Executive order

By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered:

Section 1. Purpose. My Administration has worked relentlessly to undo the disastrous immigration policies of the prior administration. Those policies produced a deluge of immigrants, without serious consideration of how those immigrants would affect America’s interests.

Most significantly, the prior administration permitted millions of aliens to enter the United States illegally, to the detriment of public safety, national security, and the rule of law. International cartels, transnational criminal organizations, terrorists, and foreign malign actors took advantage of those open borders policies. The prior administration also permitted abuse of the refugee process, swamping towns and cities with aliens and, in some cases, forcing them to declare emergencies to combat the crisis.

It is a priority of my Administration to realign Federal immigration policy with the Nation’s interests by ending illegal immigration and prioritizing the admission of aliens who will affirmatively benefit the Nation, including successful entrepreneurs, investors, and businessmen and women.

To advance that policy, I hereby announce the Gold Card, a visa program overseen by the Secretary of Commerce that will facilitate the entry of aliens who have demonstrated their ability and desire to advance the interests of the United States by voluntarily providing a significant financial gift to the Nation.

Sec. 2. The Gold Card. (a) The Secretary of Commerce, in coordination with the Secretary of State and the Secretary of Homeland Security, shall establish a “Gold Card” program authorizing an alien who makes an unrestricted gift to the Department of Commerce under 15 U.S.C. 1522 (or for whom a corporation or similar entity makes such a gift) to establish eligibility for an immigrant visa using an expedited process, to the extent consistent with law and public safety and national security concerns. The requisite gift amount shall be $1 million for an individual donating on his or her own behalf and $2 million for a corporation or similar entity donating on behalf of an individual.

(b) In adjudicating visa applications, the Secretary of State and the Secretary of Homeland Security shall, consistent with applicable law, treat the gift specified in subsection (a) of this section as evidence of eligibility under 8 U.S.C. 1153(b)(1)(A), of exceptional business ability and national benefit under 8 U.S.C. 1153(b)(2)(A), and of eligibility for a national-interest waiver under 8 U.S.C. 1153(b)(2)(B).