Us to change green card: Commerce Secretary Lutnick Says H-1B Visa System ‘Terrible’

United States Secretary of Commerce Howard Lutnick said that us Intends to Alter The Current Immigration System, Specifically the H-1B Visa Program and Green Cards, Local Meedia reported.

According to Mr. Lutnick, The Trump Administration Plans to Introduce a “Gold Card” Program, which would be allowed wealthy foreign Foreigners to Invest $ 5 Million in Exchange for Us Residency.

“I’m involved in changing the h-1-1b visa program. We’re going to change that Programbele’s Terrible, Right? We’re going to change the green card,” Mr. Lutnick said during an interview with Fox news“That’s the gold card that’s coming. And that’s when we’re going to start picking the best people to come into this country. It’s time for that to change,” He added.

The proposed gold card would offer Permanent Residency to Foreigners who Invest $ 5 Million in the United States. Mr. Lutnick claims there is strong interest in the program, with 2,50,000 people supposedly waiting in line and potentially generating $ 1.25 trillion in revenue.

Also Read: Trump Unveils Website for $ 5 Million Us Residency Visa

In January 2025, Mr. Trump Reafirmed His Stance to Support the H-1B Visa Program, which allows employers in the US to hire non-immigrant workers for specialty obcups, stating the country needs “and “Great” individuals to come to the us and that this can be achieved through the H-1B Visa Program.

While addressing the media at the white house on Tuesday (August 26, 2025), Mr. Trump Emphahsized His Belief in the Importance of Attracting Skilled Individuals to the Country, Citing the H-1B Visa Program as a Key Tool in Facilitating this. He further argued that allowance “Quality people” to come into the US further help in bolstering the economy by supporting variable industries.

“You have to get the best people … we have the quality people coming in … by doing that, we’re expanding businesses, and that takes care of everything Compentant people, great people, come into our country, and we do that through the h-1b, ” Trump said.

Notably, DURING MR. Trump’s first term, the administration imposed restrictions on H-1B Visas, Citing Concerns Over “Abuse” and “Economic Strain”. In 2016, Mr. Trump condemned the program, describing it as a means for companys to replace American works with lower-paid foreign employees.