The United States has approved only one applicant so far under President Donald Trump’s ‘Gold Card’ visa program. According to Commerce Secretary Howard Lutnick, the visa program will offer U.S. residency in exchange for a $1 million fee.Testifying before a US House committee on Thursday, Lutnick said the identity of the approved applicant was not disclosed. He said ‘hundreds’ of other applications were still under review, Bloomberg reported. According to him, all applicants will have to undergo ‘extraordinary scrutiny’ and pay a $15,000 processing fee before approval.The Trump administration began accepting applications for visas in December. The program is being promoted as a way to attract wealthy and skilled individuals to the United States by offering permanent residence in exchange for a substantial financial contribution.Lutnik said the initiative is aimed at bringing talent to the country, though he did not provide details on processing timelines or selection criteria.
