"The Republican administration has officially opened applications for this document, which will serve as a fast track to immigration for obtaining residency and subsequently citizenship in the United States. Aimed primarily at wealthy foreigners, this new visa represents one of the most significant changes in legal immigration policy since the president began his second term, and comes amid a broader crackdown on nearly all other forms of entry into the country."
"The Gold Card was conceived by Trump and the White House as a mechanism to attract what they consider global talent, while seeking to generate substantial revenue for the U.S. government. Announced at the beginning of his second presidency, it was presented through a federal website but had not been activated until Wednesday. The administration describes the initiative as an improved and accelerated version of the traditional Green Card, which grants permanent residency to applicants."
"To begin the process, applicants must pay a non-refundable processing fee of $15,000. Once the Department of Homeland Security has reviewed and approved the application, applicants must contribute an additional $1 million, a payment that the administration considers evidence that they will substantially benefit the United States. The official website warns that some individuals may have to pay an extra amount, depending on their circumstances."
The administration opened applications for a Gold Card that fast-tracks residency and eventual citizenship for wealthy foreign investors and entrepreneurs. Applicants pay a non-refundable $15,000 processing fee and, after approval, must contribute $1 million as evidence of substantial benefit; companies sponsoring foreign workers must contribute $2 million per employee. The program aims to attract global talent and generate substantial revenue for the U.S. government while coinciding with stricter limits on other immigration paths. The administration promises expedited verification in most cases within weeks and cautions that some applicants may face additional fees depending on circumstances.
Read at english.elpais.com
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