{"id":1291372,"date":"2025-02-28T12:28:45","date_gmt":"2025-02-28T06:58:45","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1291372"},"modified":"2025-02-28T12:29:34","modified_gmt":"2025-02-28T06:59:34","slug":"us-firms-allowed-to-hire-indians-under-gold-card-visa-costing-rs-40-crore","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/us-firms-allowed-to-hire-indians-under-gold-card-visa-costing-rs-40-crore\/","title":{"rendered":"US Firms Allowed To Hire Indians Under Gold Card Visa Costing Rs 40 Crore"},"content":{"rendered":"\n<p>In order to significantly benefit Indian graduates and investors, recently the US President Donald Trump has <a href=\"https:\/\/timesofindia.indiatimes.com\/world\/us\/we-want-productive-people-donald-trump-says-us-companies-can-hire-indians-under-gold-card-program\/articleshow\/118590923.cms\">announced<\/a> a new visa program that will offer a &#8220;gold card&#8221; with a potential pathway to US citizenship for $5 million.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/02\/Untitled-design-15-1280x720-1-1024x576-1.jpg\" alt=\"US Firms Allowed To Hire Indians Under Gold Card Visa Costing Rs 40 Crore\" class=\"wp-image-1291388\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/02\/Untitled-design-15-1280x720-1-1024x576-1.jpg 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/02\/Untitled-design-15-1280x720-1-1024x576-1-300x169.jpg 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/02\/Untitled-design-15-1280x720-1-1024x576-1-768x432.jpg 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>US Launching Gold Card To Earn US Citizenship&nbsp;<\/strong><\/p>\n\n\n\n<p>This initiative is expected to generate significant revenue, which is set to replace the existing EB-5 visa program, according to Trump.<\/p>\n\n\n\n<p>This appears to be a new opportunity for Indian graduates, Trump said while speaking about this program at his first cabinet meeting of his second term on Thursday,&nbsp;<\/p>\n\n\n\n<p>Besides this the new program would allow American companies to hire Indian graduates from US universities, Trump said.<\/p>\n\n\n\n<p>Further highlighting that the current immigration policies have prevented skilled professionals, particularly from India, from staying in the country after completing their education.<\/p>\n\n\n\n<p>Trump said, \u201cA person comes from India, China, Japan, lots of different places, and they go to Harvard, the Wharton School of Finance&#8230; They are making job offers, but the offer is immediately rescinded because you have no idea whether that person can stay in the country.&#8221;&nbsp;<\/p>\n\n\n\n<p><strong>Wanting Productive People&nbsp;<\/strong><\/p>\n\n\n\n<p>Moving ahead, he acknowledged that many of these graduates return to their home countries and become successful entrepreneurs.&nbsp;<\/p>\n\n\n\n<p>While pointing out the economic loss for the US, Trump said, &#8220;They go back to India, or they go back to the country where they came from, and they open up a company, and they become billionaires. They&#8217;re employing thousands of people.&#8221;<\/p>\n\n\n\n<p>&#8220;We have to be able to get people in the country, and we want people that are productive people,&#8221; he added.<\/p>\n\n\n\n<p>So far, there are several countries around the world that have citizenship or residency-by-investment programs.&nbsp;<\/p>\n\n\n\n<p>For instance, European countries like Portugal offer &#8220;golden visas,&#8221; granting permanent residency to foreigners who invest at least \u20ac500,000 ($524,000) in a qualifying fund.<\/p>\n\n\n\n<p><strong>Meant For Revenue Generation<\/strong><\/p>\n\n\n\n<p>According to Trump, the gold card visa is a potential source of income for the US.<\/p>\n\n\n\n<p>Further adding, &#8220;If we sell a million, that\u2019s $5 trillion dollars,&#8221; this revenue could help in reducing national debt.<\/p>\n\n\n\n<p>This program is meant to replace the EB-5 visa, which currently grants residency to investors who invest at least $1 million in businesses that create jobs.&nbsp;<\/p>\n\n\n\n<p>Further, Trump claims that the gold card will attract wealthy individuals who will contribute to the US economy.<\/p>\n\n\n\n<p>He said, &#8220;They&#8217;ll be wealthy, and they&#8217;ll be successful, and they&#8217;ll be spending a lot of money and paying a lot of taxes and employing a lot of people, and we think it&#8217;s going to be extremely successful.&#8221;&nbsp;<\/p>\n\n\n\n<p>Moving ahead, expressing the confidence in the demand for the new visa, Trump said, &#8220;I happen to think it\u2019ll sell like crazy. It\u2019s a market. But we\u2019ll know very soon.&#8221;<\/p>\n\n\n\n<p>In the meantime, Congress determines qualifications for US citizenship, but interestingly, the president said that the &#8220;gold cards&#8221; would not require congressional approval.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In order to significantly benefit Indian graduates and investors, recently the US President Donald Trump has announced a new visa program that will offer a &#8220;gold card&#8221; with a potential pathway to US citizenship for $5 million. US Launching Gold Card To Earn US Citizenship&nbsp; This initiative is expected to generate significant revenue, which is [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":1291388,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[565],"class_list":["post-1291372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-cognizant"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US Firms Allowed To Hire Indians Under Gold Card Visa Costing Rs 40 Crore - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/us-firms-allowed-to-hire-indians-under-gold-card-visa-costing-rs-40-crore\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US Firms Allowed To Hire Indians Under Gold Card Visa Costing Rs 40 Crore - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"In order to significantly benefit Indian graduates and investors, recently the US President Donald Trump has announced a new visa program that will offer a &#8220;gold card&#8221; with a potential pathway to US citizenship for $5 million. 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