Executive Order

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The Gold Card

AI Summary: This regulation establishes a new "Gold Card" immigration visa program that allows foreign individuals or corporations to obtain expedited immigrant visas by making substantial financial gifts to the Department of Commerce. Specifically, an individual can make a $1 million gift to receive an expedited visa, while a corporation can make a $2 million gift on behalf of an individual. The program aims to facilitate entry for immigrants who can demonstrate the ability to benefit the United States economically, with the gifts to be used to promote commerce and American industry. The program requires the Secretaries of Commerce, State, and Homeland Security to establish application processes, administrative fees, and screening procedures within 90 days of the order. Visa applicants will be evaluated based on their financial contribution, with consideration given to their potential business abilities and national benefit, while still maintaining public safety and national security screening protocols.