By Travis Gillmore
WASHINGTON—President Donald Trump launched an immigration Gold Card and announced $100,000 fees for H-1B visa applicants, with executive orders he signed in the Oval Office on Sept. 19.
He said the orders will “reduce our taxes greatly and hopefully bring some great people into our country.”
Foreigners eligible for permanent resident status and interested in a Gold Card will pay an unspecified, nonrefundable processing fee, undergo comprehensive vetting by the Department of Homeland Security, and pay a $1 million contribution to receive expedited U.S. residency.
Those selected for inclusion in the program will receive EB-1 or EB-2 visas, as determined by the background review. All visas, including the Gold Card, are revocable based on national security risks and other criminal activity.
A Corporate Gold Card is available for $2 million per worker for corporations to sponsor employees. Businesses can switch out the individual sponsored by the card after respective security reviews are complete.
Annual maintenance fees and transfer fees apply, with details still undetermined.
As appropriately determined by the Department of Homeland Security and subject to availability, an applicant receives lawful permanent resident status as an EB-1 or EB-2 visa holder.
Trump Platinum Cards, which have not been released, will be available for a $5 million donation, plus processing fee, after security vetting is complete, and will provide cardholders with 270 days of annual visitation to the United States with no taxes due on non-U.S. income.
The application window is open for the Platinum Card, and applicants will be processed as they are received.
Howard Lutnick, secretary of commerce, said the program will prove successful because it is focusing on specialized workers and expects the system to bring in more than $100 billion in revenue.
“They’re going to spend a lot of money to come in,” he said. “They’re going to pay, as opposed to walking over the borders.”
Will Scharf, White House staff secretary, said the nation will benefit while providing opportunities for those with exceptional skills.
“It will set up a new pathway, new visa pathway, for people with extraordinary ability who are committed to supporting the United States,” he said during the event.
Another order signed during the ceremony also addressed legal immigration.
The directive is meant to prioritize American workers and limit the flow of legal immigration, according to the president.
“It’s not going to take jobs,” Trump said during the signing ceremony.
“They’re really investing in jobs.”
Secretary of Labor Lori Chavez-Remer is directed to reformulate wage levels in worker visa programs by increasing the rates to prevent competition with domestic workers.
The move follows the passage of legislative policies that sought to mitigate the impact of illegal immigrants on U.S. labor markets by increasing asylum application costs, among other changes.
