President Trump on Wednesday announced the launch of the “Trump Gold Card,” offering a pathway to U.S. citizenship for foreigners who pay $1 million to expedite their visa applications.
“Basically, it’s a green card but much better,” Trump said at an event with business leaders at the White House. “Much more powerful, a much stronger path.”
A website for the program, TrumpCard.gov , launched on Wednesday afternoon.
The cards themselves feature Trump’s official portrait flanked by the Statue of Liberty and an eagle, alongside the president’s signature.
How does it work?
To apply, applicants must pay a nonrefundable $15,000 processing fee to be vetted by the Department of Homeland Security, according to the website. After “background approval,” the site promises those who contribute $1 million will “receive U.S. residency in record time.” As lawful permanent residents, cardholders will be eligible for citizenship through naturalization after five years.
“A $1 million gift upon completion of the individual’s vetting is evidence that the individual will substantially benefit the United States,” the website states. “An individual may also need to pay small, additional fees to the U.S. Department of State depending on his or her circumstances.”
U.S. companies can pay $2 million for a “Trump Corporate Gold Card” to sponsor a foreign worker they want to bring into the country.
