Trump's '$1 Million Visa' Program Launches

A new U.S. visa program, dubbed the "gold card," is now active. It offers a direct path to legal residency and eventual citizenship for wealthy foreign investors. Announced by President Donald Trump on Wednesday, the program requires a minimum investment of $1 million per individual. Corporations must invest $2 million per foreign-born employee they wish to sponsor. The initiative fulfills a long-standing promise by the administration. It aims to attract significant capital and business investment into the United States. Proponents argue it will boost the economy. Critics often label such programs as "citizenship for sale," arguing they favor the global elite. The White House has not yet detailed specific application procedures or annual limits.