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Trump sells US residency for $1 million

Trump sells US residency for $1 million

CointimeCointime2025/09/20 10:39
By:Cointime

On September 20th, news came that on the 19th, US President Trump signed an executive order called the "Golden Card", stating that it will open a new visa channel for "foreigners with extraordinary abilities and willing to support the United States": individuals who pay $1 million to the US Treasury, or have a company sponsor pay $2 million, can obtain expedited visa treatment through this "Golden Card" project. Trump said on social media that the US immigration system urgently needs reform, and it is expected that the "Trump Gold Card" will soon bring in far more than $100 billion in revenue. This funding will be used for tax cuts, projects to promote economic growth, and to repay national debt. In another post, Trump wrote, "Buy the Trump Gold Card now," and linked to a government website. According to the website, after passing the review and paying the relevant fees, applicants can obtain the "Trump Gold Card" with $1 million, thereby obtaining permanent residency status. (Jinshi)

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