Washington: The United States on Thursday introduced a new immigration pathway called the gold card programme, offering wealthy foreign nationals a fast track to American residency in exchange for a one million dollar contribution to the government.

President Donald J. Trump formally launched the scheme as part of his administration’s wider immigration overhaul. Officials said the programme is designed to attract high net worth individuals who can bring economic benefit to the country at a time when the overall immigration system is becoming more restrictive.

Under the plan, applicants must first pay a fifteen thousand dollar processing fee and clear a background check. They must then make a one million dollar contribution described by the government as a gift. Once approved, they may

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