President Donald Trump shared a close photo of the gilded card. (@realDonaldTrump via Truth Social)
Speaking at The White House, Trump also explained to reporters how funds generated from the initiative would provide a "tremendous amount of money."
"All funds go to the United States government," he said.
"Could be a tremendous amount of money. You will also be able to help people like this. Keep as an example just one example… it's somewhat like a green card, but with big advantages over a green card," he added.
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President Donald Trump speaks alongside Commerce Secretary Howard Lutnick, surrounded by posters showing the Trump Gold Card, in the Oval Office of the White House, Friday, Sept. 19, 2025, in Washington. (Alex Brandon/AP Photo)
Trump also wrote on Truth Social that month: "For far too long, we have had millions of Illegal Aliens pouring into our Country, and our Immigration System was broken."
"It is beyond time that the American People, and American Taxpayers, are benefiting from our LEGAL Immigration System."
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"We anticipate THE TRUMP GOLD CARD will generate well over $100 Billion Dollars very quickly," Trump wrote.
President Donald Trump holds the $5 million dollar Gold Card as he speaks to reporters while in flight on board Air Force One, headed to Miami, on April 3, 2025. (Mandel Ngan/AFP via Getty Images)
"This money will be used for reducing Taxes, Pro Growth Projects, and paying down our Debt," he added.
The Trump Gold Card is a visa for individuals who can provide substantial benefit to the United States, requiring a nonrefundable $15,000 processing fee and a $1 million gift after vetting, with expedited review once fees and documents are submitted, according to the TrumpCard.gov.
Another option, the Trump Corporate Gold Card, allows companies to sponsor one or more employees by paying a nonrefundable $15,000 DHS processing fee per employee and providing a $2 million gift after vetting, the website states. The program includes a 1% annual maintenance fee, a 5% transfer fee for switching sponsored employees, and potential additional State Department fees depending on individual circumstances.
Emma Bussey is a breaking news writer for Fox News Digital. Before joining Fox, she worked at The Telegraph with the U.S. overnight team, across desks including foreign, politics, news, sport and culture.
https://www.foxnews.com/politics/trump-announces-gold-card-immigration-initiative-here-today-live-applications