Summary
Starts a 'Gold Card' program that gives a faster visa process to people who give a large amount of money to the United States.
What problem does this solve?
Previous immigration policies allowed many people to enter the country illegally, which hurt public safety and national security. This order creates a new visa for wealthy people who can help the country's economy by making a large financial gift.
Who does this affect?
- Wealthy foreign investors and entrepreneurs
- U.S. businesses
- Federal immigration agencies
What does this order do?
Establishes the Gold Card program
Creates a new visa program called the 'Gold Card' to provide a faster immigration process for certain foreign nationals who make a large financial gift to the nation.
Requires a large financial gift
Requires a gift of $1 million from an individual or $2 million from a company sponsoring a person to be eligible for the Gold Card.
Uses gifts to promote American industry
Deposits all financial gifts into a special fund to be used by the Department of Commerce to help American businesses and trade.
Allows corporations to transfer status
Creates a process for a company that sponsored a Gold Card holder to give that status to a different person.
What is the real world impact?
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Creates a path for the wealthy to buy their way into the country
Critics might argue this program allows wealthy individuals to essentially purchase a visa, creating an unfair immigration system based on wealth rather than other factors like skill or need.
When does this start?
This order requires the Gold Card program to be created and put into action within 90 days of September 19, 2025.
Program implementation deadline
The Secretaries of Commerce, State, and Homeland Security must set up the Gold Card program within 90 days of the order's date.