PANews reported on April 25 that U.S. Commerce Secretary Howard Lutnick confirmed at a congressional hearing that only one applicant has been approved so far for the Trump administration's "Gold Card" visa program. This program, intended as an alternative to the traditional EB-5 immigrant investor program, requires foreigners to pay at least $1 million for legal residency, work authorization, and ultimately citizenship in the United States.
It is worth noting that Lutnick had previously publicly stated that the Gold Card program had sold $1.3 billion worth of slots and projected that it would generate $1 trillion in revenue to alleviate the US fiscal deficit. However, at this hearing, he admitted that only one person has been officially approved so far, with hundreds more applicants in the review process.

