The Trump administration's 'Gold Card' visa programme, which offers a fast track to US residency in exchange for large financial contributions, appears to be off to a slow start. Commerce Secretary Howard Lutnick told lawmakers that only one applicant has been approved so far, despite earlier claims that over $1 billion worth of visas had been sold. The programme requires individuals to pay a $15,000 application fee and contribute $1 million, while corporate sponsorships cost even more. Officials say the delay is due to strict vetting procedures by the Department of Homeland Security. The initiative has drawn criticism and legal challenges, with opponents arguing it prioritises wealth over merit in granting US residency.

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