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Trump's "Gold Card" opens for applications, $1 million for U.S. residency
This news has a significant impact on high-net-worth individuals.
On September 20, the Trump administration's "Gold Card" program officially opened for applications, replacing the original EB-5 investment immigration. The individual version requires a review by the Department of Homeland Security and a deposit of $1 million, while the corporate version requires each employee to donate $2 million. There is also a platinum card, which requires a deposit of $5 million, allowing one to stay in the U.S. for 270 days, with overseas income being tax-exempt.
Compared to EB-5, this is more straightforward, as the investment amount is directly linked to residency rights, eliminating the hassle of investing through regional center projects. The threshold has indeed been significantly raised, clearly aiming to attract true "elite" immigrants.
On September 20, the Trump administration's "Gold Card" program officially opened for applications, replacing the original EB-5 investment immigration. The individual version requires a review by the Department of Homeland Security and a deposit of $1 million, while the corporate version requires each employee to donate $2 million. There is also a platinum card, which requires a deposit of $5 million, allowing one to stay in the U.S. for 270 days, with overseas income being tax-exempt.
Compared to EB-5, this is more straightforward, as the investment amount is directly linked to residency rights, eliminating the hassle of investing through regional center projects. The threshold has indeed been significantly raised, clearly aiming to attract true "elite" immigrants.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
