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Trump Launches $1M Gold Card Visa, One Approved

4/24/2026

25 3 Full Breakdown

Summary

Story summary

President Donald Trump signed a September order creating a $1 million “Gold Card” residency program.
The Department of Homeland Security vets each applicant, with only one approval to date.
Applicants must invest $1 million and pay a $15,000 DHS processing fee for the visa.
Commerce Secretary Howard Lutnick said hundreds of investors remain in the queue.
The program permits $2 million corporate sponsorships and adds a $100,000 fee for H-1B visas.

History

Historical Context

Established in 1990, the EB-5 Immigrant Investor Program aimed to stimulate the U.S. economy by requiring foreign investors to contribute at least $1 million, creating ten jobs for Americans. The program has evolved, with the 2022 EB-5 Reform and Integrity Act enhancing oversight. The recent introduction of a “Gold Card” residency program reflects a continued trend of leveraging foreign investment to drive economic growth.

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Story summary

President Donald Trump signed a September order creating a $1 million “Gold Card” residency program.
The Department of Homeland Security vets each applicant, with only one approval to date.
Applicants must invest $1 million and pay a $15,000 DHS processing fee for the visa.
Commerce Secretary Howard Lutnick said hundreds of investors remain in the queue.
The program permits $2 million corporate sponsorships and adds a $100,000 fee for H-1B visas.

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