EO 14351
The Gold Card
ImmigrationEconomy & Trade
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Summary
This executive order establishes the 'Gold Card' visa program, which allows foreign nationals who make substantial financial gifts to the Department of Commerce ($1 million for individuals, $2 million for corporations) to obtain expedited immigrant visas. The program is intended to prioritize admission of individuals who demonstrate economic benefit to the United States.
Key Points
- 1Creates a new visa category requiring unrestricted financial gifts to the Department of Commerce as evidence of eligibility for immigrant visas
- 2Gift amounts are $1 million for individual applicants and $2 million for corporate sponsors, with funds deposited in the U.S. Treasury for commerce promotion
- 3The Secretaries of Commerce, State, and Homeland Security must establish application processes, fees, and implementation procedures within 90 days
- 4Allows gift transfers between individuals when sponsored by corporations, with the original gift considered evidence of business ability and national benefit
- 5Program operates within existing visa number limits established by immigration law
This summary is for informational purposes only. It may not capture all nuances of the executive order. Always refer to the official text for authoritative information.
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