Residence Permit for $1 Million: Guide & Requirements
- A website, trumpcard.gov, briefly went live offering expedited US residency permits through a tiered system of "Trump Cards," though it was later taken offline.The program appears to target...
- For individuals, the program outlines two primary card options.
- The program also features options for businesses looking to relocate or retain talent.
New “Trump Cards” Offer Expedited US Residence Permits – At a Important Cost
A website, trumpcard.gov, briefly went live offering expedited US residency permits through a tiered system of ”Trump Cards,” though it was later taken offline.The program appears to target both high-net-worth individuals and businesses seeking to quickly secure US residency for key employees.
Individual Residency Options
For individuals, the program outlines two primary card options. The “Trump Gold Card” requires an initial $15,000 registration fee, followed by a $1 million payment after vetting and approval, promising “record time” processing for a US residence permit.A second option, the “Trump Platinum Card,” carries a $15,000 registration fee and a considerably higher $5 million fee. Holders of the Platinum Card are granted the ability to spend up to 270 days in the US annually without being subject to US taxes on income earned from sources *outside* the United States.
Residency for Businesses and Employees
The program also features options for businesses looking to relocate or retain talent. The “Trump Corporate Gold Card” allows companies to secure US residency for employees with a “contribution” of $2 million, again promising expedited processing. Notably, the permit associated with this card is transferable to another employee for an additional fee equal to 5% of the initial contribution.
Beyond the initial $2 million, businesses are required to make an annual contribution of 1% to maintain the residency permit for their employee.This ongoing cost adds to the ample financial commitment required to participate in the program.
Marketing and Potential Implications
Marketing materials associated with the program, including a message from Donald trump on Truth Social, emphasize the ability for companies to “finally keep their invaluable talents” on board. This suggests a focus on attracting and retaining skilled workers, particularly those who might otherwise face challenges obtaining US residency through traditional channels. The program’s structure and pricing raise questions about accessibility and potential equity concerns, given the extremely high financial barriers to entry.
Disclaimer: This article is based on data available from the trumpcard.gov website and related public statements as of December 10, 2023. the website is currently unavailable, and the program’s future status is uncertain.
