Donald Trump’s team is preparing a new “Gold Card” visa that could let wealthy foreigners secure US. permanent residency, essentially a green card, by making a financial contribution to the U.S. government. The draft petition for the program is expected to be ready by December 18, 2025, giving prospective applicants a clear timeline to apply.
Under the plan, individuals must first pay a $15,000 non-refundable application fee. Once approved, they will need to make a $1 million gift to the US Treasury. Companies wishing to sponsor employees through the program would face higher costs, around $2 million per employee.
The Gold Card aims to provide a fast-track route to lawful permanent residency, possibly under existing visa categories such as EB‑1 or EB‑2. However, applicants will be subjected to rigorous checks, including verification of criminal records, tax filings, and the legal source of their funds. Those applying from outside the US would likely go through consular processing, while current residents may have options to adjust their status.
For the ultra-wealthy, a Platinum Card is also being considered. At $5 million, this version would allow holders to live in the US. for up to 270 days a year and enjoy favorable tax treatment on income earned abroad.
While supporters argue the program could inject billions into the US economy, critics say it essentially allows the super-rich to “buy” residency, favoring wealth over merit or traditional immigration paths. As the proposal moves through regulatory review, further details, including eligibility rules and application procedures, are expected to emerge.
The Gold Card is part of a broader push by Trump’s administration to attract high-net-worth individuals, while also generating revenue for the US Treasury and potentially stimulating economic growth.
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