Trump officializes residence visa that will cost $ 5 million

“For a $ 1 million payment to the United States Treasury, or if a corporation is sponsoring $ 2 million (these aspiring) will have access to a rapid visa process as part of this new gold card program,” said Trump assistant Will Scharf.

Next to Trump was a golden poster, in the shape of a giant size credit card, with his photo in the center.

H-1B visas have a determined duration of three years and extendable for up to six for foreigners sponsored by an employer.

Since his first term, Trump had been showing his intention to limit these work permissions to prioritize American labor.

The number of H1-B visa requests has increased significantly in recent years and has reached a peak approval in 2022 during the presidency of Democrat Joe Biden.

On the other hand, the rejection peak was recorded in 2018 during Trump’s first term in the White House.