Trump Launches $1 Million Visa Program

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Welcome to The Logoff: Donald Trump is continuing to remodel America’s immigration system with the launch of a $1 million visa.

What happened? On wednesday, Trump announced the launch of the “Trump Gold Card,” a new category of expedited visa that includes a $1 million fee, or “gift,” as “evidence that the individual will substantially benefit the United States.” The new program also includes a “corporate Gold Card” with a $2 million fee, and a not-yet-available “Platinum Card” for $5 million.

Recipients of the “Gold Card” will recieve permanent resident status in the US, also known as a green card.

What’s the context? Trump previewed this as early as february,suggesting the cost might be $5 million. The “Gold Card” isn’t the only way Trump is attempting to monetize the American immigration system; in September, he attached new requirements to immigration bonds, potentially increasing costs for applicants.