US Election 2024

Trump Gold Card visa program to launch online within weeks, Lutnick says

U.S. Commerce Secretary Howard Lutnick announced on Wednesday that the Trump Gold Card, which allows any foreigner to purchase a visa for $5 million, will soon be available online. Lutnick made this statement during an interview with Axios co-founder Mike Allen at the Building the Future event.

President Donald Trump first introduced the Gold Card in March, describing it as a more sophisticated version of a green card that would offer a new path to citizenship for the most successful job-creating individuals from around the world. Lutnick revealed that a website called trumpcard.gov is expected to launch within a week, allowing interested individuals to register for the $5 million visa.

Lutnick shared an anecdote about a recent dinner in the Middle East where he promoted the Gold Card to around 400 attendees. He emphasized that the Gold Card would be a valuable asset for those with the financial means to invest in America’s future. While not everyone will be able to afford the Gold Card, Lutnick believes that it will attract individuals who can contribute to the country’s economy and pay off its debt.

He highlighted the benefits of having a contingency plan in place for those who may need to seek refuge in the United States in times of crisis. Lutnick projected that if 200,000 people purchase the Gold Card, it would generate $1 trillion in revenue, significantly benefiting the country.

Despite concerns about potential fraud and national security risks associated with the Gold Card, Lutnick assured that all applicants would undergo thorough vetting processes. He emphasized the positive impact that wealthy individuals could have on job creation, business growth, and tax revenue in America.

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Trump’s initiative to attract wealthy individuals to become U.S. citizens comes at a time when immigration policies are under scrutiny, and student loan debts are on the rise. The Gold Card program aims to bring economic prosperity and opportunities to the country while addressing immigration challenges.

Overall, the Trump Gold Card represents a unique approach to immigration and citizenship, offering a new pathway for affluent individuals to contribute to the American economy. As the program prepares to launch online, it will be interesting to see how it unfolds and its impact on the nation’s future.

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