Trump ‘gold card’ visa granted to only one person, Lutnick says

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U.S. President Donald Trump, joined by Commerce Secretary Howard Lutnick (L), delivers remarks alongside a poster of the “Trump Gold Card” before signing an executive order in the Oval Office at the White House on September 19, 2025 in Washington, DC.U.S. President Donald Trump, joined by Commerce Secretary Howard Lutnick (L), delivers remarks alongside a poster of the “Trump Gold Card” before signing an executive order in the Oval Office at the White House on September 19, 2025 in Washington, DC. Photo by Andrew Harnik/Getty Images

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Only one person has been approved so far for Donald Trump’s “Gold Card” Visa program granting foreigners U.S. residency for a US$1 million fee, Commerce Secretary Howard Lutnick said Thursday.

Financial Post

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Lutnick didn’t reveal the identity of the applicant who had been approved. He said in testimony to a U.S. House committee that applications for the visa from “hundreds” more foreigners are under review.

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Applicants must go through “an extraordinary vet” and must pay a US$15,000 processing fee, he said.

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The Trump administration began accepting applications for the visa in December.

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The president has promoted the Gold Card visa program as a critical way of attracting talent to the U.S. Visa recipients pay US$1 million to receive U.S. residency.

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The U.S. Department of Homeland Security didn’t immediately respond to a request for comment.

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With assistance from Emily Birnbaum

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