In September 2025, former President Donald Trump introduced two groundbreaking immigration initiatives—the Trump Gold Card and the Trump Platinum Card—aimed at offering expedited U.S. residency to high-net-worth individuals. These programs are designed to attract foreign investment and talent, providing a streamlined path to U.S. residency in exchange for significant financial contributions.
Overview of the Trump Gold & Platinum Cards
Trump Gold Card
- Cost: $1 million (individual applicants); $2 million (corporate-sponsored applicants)
- Residency Type: Permanent residency (Green Card)
- Tax Implications: Subject to U.S. taxation on worldwide income
- Application Process: Submit a nonrefundable processing fee, undergo Department of Homeland Security (DHS) vetting, and make the required financial contribution
- Eligibility: Must be admissible to the U.S. and meet criteria for lawful permanent resident status
- Corporate Option: Corporations can sponsor employees by making a $2 million contribution per employee
Trump Platinum Card
- Cost: $5 million
- Residency Type: Semi-residency with extended stays
- Tax Implications: No U.S. tax on foreign income for up to 270 days per year spent in the U.S.
- Application Process: Similar to the Gold Card, with a nonrefundable processing fee and DHS vetting
- Eligibility: Must meet the same admissibility criteria as the Gold Card
Eligibility Criteria
Both the Gold and Platinum Cards are designed for individuals who can demonstrate the ability to provide substantial benefit to the United States. The programs are particularly appealing to high-net-worth individuals seeking to establish a presence in the U.S. Applicants must undergo a thorough vetting process by the DHS to ensure they meet all legal and security requirements.
Financial Requirements and Costs
- Trump Gold Card: Requires a $1 million contribution. Corporations can sponsor employees at $2 million per employee.
- Trump Platinum Card: Requires a $5 million contribution. This tier offers the advantage of extended stays without U.S. taxation on foreign income for up to 270 days annually.
Both programs involve a nonrefundable processing fee, and applicants should be prepared for additional costs related to legal and advisory services.
Tax Implications
- Gold Card Holders: Subject to U.S. taxation on worldwide income, similar to other permanent residents and citizens.
- Platinum Card Holders: Can reside in the U.S. for up to 270 days per year without being taxed on foreign income. However, the specifics of these tax benefits are pending further guidance from the IRS and Treasury Department.
Application Process
- Submit Application: Complete the application form on the official Trump Card website and pay the nonrefundable processing fee.
- DHS Vetting: Undergo a comprehensive background check conducted by the Department of Homeland Security.
- Approval and Contribution: Upon approval, make the required financial contribution to the U.S. Treasury.
- Issuance: Receive the respective card, granting the specified residency benefits.
Legal and Ethical Considerations
The introduction of these programs has raised questions about the legality and fairness of allowing wealthy individuals to purchase U.S. residency. Critics argue that these initiatives may undermine traditional immigration pathways and prioritize financial status over merit or need. Additionally, the potential for legal challenges exists, as immigration programs and associated fees typically require Congressional approval.
Global Impact and Criticism
While the programs aim to attract foreign investment, they have faced criticism for potentially favoring the wealthy over skilled immigrants and other aspirants seeking a fairer path to citizenship. The imposition of a $100,000 annual fee on H-1B visa applications further complicates the landscape, potentially deterring high-skilled foreign workers from pursuing opportunities in the U.S.
Final Thoughts
The Trump Gold and Platinum Card programs represent a significant departure from traditional U.S. immigration policies, offering expedited residency options for those with substantial financial means. While these initiatives may provide opportunities for wealthy individuals, they also prompt important discussions about the values and principles guiding U.S. immigration practices. Prospective applicants should carefully consider the financial, legal, and ethical implications before proceeding.
