US President Donald Trump announced a new immigration initiative on Wednesday (27) that could significantly benefit Indian graduates from American universities. The ‘gold card’ visa program, introduced during Trump’s first Cabinet meeting, offers a pathway to US citizenship for wealthy foreign investors willing to invest $5 million.
Additionally, it allows American companies to recruit top-tier international graduates without the uncertainty surrounding visa approvals.
During his Cabinet meeting, Trump expressed optimism about the success of the gold card system, saying he hoped the program would “sell like crazy.” He highlighted how talented graduates from prestigious institutions such as Harvard, Yale, and Wharton often face difficulties staying in the US due to existing immigration restrictions.
“A person comes from India, China, Japan – lots of different places – and they go to Harvard, the Wharton School of Finance, they go to Yale, they go to all great schools, and they graduate number one in their class. They receive job offers, but the offers are immediately rescinded because you have no idea whether or not that person can stay in the country,” Trump stated, as reported by ANI.
To resolve this issue, Trump introduced the gold card system, which allows companies to purchase gold cards to retain skilled international graduates.
“I want to be able to have that person stay in the country. These companies can go and buy a gold card, and they can use it as a matter of recruitment. At the same time, the company is using that money to pay down debt – we are going to pay down a lot of debt with that. And I think the gold card is going to be used not only for that. I mean, they will be used by companies,” Trump added.
The gold card visa is being positioned as a dual-purpose tool to enhance the US economy while reforming immigration policies. By allowing companies to purchase Read More….