Only One Applicant Approved for Trump's Gold Card Visa Program So Far
Trump 'gold card' visa granted to only one person so far, says Lutnick
Business Standard
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As of now, only one individual has been granted approval for the Gold Card visa program, which allows foreigners to obtain US residency for a fee of $1 million. Hundreds of other applications are currently under review, according to Commerce Secretary Howard Lutnick.
- 01Only one approval granted for the Gold Card visa program so far.
- 02The program requires a $1 million fee for US residency.
- 03Hundreds of applications are still under review.
- 04Applicants must pay a $15,000 processing fee.
- 05The program was launched in December under the Trump administration.
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Commerce Secretary Howard Lutnick announced that only one applicant has been approved for the Gold Card visa program, which allows foreigners to secure US residency for a fee of $1 million. Launched in December, the program aims to attract global talent to the United States. Lutnick testified before a US House committee, stating that applications from hundreds of additional foreigners are currently under review. Each applicant must undergo an extensive vetting process and pay a $15,000 processing fee. The identity of the approved applicant has not been disclosed, and the US Department of Homeland Security has not commented on the matter.
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The Gold Card visa program could significantly influence the US immigration landscape by attracting wealthy individuals and skilled professionals.
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