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Only one person has been granted Trump’s $1 million ‘gold card’ despite promises it would rake in $1 trillion

8 0
24.04.2026

Only one person has been granted Trump’s $1 million ‘gold card’ despite promises it would rake in $1 trillion

President Donald Trump’s “gold card” visa, where a foreigner can shell out at least $1 million to legally live and work in the U.S., has been approved for one person, said Commerce Secretary Howard Lutnick Thursday — appearing to fall a bit short of an earlier claim.

After it launched in December, Lutnick said that the government had sold $1.3 billion “worth” in just several days, as Trump stood by holding up the gilded ticket and said, “essentially it’s the green card on steroids.”

Lutnick did not address the apparent discrepancy in an exchange with a congresswoman at Thursday’s committee hearing.

Trump pushed the idea last year, initially suggesting a cost of $5 million, and arguing that it would entice foreign talent to U.S. shores and fill out........

© Fortune