Core Viewpoint - The article discusses the launch of the "Trump Gold Card" program, which allows individuals to apply for U.S. residency and eventual citizenship by paying a fee, aiming to attract high-skilled foreign talent to the U.S. [3][10] Summary by Sections Introduction of the Trump Gold Card - The Trump Gold Card is introduced as a new immigration option that offers a pathway to U.S. residency and citizenship, with the potential to raise "tens of billions" in funding for positive initiatives in the U.S. [3][10] Application Fees and Requirements - Individuals must pay $1 million, while businesses must pay $2 million to obtain residency. An additional processing fee of $15,000 is required [5][6]. Comparison with Existing Programs - The Gold Card is designed to replace the traditional EB-5 investment immigration program, which requires a minimum investment of $1.8 million or $900,000 in economically distressed areas [3][10]. Future Plans: Trump Platinum Card - A future "Trump Platinum Card" is mentioned, allowing holders to reside in the U.S. for 270 days annually without paying taxes on non-U.S. income, requiring a $5 million payment for guaranteed citizenship [7]. Competitive Edge - The reduced fees for the Gold Card make it more competitive compared to similar programs in other countries, such as New Zealand's new "Golden Visa" program, which costs around $3 million [9]. Addressing Talent Retention - The program aims to retain high-skilled foreign graduates from U.S. universities, addressing the issue of talent loss as these individuals often return to their home countries after graduation [9]. Government Revenue - All fees collected through the Gold Card program will go to the U.S. government and be managed by the Treasury Department [10].

Core Viewpoint - The "Trump Gold Card" program has been officially launched, allowing applicants to gain legal status in the U.S. and eventually citizenship, with the potential to raise billions in funding for positive initiatives in the country [1][4]. Group 1: Program Details - The Trump Gold Card is similar to the traditional green card but is marketed as a superior option, requiring individuals to pay $1 million and businesses $2 million for residency [2]. - An additional processing and review fee of $15,000 is required for applicants [2]. - The program aims to attract high-skilled foreign students who graduate from U.S. universities, addressing the issue of talent retention in the country [3]. Group 2: Financial Aspects - The funds raised through the Gold Card program will be deposited into a government-managed account, with all fees going to the U.S. government [4]. - The program is expected to generate "tens of billions" in revenue, which will be used for beneficial projects in the U.S. [1]. Group 3: Competitive Landscape - The pricing of the Gold Card has been adjusted to make it more competitive compared to similar programs in other countries, such as New Zealand's Golden Visa, which costs around $3 million [3]. - The introduction of the Gold Card is seen as a strategic move to attract successful individuals to the U.S. while providing a legal pathway for residency [3].

Core Viewpoint - The "Trump Gold Card" program is introduced to replace the traditional EB-5 investment immigration program, allowing individuals and businesses to obtain U.S. residency and potential citizenship through financial contributions [1][5]. Group 1: Program Details - The Trump Gold Card requires individuals to pay $1 million and businesses $2 million to gain U.S. residency, along with an additional processing fee of $15,000 [3]. - After payment and approval from the Department of Homeland Security, applicants can quickly obtain U.S. residency [4]. - A future "Trump Platinum Card" is mentioned, allowing holders to reside in the U.S. for 270 days annually without paying taxes on non-U.S. income, requiring a $5 million payment for guaranteed citizenship [4]. Group 2: Financial Implications - Trump predicts that the program could raise "tens of billions" of dollars, which will be allocated to a special account for positive contributions to the U.S. [1]. - The program's pricing is seen as competitive compared to similar programs in other countries, such as New Zealand's new "golden visa" costing nearly $3 million [5]. Group 3: Talent Retention - The Gold Card program aims to address the issue of high-skilled foreign students leaving the U.S. after graduation, which is viewed as a loss of valuable talent [6]. - The initiative is expected to benefit U.S. companies by retaining skilled graduates who would otherwise return to their home countries [6].

Group 1 - The new regulation signed by President Trump increases the annual fee for H-1B visa applicants from several thousand dollars to $100,000, effective from September 21 [1][4] - Major tech companies like Amazon, Google, and Microsoft have advised their H-1B visa holders to remain in the U.S. and avoid international travel to prevent complications due to the new policy [2][4] - The H-1B visa program is crucial for U.S. tech companies, with Amazon alone having over 14,000 approved H-1B visas in the first three quarters of the fiscal year 2025 [2][8] Group 2 - The White House clarified that the new fee applies only to future applicants and does not affect current visa holders or those already in the lottery for 2025 [4][5] - The H-1B visa program has been a point of contention, with supporters arguing it brings in necessary talent while critics claim it depresses wages and affects local job markets [8][9] - Approximately 71%-72% of H-1B visas are issued to Indian nationals, making India the largest beneficiary of the program [9][10] Group 3 - The Indian government expressed concerns that the new fee could disrupt families and lead to humanitarian issues, urging the U.S. to address these challenges [10] - The Indian IT sector is expected to engage with U.S. counterparts to mitigate the impact of the new fee structure [9][10] - The introduction of a "golden card" program by Trump allows foreign nationals to obtain expedited visa processing by paying $1 million or having companies sponsor them for $2 million [11][12]

Group 1 - The introduction of the "Trump Gold Card" allows individuals to obtain U.S. residency by paying $1 million or $2 million through corporate sponsorship, significantly reducing the initial price from $5 million [2][4] - The "Trump Gold Card" program is expected to issue approximately 80,000 cards and is currently in a trial phase, with the potential to replace existing EB-1 and EB-2 visa categories [4][5] - The increase in H-1B visa fees to $100,000 aims to compel U.S. companies to hire domestic employees instead of foreign workers, which may lead to operational challenges for major firms reliant on skilled foreign labor [7][8] Group 2 - The proposed changes to immigration and visa policies reflect a shift in focus from attracting skilled talent to targeting high-net-worth individuals, which may undermine the competitiveness of U.S. industries [10] - The financial implications of these policies are significant, with the Trump administration projecting potential revenue increases in the hundreds of billions, although the actual effectiveness of these measures remains uncertain [9][10] - The current U.S. national debt stands at $36.7 trillion, and the fiscal strategies employed by the Trump administration, including tax cuts and increased tariffs, are projected to exacerbate the federal deficit in the coming years [10]

Group 1 - The "Trump Gold Card" program allows individuals to obtain U.S. residency by paying $1 million or $2 million through corporate sponsorship, significantly reducing the initial price from $5 million announced earlier this year [1][3] - The program is divided into three categories: the "Gold Card" for individuals, the "Platinum Card" for longer stays, and the "Corporate Gold Card" for companies sponsoring employees [3][4] - The introduction of the "Gold Card" effectively undermines the existing EB-1 and EB-2 visa programs, which were designed to attract skilled talent to the U.S. [4][5] Group 2 - The increase in H-1B visa fees to $100,000 aims to compel U.S. companies to hire domestic workers instead of foreign employees, particularly in tech and finance sectors [5][6] - Major U.S. companies like Amazon, Google, and Microsoft have been the largest users of H-1B visas, with a significant portion of visa holders coming from India [5][6] - The new fee structure may lead to a reevaluation of relationships between large corporations and the Trump administration, as companies face challenges in hiring skilled labor [6][7] Group 3 - Trump's economic policies, characterized by tax cuts domestically and increased tariffs internationally, are seen as attempts to address a growing fiscal deficit, which has reached $36.7 trillion [7][8] - The administration's focus on monetizing visas reflects a shift from attracting technical talent to prioritizing high-net-worth individuals, potentially compromising U.S. competitiveness [7][8] - The overall strategy may backfire, as the U.S. risks losing its appeal to global talent and wealthy individuals due to these aggressive policy changes [8]

Core Points - The Trump administration has introduced a new visa program called the "Trump Gold Card," aimed at attracting wealthy individuals to the U.S. by offering expedited residency for a fee of up to $5 million [1][3] - The program is expected to generate significant revenue for the U.S. government, with estimates suggesting it could raise over $100 billion [3] - The visa program includes different tiers, with the Gold Card costing $1 million and the Platinum Card costing $5 million, allowing holders to stay in the U.S. for up to 270 days without being taxed on foreign income [4] Visa Program Details - The Trump Gold Card requires a $1 million application fee, followed by a $1 million payment after a review by the Department of Homeland Security (DHS) [4] - Companies can obtain Gold Cards for employees at a cost of $2 million each, with the ability to transfer the card between employees [4] - The program's website is operational, allowing applicants to submit their information, although the exact issuance timeline remains unclear [4] Legal and Congressional Considerations - Immigration experts indicate that the new visa program may require congressional approval, as the president cannot create new visa categories without legislative authorization [5] - It is uncertain whether the Gold Card program will replace the existing EB-5 visa program, which currently has a lower investment threshold of $800,000 [5] - There are concerns that the program could face legal challenges due to its preferential treatment of wealthy applicants [5] Market Reactions and Policy Implications - The introduction of the Gold Card program coincides with the Trump administration's tightening of other immigration pathways, including increased fees for H-1B visas [6] - The new $100,000 fee for H-1B visas is expected to raise costs for tech companies hiring foreign workers, leading to negative market reactions, including declines in stock prices for IT consulting firms [6] - The administration's focus is shifting towards attracting top talent while limiting immigration from lower-skilled workers [6]