Trump sells U.S. residency for $1 million

ChainCatcher news, according to Jinshi reports, U.S. President Trump signed an executive order on the 19th called the "Golden Card," stating that it will open a new visa pathway for "foreigners with extraordinary abilities who are willing to support the United States": individuals can pay $1 million to the U.S. Treasury, or be sponsored by a business to pay $2 million, to obtain expedited visa treatment through this "Golden Card" program.

Trump stated on social media that the U.S. immigration system is in urgent need of reform, and it is expected that the "Trump Gold Card" will soon generate revenue exceeding $100 billion. This funding will be used for tax cuts, economic growth projects, and repaying national debt.

In another post, Trump wrote, "Buy the Trump Gold Card now," and linked to a government website. According to the relevant website, after passing the review and paying the associated fees, applicants can obtain the "Trump Gold Card" for $1 million, thereby gaining permanent residency status.