Trump Gold Card Visa Program Faces Low Applicant Numbers Amid Legal Challenges
Trump Gold Card visa program struggles with shockingly fewer applicants; numbers revealed
Hindustan Times
Image: Hindustan Times
The Trump administration's Gold Card visa program has seen only 338 applications since its launch, with just 165 paying the $15,000 fee. This is significantly lower than the projected 80,000 applications, raising concerns about its viability and facing legal challenges that may deter potential investors.
- 01Only 338 applications received for the Gold Card visa program.
- 02Just 165 applicants have paid the $15,000 processing fee.
- 03The program was projected to generate over $100 billion in revenue.
- 04Legal challenges are causing uncertainty and hesitancy among potential applicants.
- 05The initiative aims to attract wealthy investors while tightening other immigration pathways.
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The Trump administration's Gold Card visa program, aimed at attracting wealthy foreign nationals to invest in the United States, is struggling with low participation rates. As of now, only 338 applications have been submitted, with just 165 applicants paying the $15,000 processing fee. This starkly contrasts with earlier projections from officials like Commerce Secretary Howard Lutnick, who anticipated around 80,000 applications and potential revenues exceeding $100 billion. Legal challenges, including a lawsuit from the Affirmative Litigation Democracy Defenders Fund, have raised concerns about the program's legality, further complicating its rollout. The initiative, part of a broader immigration strategy, has also faced public confusion regarding its nature, highlighted by misstatements from celebrities. These factors contribute to a hesitancy among potential applicants, undermining the program's intended goals.
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The low uptake of the Gold Card program may limit potential investments in the U.S., affecting economic growth and job creation.
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