US President Donald Trump has signed an executive order introducing the new “Gold Card” visa . Under this scheme, individuals aspiring to settle in the United States can obtain the visa by paying \$1 million (approximately ₹8.8 crore). For business purposes, the required amount is set at \$2 million.
According to financial experts, the Gold Card visa is considered equivalent to a Green Card or even US citizenship in terms of benefits. Holders of this visa will not face the usual hurdles of the immigration process, making entry into the US much easier.
The Gold Card provides direct access to work authorization and tax benefits, ensuring a smoother path for wealthy applicants. By removing bureaucratic barriers, this policy is seen as a fast-track option for high-net-worth individuals seeking residency in the US, while also boosting American investments and economic growth.
