The administration of US President Donald Trump has begun implementing a controversial “gold card” residency programme.
The scheme allows individuals to obtain US residency in exchange for a substantial financial contribution.
Introduced through an executive order signed in September 2025, the programme opened applications in December. It offers residency to applicants willing to pay $1 million.
Officials confirmed that at least one applicant has already been approved.
Speaking before a congressional committee, Howard Lutnick said: “And there are hundreds in the queue” currently undergoing the application process.
Applicants must also pay a $15,000 processing fee to the Department of Homeland Security. Lutnick described the process as involving “most serious vetting and analysis.”
Corporate-sponsored applications are priced at $2 million. The administration argues that the scheme will attract wealthy investors and job creators.
Trump has suggested the initiative could also contribute to reducing the US national deficit.
The “gold card” programme was introduced alongside other immigration directives. These include an additional $100,000 annual fee on H‑1B skilled worker visas.
Since returning to office in 2025, Trump has pursued a tougher immigration stance. His policies have included stricter entry requirements and increased deportation raids across the country.
Critics say the residency scheme is shifting towards a wealth-based, instead of talent-based immigration, while supporters argue it could boost investment and economic growth.
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