"One thing we know about President Donald Trump: He loves gold. His hotels, his golf clubs, his private living quarters, his proprietary high-top sneakers and coffee grounds-all of it is to some extent coated in the same opulent shade. Even the Oval Office is now distinctly more golden than it was during the Biden years. Now the president is taking his gold paintbrush to the nation's immigration policies."
"Enter the Trump Gold Card-not a credit card but a new pathway to immigration, offering wealthy foreigners a fast track to permanent residency in the United States. Launched on Friday by executive order alongside a restrictive new update to the H-1B program, the Trump Gold Card offers potential immigrantsa trade: In exchange for $1 million plus processing fees, the government will give you an EB-1 or EB-2 visa."
"The EB-1 and EB-2 are employment-based visas that have historically been reserved for foreigners of "extraordinary" and "exceptional" ability, among other highly qualified professionals; the number following EB denotes a recipient's importance on the world stage. U.S. Citizenship and Immigration Services suggests that a Pulitzer Prize or an Olympic medal might be part of a winning EB-1 application (it seems to go to all-purpose celebrities, too, such as former supermodel Melania Trump); professionals with "advanced degrees" could consider applying for an EB-2."
President Donald Trump has introduced a new immigration pathway called the Trump Gold Card that grants EB-1 or EB-2 visas to foreigners who pay $1 million plus fees. The program was launched by executive order alongside a restrictive H-1B update. The administration frames the payment as evidence that the individual will substantially benefit the United States. A proposed Trump Platinum Card would cost $5 million and provide 270 days' residency with no U.S. tax on non-U.S. income. The EB-1 and EB-2 historically required evidence of extraordinary or exceptional ability or advanced degrees. The initiative effectively monetizes access to high-prestige employment-based visas.
Read at The Atlantic
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