ESTABLISHING THE GOLD CARD: Today, President Donald J. Trump signed an Executive Order to create the Gold Card visa program, facilitating expedited immigration for aliens who make significant financial gifts to the United States.
- The Order directs the Secretary of Commerce, in coordination with the Secretaries of State and Homeland Security, to establish a āGold Cardā program.
- The program facilitates expedited immigrant visas for aliens donating $1 million individually or $2 million if paid for by a corporation or similar entity on behalf of an individual.
- The Order instructs that these gifts serve as evidence of exceptional business ability and national benefit, expediting adjudication consistent with legal and security concerns.
- The Order directs the Secretary of Commerce to deposit the gifts into the Treasury and use them to promote commerce and American industry.
- The Order requires the Secretaries to take all necessary and appropriate steps to implement the Gold Card program, including establishing application processes, fees, and potential expansions to other visa categories.
REFORMING IMMIGRATION FOR NATIONAL BENEFIT: This Order will realign Federal immigration policy with the Nationās interests and bring prosperity to America.
- The Biden Administrationās lax immigration policies enabled cartels, terrorists, and malign actors to exploit our borders, overwhelming our communities and forcing emergency declarations in border towns.
- The Biden Administration also permitted abuse of the refugee process, straining resources without regard for Americaās economic or security interests.
- The Gold Card prioritizes entry for high-value contributors to American society, including successful entrepreneurs, investors, and businessmen.
- By requiring substantial gifts, the program will generate revenue and provide certainty to immigrants who can make significant contributions to the American economy.
BUILDING AMERICAāS FUTURE: President Trump is working relentlessly to undo the disastrous policies of the Biden Administration to drive unprecedented investments to America.
- Early in his second term, President Trump proposed Gold Cards, a vision he is now delivering to attract wealthy investors and entrepreneurs.
- President Trumpās unwavering commitment to revitalizing American industry has spurred trillions of dollars in foreign investment pledges.
- Additionally, the Presidentās tough trade negotiations have led to massive deals for the United States, such as Japanās $550 billion investment commitment and the European Unionās $600 billion investment commitment to the United States.
- President Trumpās vision is supercharging economic growth and positioning the U.S. as the worldās premier hub for entrepreneurs and business.