US President Donald Trump has introduced new options for wealthy individuals to settle in the United States. These include the Gold Card and the proposed Platinum Card.
While the Platinum Card program is still in the planning stage, both are designed for high-net-worth individuals (HNIs). Here’s a breakdown of their features, application process, and key differences.
Note: Both Gold and Platinum Cards can be revoked in cases of national security concerns or failure to follow visa rules.
Since the Platinum program has not yet been launched, additional regulations may be announced later.
Trump Gold Card
The Gold Card is aimed at individuals who can contribute $1 million (₹880 crore) to the US treasury.
After completing a background check and receiving approval from the Department of Homeland Security, applicants may qualify for permanent residency under EB-1 or EB-2 visa categories.
EB-1 Visa: For people with exceptional abilities in science, arts, education, business, or athletics; also available to outstanding professors, researchers, or multinational executives.
EB-2 Visa: For individuals with a master’s degree or equivalent, generally requiring an employer-sponsored job offer.
Application process:
Visit the official website trumpcard.gov and complete the application form.
Pay a non-refundable processing fee.
Undergo a detailed USCIS background check.
After approval, the Trump Gold Card will be issued, valid across all 50 US states and territories.
Tax rules: Gold Card holders will be taxed like any other permanent resident or US citizen.
Corporate Gold Card
There is also a corporate version, where companies can sponsor employees by contributing $2 million per worker. If an employee leaves, the card can be reassigned to another staff member.
Trump Platinum Card
The Platinum Card program has not yet been rolled out, but it is expected to cost $5 million.
It will allow holders to stay in the US for up to 270 days each year.
Earnings made in the US during this period will be completely tax-free.
Cards will be issued on a first-come, first-served basis.
Gold or Platinum: Which is better?
Both cards are targeted at ultra-wealthy individuals, not average investors.
The Gold Card offers permanent residency but comes with normal US tax obligations.
The Platinum Card is five times more expensive, but in return, it offers tax-free US income and extended stay rights.
For HNIs, the choice depends on whether permanent residency with taxation (Gold Card) or limited stay with tax benefits (Platinum Card) is more attractive.
