President Donald Trump on Friday rolled out a version of his administration’s long-promised gold card, a $1 million fast-track for wealthy foreigners to live and work in the United States.
Commerce Secretary Howard Lutnick, in a call later with reporters, said the gold card will replace the current EB-1 and EB-2 visa programs for people who are of “exceptional value” to the United States. He said the administration expects to initially make 80,000 gold cards available but will continue to evaluate the model and could eventually phase out other visas.
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