Trump Gold Card Sparks Abuse Warning Over Potential for Cartel and Oligarch Exploitation
President Trump’s new “Gold Card” visa program, offering U.S. residency for a $1 million investment, has drawn criticism and accusations of potential abuse. The program allows wealthy foreigners and corporations to expedite their path to residency through contributions to the Commerce Department. The administration anticipates issuing approximately 80,000 Gold Cards, replacing existing visa categories and including a “Platinum Card” option. Critics, including Senator Dick Durbin, have labeled the plan illegal and a potential pathway for those who are wealthy, but not necessarily contributing to the US. The program is likely to face legal challenges.
John Q. Hosedrinker