Immigration Lawyers Skeptical of President Trump's Gold Card Visa Program
Immigration attorneys are expressing skepticism about President Trump's 'Gold Card' visa program, which is designed to attract wealthy foreigners by offering a visa in exchange for a significant financial investment. The program, which requires a $15,000 application fee and a $1 million or $2 million investment, is being criticized for its legal uncertainties and lack of congressional backing. Lawyers, including Michael Wildes, who has represented Melania Trump, are advising clients against participating due to the program's dubious legal standing and potential tax implications. The program has seen limited uptake, with only 59 out of 338 applicants moving forward after paying the fee. The initiative is not widely discussed among immigration professionals, and there is little interest from lawmakers in formalizing it into law.