Gold Card program draws 338 requests and offers no faster visa processing
Updated
Updated · CNBC · May 8
Gold Card program draws 338 requests and offers no faster visa processing
11 articles · Updated · CNBC · May 8
A DHS court filing said only 165 applicants paid the $15,000 processing fee, despite December promises of approval in weeks and projections of 80,000 visas and $100bn revenue.
The filing undercuts a key selling point of Trump's $1m residency scheme and feeds a lawsuit arguing the executive-order programme unlawfully displaces EB-1 and EB-2 applicants.
Lawyers say wealthy clients remain cautious until courts or Congress validate the plan, while interest has shifted to the established EB-5 investor visa, which already offers residency through investment.
Why are wealthy immigrants choosing a risky investment over a $1 million government donation for a U.S. green card?
How does the Gold Card's security vetting compare to programs the U.S. itself has flagged as national security risks?