Only one Trump “gold card” visa has been approved so far, Commerce’s Lutnick says
The Trump administration has recently approved one “gold card” visa since opening up applications for the new U.S. residency permit last December. Commerce Secretary Howard Lutnick provided this update during a House subcommittee hearing, revealing that the process for applying for the gold card visa has been finalized in collaboration with the U.S. Department of Homeland Security.
Individuals seeking the gold card visa must make a $1 million donation to the U.S. government, a requirement that has attracted hundreds of applicants. Lutnick emphasized the thorough vetting process for these applicants, describing it as the most rigorous in government history.
President Trump introduced the gold card visa program as a fast-track option for affluent foreigners to obtain legal residency in the U.S. while also generating revenue for the government. The application process for this visa officially launched in December, with the government website boasting expedited residency approval.
In addition to the $1 million donation, applicants must pay a $15,000 processing fee to the Department of Homeland Security. Questions about the program were redirected to the Commerce Department, which did not provide immediate comment on the individual who was granted the gold card visa.
When asked by Rep. Grace Meng about the utilization of the $1 million donations, Lutnick stated that the funds would be allocated towards the improvement of the United States, with specific details to be determined by the administration.
It is essential to note that this article has been edited by Alain Sherter. For further information on this topic and other related news, readers are encouraged to explore additional content on CBS News.
In conclusion, the gold card visa program represents a unique opportunity for wealthy foreigners to secure legal residency in the U.S. while contributing to the country’s development. The meticulous vetting process and financial requirements underscore the seriousness of this initiative, with potential for significant impact on both applicants and the government.
