The Trump Gold Card, a new immigration option, offers a pathway to U.S. permanent residence for a $1 million investment, announced by immigration expert Aizada Marat. Applicants must first pay a nonrefundable fee of $15,000 for Department of Homeland Security (DHS) processing before contributing the million-dollar investment, which expedites their residency application under existing EB-1 or EB-2 categories.
Key Details:
- Initial fee: $15,000 nonrefundable for DHS processing.
- Investment requirement: $1,000,000 for expedited residency; $2,000,000 if sponsored by a corporation.
- Permanent residence issued through EB-1 or EB-2 categories, subject to visa availability and country backlogs.
- Current EB-1 priority dates: India and China at March 1, 2023; EB-2 backlogs for India around 2013-2014.
This new option primarily targets wealthy individuals with significant liquid capital who can provide clear documentation of their funds. However, it does not eliminate existing backlogs or the necessary national-security screening, raising questions about its effectiveness compared to traditional pathways.
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Source: Aizada Marat