US Gold Card: After H -1B Visa Fee Hike, the new map of Trump draws a sharp rise in the applicants of the American Dream – ‘Interest has risen since revisions’ – The Times of India

The new Gold Card program from Donald Trump, who offers a fast-track route to the American residence, has aroused the growing interest in Indians who pursue the American dream, especially after his administration has increased H-1B visa costs to $ 100,000.The Gold Card, signed by an executive order on 19 September, requires a non-residual “gift” of $ 1 million to the American treasury, or $ 2 million through business sponsorship. In contrast to the EB-5-investor visa, the scheme is positioned as a contribution to “American industry and trade”.Immigration companies say that demand has risen considerably since the H-1B overhaul. “The interest rate has risen sharply since the H-1B revisions,” said Sahil Nyati, founder of Consultancy Jinee Green Card & Meritmap.ai, and notes that most questions are from Midden-Career-Technical Professionals in their 1930s and 40s with stemen backgrounds.The Golf follows Trump’s movement to increase H-1B visa costs to $ 100,000, a steep jump of the earlier $ 2,000-$ 5,000 reach. Indians, who are responsible for the largest share of H-1B applicants, are among the most difficult affected.“In our own practice, conversations that refer to the Gold Card this week are about 40% compared to a normal week, mainly of persons who are originally considering H-1B or EB-5,” Sukanya Raman told the head of immigration company Davies & Associates, ET.Official figures on applications and requests from Gold Card must still be released. The American trade secretary Howard Lutnick, however, claimed that there was already “about a quarter of a million expressions of interest”, Rohit Jain, managing partner at Singhania & Co told The Outlet.“Our Immigration Law teams see an increase in questions from potential customers, in particular companies, since the announcement of a steep walk in H-1B costs,” he added.However, not all lawyers see the same momentum. Prachi Shah, who runs a law firm of the same name, said that interest among South Asian clients will remain damped. “This is mainly due to the important investment requirements and the perception that the GOLD card demands a non-residual $ 1 million obligation,” she noticed.In the meantime, the administration is also considering a ‘Trump Platinum Card’, which would require a contribution of $ 5 million for residence. Experts note that the increasing costs of American immigration disadvantages encourage some Indians to explore alternative destinations.