Only one person has been approved for US President Donald Trump’s “gold card” visa program so far, Commerce Secretary Howard Lutnick told a House committee on Thursday.
The US leader signed an order last September to create the program offering residency for a fee of $1 million. The programme started accepting applications in December.
“And there are hundreds in the queue” who are going through the process, Lutnick added.
Applicants must also pay a $15,000 processing fee to the Department of Homeland Security.

Credit: Politico
Lutnick said they would go through a “most serious vetting and analysis.”
The “gold card” residency program charges a $1 million fee for individuals and $2 million for sponsorships by corporations.
Its creation coincided with Trump’s order adding an annual $100,000 fee to H-1B skilled worker visas.
Trump initially said the new visa would bring in job creators and could be used to reduce the national deficit.
Since returning to the presidency in 2025, Trump has tightened immigration, and his administration has conducted deportation raids.
Trending 