Immigration Lawyers Warn Against Trump’s Gold Card Visa Program

The Donald Trump administration’s “Gold Card” visa program, which grants permanent residency to wealthy foreign nationals in exchange for high payments, is meeting resistance from legal professionals.

According to reporting from Asia Economy, immigration lawyers are currently advising their clients to refrain from applying for the program.

The “Gold Card” system is designed to provide a pathway to U.S. Permanent residency for overseas asset owners who pay significant sums of money.

The reaction to the initiative has been described as cold, with the immigration lawyers who typically facilitate these applications for high-net-worth individuals distancing themselves from the program.

In the business of residency-by-investment, immigration lawyers serve as the primary intermediaries between foreign investors and government agencies. The decision by these professionals to recommend against the “Gold Card” visa suggests a lack of confidence in the program’s viability or security for applicants.