US President Donald Trump on Thursday unveiled the new ‘Gold Card’ visa, a pathway that allows foreign nationals to obtain permanent-resident status by donating $1 million to the US Treasury. The White House has opened online applications, framing the initiative as a fast-track route for individuals and a major new tool for companies aiming to retain high-skilled foreign workers.

Calling it “somewhat like a green card, but with big advantages over a green card," Trump said the programme would enable corporations to sponsor and keep talent graduating from top institutions. “Companies are going to be able to go to the Wharton School of Finance, Stern Business School, Harvard, MIT… and you’re able to buy a card and keep that person in the United States," he said, adding that firms such as Ap

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