

Feb 3 (Reuters) - Walt Disney on Tuesday named theme parks head Josh D'Amaro as…

43 seconds ago

Milano-Cortina 2026 organisers confident over preparations, tickets and security

VIDEO SHOWS: MIXED ZONE INTERVIEWS WITH ANDREA VARNIER AND GIOVANNI MALAGO FROM MILAN-CORTINA ORGANISING COMMITTEE/…

3 minutes ago

BRIEF-Lakeland Fire + Safety Awarded Contract From Uk County Fire And Rescue Services For Firefighting Gloves

Feb 3 (Reuters) - Lakeland Industries Inc: * LAKELAND FIRE + SAFETY AWARDED CONTRACT FROM…

5 minutes ago

Exclusive-JPMorgan closing in on new frontier market local currency debt index, sources say

By Marc Jones LONDON, Feb 3 (Reuters) - JPMorgan is finalising plans for a new…

8 minutes ago

Western Digital adds $4 billion to buyback plan as AI boosts memory chip sales

Feb 3 (Reuters) - Western Digital said on Tuesday its board has approved $4 billion…

10 minutes ago

Netflix co-CEO faces grilling by US Senate panel over Warner Bros deal

By Jody Godoy Feb 3 (Reuters) - Netflix Co-Chief Executive Officer Ted Sarandos faces a…

13 minutes ago