United States · Residency by investment
Trump Platinum Card
NOT LAW AND NOT OPERATING. It was announced alongside the Gold Card and is advertised on trumpcard.gov, but only a wait list exists. No applications are being processed. It was not created by Executive Order 14351 or any other order. Commerce Secretary Lutnick has publicly conceded that, unlike the H-1B fee and the Gold Card, the Platinum Card requires congressional approval. Its core promise is a tax rule, and only Congress writes the Internal Revenue Code.
This is the only proposal on the table anywhere that would let a non-citizen spend 270 days a year in the United States without triggering worldwide US taxation. That is exactly why it cannot be done by executive order. Treat every marketing claim about it as speculative until a bill passes both chambers.
Qualifying routes
Plus a USD 15,000 processing fee. It is advertised as allowing up to 270 days per year in the US without US tax on non-US income.
The facts
- Minimum investment
- $5M
- Total landed cost
- USD 5,015,000 as advertised. But nothing is actually purchasable today beyond a wait-list registration.
- Route type
- Residency by investment
- Physical presence
- Advertised at up to 270 days per year in the US
- Family
- Unspecified. No rules have been published
- Permanent residency
- Unspecified
- Citizenship
- Unspecified
- Language test
- Not applicable
- Dual citizenship
- Permitted
- Requirements
- none published
- Delivering its central benefit requires an Act of Congress. No bill has passed.
- The 270-day promise runs straight into the substantial presence test in §7701(b). Absent a statute saying otherwise, anyone spending 270 days a year in the US is a US tax resident on worldwide income.
- Wait-list registration is not an application. It confers no rights and no priority.
- If an adviser quotes a Platinum Card timeline or benefit as settled fact, that adviser is selling, not advising.