Trump Gold Card Program Generates $1.3 Billion in Revenue

The Donald Trump administration launched the Trump Gold Card visa program on December 17, 2025, to attract high-skilled foreign talent and generate revenue for the U.S. Treasury to reduce national debt. The program provides an expedited residency pathway for non-U.S. citizens who pay a $1 million contribution and a $15,000 processing fee. A corporate version allows businesses to secure residency for employees via a $2 million contribution and a $15,000 fee, with options to transfer cards for a 5% fee and 1% annual maintenance charge.

By December 19, President Trump announced that the program had generated over $1.3 billion since applications opened on December 10. Commerce Secretary Howard Lutnick stated that the Gold Card system is intended to replace the existing EB-5 investor visa program. The initiative specifically targets graduates from elite universities and high-net-worth individuals.

This rollout coincides with a new $100,000 fee for H-1B visa applicants, though renewals and current holders are exempt. While the administration claims the new structure resolves flaws in the H-1B lottery system, several states have filed a lawsuit challenging the $100,000 fee, arguing it exceeds executive authority. Additionally, some immigration experts have questioned the program's legality and the lack of a clearly defined pathway to citizenship, suggesting that the program may still require Congressional approval to become law.