Trump's 'gold card' visa program sees only one approval since launch
Here's what it means for you.
The limited success of the 'gold card' visa program may impact foreign investment opportunities in the U.S.
What happened
Only one person has been granted Trump's 'gold card' visa since its introduction.
The Context
- The visa requires a payment of $1 million for permanent residency.
- Commerce Secretary Howard Lutnick confirmed the low approval rate.
- The program was expected to attract more foreign investors.
Takeaway
The low approval rate may prompt a reevaluation of the program's structure and marketing.
Insights by A47 Intelligence
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