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TRUMP SIGNS ORDER TO SELL U.S. RESIDENCY: $1M ‘GOLD CARD,’ $5M TAX-FREE ‘PLATINUM’ VIA EB-1/EB-2

Axios|Sep 19, 2025
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President Trump signed an executive order launching a fee-based residency scheme: a $1M “Gold Card” and a $5M tax-advantaged “Platinum Card,” conferring green cards via EB-1/EB-2. Commerce projects $100B in revenue, but experts question statutory authority to “sell” visas and foresee litigation and IRS/tax complications. Demand and implementation—plus court challenges—are the key variables to watch.

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POLICY COURTS

TRUMP SEEKS SUPREME COURT OK TO END TPS FOR 300,000 VENEZUELANS AS 9TH CIRCUIT BLOCKS DHS MOVE

The administration asked the Supreme Court to stay a lower court order and allow DHS to end Temporary Protected Status for Venezuelans while appeals proceed. Judge Edward Chen previously ruled the termination unlawful, and the 9th Circuit declined to stay his decision. Roughly 300,000 Venezuelans could lose deportation protections and work authorization if the stay is granted. DHS has also moved against TPS for other nationalities, signaling wider legal battles.

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