Trump Platinum Cards offer high net worth foreign nationals exclusive paths to U.S. residency and citizenship (Photo: File)
The Trump administration has brought in a fresh policy for residency in the US with their Gold Card visa initiative, which would be exclusively for foreign professionals with high net worth. This visa initiative would cater to those individuals who are prepared to invest a substantial amount of funds in the US.
Alongside this visa, a Platinum Card visa initiative is in development, which would provide further benefits to foreign nationals who fall in the ultra-rich category. This comes after an increase in H-1B visa application fees.
This will be a new, higher-level residency visa that costs $5 million. With this visa, applicants are able to stay in the U.S. for as many as 270 days per year without paying taxes on foreign income. This card has not yet been available, but a waiting list for applicants to register their interest in it as soon as it becomes available can be accessed from the site.
The Platinum Card has a $5 million minimum contribution, as well as a $15,000 processing fee. “There is no assurance that the Platinum Card contribution will remain at $5 million, so you should join the wait list now,” as indicated in their website.
The Platinum Card provides extended residency, tax exemption for foreign income sources, and visa-free travel. Unlike The Gold Card, which provides benefits for citizenship, The Platinum Card aims to provide the highest benefits for extremely wealthy foreign nationals in terms of flexibility, staying periods and monetary benefits.
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The Trump Gold Card is a luxury residency visa for foreign individuals. The Trump Gold Card offers a direct way for foreign individuals to gain citizenship in the USA. The Trump Gold Card has a replica where it displays President Trump's signature, the American flag, the Statue of Liberty, as well as a bald eagle, which represents prestige.
The Trump Gold Card takes advantage of foreign individuals who are extremely qualified as it offers a direct way for foreign individuals to gain a U.S. residency in a record-breaking timeframe.
A processing fee of $15,000 is charged to the applicants, followed by a $1,000,000 contribution. Thereafter, their background check and interview are successful and quickly, they are able to secure their U.S. residency.
The card aims at EE-1 and EE-2 visa types, which are work-related visas for individuals of exceptional ability and advanced-degree holders. Trump explains how this initiative retains bright minds from leaving the country for their homeland, which benefits businesses in the U.S.
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| Feature | Gold Card | Platinum Card |
|---|---|---|
| Cost | $1 million | $5 million |
| DHS Processing Fee | $15,000 | $15,000 |
| Residency Duration | Path to citizenship | Up to 270 days/year |
| Tax Benefits | Standard U.S. taxation | Exemption on non-U.S. income |
| Visa Type | EB-1 & EB-2 | Non-EB, residency-focused |
| Launch Status | Active | Upcoming, waitlist available |
President Trump underscored that it was important for the U.S. to retain world-class talents. This, he pointed out, would involve individuals leaving for India, China or France. President Trump noted that with the Gold Card, businesses would be able to retain their best talents, which would also make billions of dollars for the U.S. treasury. He also cited support from businessmen like Tim Cook of Apple.
Disclaimer: This article is for informational purposes only and does not constitute legal or financial advice on U.S. immigration or visa programs.
