Trump Gold Card

Last updated

Trump Card
Trump Card.svg
The card displayed on the official website depicting his 2016 inaugural portrait.
TypeProposed
Cost$1,000,000 or $2,000,000
Website trumpcard.gov OOjs UI icon edit-ltr-progressive.svg

The Trump Gold Card is proposed type of investor visa leading to a residency permit for the United States, announced by United States president Donald Trump, that would allow investors a fast track path to residency and citizenship if they donate at least $1 million USD to the government. [1]

Contents

On June 12, 2025, Trump posted on Truth Social that "more than fifteen thousand have signed up and joined the Waiting List." [2] By June 16, Commerce Secretary Howard Lutnick announced that almost 70,000 people had joined the waitlist. [3]

Policy experts have argued that similar programs have been attempted in other countries, such as Spain, Malta, and the UK, but have been ended due to concerns on increased housing costs, issues of national security, and money laundering. [4]

On September 19, 2025, Trump signed Executive Order 14351, directing the Secretary of Commerce to establish the Gold Card. A donation to the Department of Commerce of $1 million for an individual, or $2 million for a corporation or on behalf of a person is required to establish eligibility for the Gold Card. [5] [6]

Platinum Card

The proposed Trump Platinum Card would allow holders to spend up to 270 days in the United States without being liable for federal income tax on income earned outside the US. [1] The September 2025 executive order did not mention the Platinum Card. [1] There are constitutional questions about the executive authority for this kind of change to immigration and tax law without express approval from the US Congress. It is unclear what would happen to the US federal taxability of a Gold Card holder's non-US income if the holder becomes a US citizen. [7] [8] [9] [10] [11] [12] [13] [14] [ excessive citations ]

References

  1. 1 2 3 Frank, Robert (September 26, 2025). "The global wealthy are lining up for Trump's $1 million Gold Card after price cut". CNBC. Retrieved October 27, 2025.
  2. ↑ Venugopal Ramaswamy, Swapna. "Trump:15,000 foreigners sign up to pay $5 million for US residency, path to citizenship". usatoday.com.
  3. ↑ Rogers, Alex (June 17, 2025). "Howard Lutnick hails Donald Trump's $5mn investor visa as almost 70,000 apply". Financial Times. Retrieved June 18, 2025.
  4. ↑ Smith, Tovia (June 2, 2025). "Trump's $5 million Gold Card offers the rich a fast lane to residency". NPR. Retrieved June 25, 2025.
  5. ↑ "The Gold Card". Federal Register. September 24, 2025. Retrieved October 9, 2025.
  6. ↑ "Update from Tyler Pager". September 19, 2025. Retrieved September 19, 2025.
  7. ↑ Guerra, Gil (March 14, 2025). "Trump's Gold Card Visa, Explained". Aol. Retrieved March 17, 2025.
  8. ↑ Mac, Ryan; Aleaziz, Hamed (April 16, 2025). "Musk's Team Is Building a System to Sell 'Gold Card' Immigrant Visas". The New York Times– via NYTimes.com.
  9. ↑ Ramaswamy, Swapna Venugopal. "For world's wealthy, a 'gold card' path to American citizenship is almost here". USA TODAY.
  10. ↑ Schultz, Abby. "Get Your $5 Million 'Gold Card' Visa. It's on Sale Soon". barrons.
  11. ↑ Crisp, Elizabeth (April 4, 2025). "Donald Trump shows off new $5M "gold card" investor visa". The Hill.
  12. ↑ "Trump unveils first $5 million 'gold card' visa". France 24. April 4, 2025.
  13. ↑ Miller, Daniel (April 4, 2025). "Trump reveals 'gold card' $5M immigration pathway with his face on it". FOX TV Stations.
  14. ↑ Lapowsky, Issie (April 17, 2025). "Trump's "Gold Card" Immigration Grift Might Actually Be Happening". Vanity Fair.
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