'Direct path to citizenship': Trump launches Gold Card, cites corporate demand — what it means

US President Donald Trump connected Wednesday unveiled what helium called the "Trump Gold Card," announcing that radical volition beryllium capable to use for Gold Card citizenship starting Wednesday afternoon.

In a station connected Truth Social, Trump promoted the caller migration pathway, saying, "THE UNITED STATES GOVERNMENT’S TRUMP GOLD CARD IS HERE TODAY! A nonstop way to Citizenship for each qualified and vetted people. SO EXCITING! Our Great American Companies tin yet support their invaluable Talent. Live Site opens successful 30 minutes!"

Speaking further astir the initiative, Trump said, "Very excitingly for maine and for the country, we've conscionable launched the Trump Gold Card.

The tract goes up successful astir 30 minutes, and each funds spell to the United States government... It's somewhat similar a greenish card, but with large advantages implicit a greenish card. Companies volition beryllium capable to spell to immoderate school, bargain a card, and support that idiosyncratic successful the United States... It's a acquisition to get idiosyncratic large coming into our country, due to the fact that we deliberation determination volition beryllium immoderate tremendous radical who different wouldn't person been allowed to stay.

They postgraduate from college, they person to spell backmost to India oregon China oregon France... The companies volition beryllium precise happy. I cognize Apple is going to beryllium happy. Nobody talked to maine much astir it than Tim Cook. He said it's a existent problem. And it's not going to beryllium a occupation anymore... The different happening is it'll instrumentality in, we think, astir apt billions of dollars that volition spell to the Treasury of the United States... Many billions of dollars, even."

Trump has antecedently spoken astir a Gold Card–style visa programme designed to pull affluent oregon highly skilled overseas nationals. The broader nonsubjective has been to bring apical endowment and important overseas concern into the United States by offering a faster pathway to residency.While afloat details of the recently announced Gold Card are inactive unclear, earlier proposals included important fiscal thresholds: idiosyncratic applicants were expected to donate $1 cardinal to the US Treasury, and corporate-sponsored applicants needed to lend $2 million, successful summation to a non-refundable $15,000 processing fee.A 3rd tier, the Platinum Card, had besides been proposed, allowing an idiosyncratic to walk up to 270 days a twelvemonth successful the US without becoming taxable to US taxation connected overseas income, successful speech for $5 million. It remains unclear whether this tier is portion of the existent rollout.