The U.S. “Gold Card” Program (Form I-140G)-A Comprehensive Legal Analysis of the New Donation-Based Immigration Pathway

The U.S. “Gold Card” Program (Form I-140G)-A Comprehensive Legal Analysis of the New Donation-Based Immigration Pathway

By Wang Law LLC — U.S. Immigration & Business Law

I. Introduction: The Emergence of Donation-Based Immigration in the United Stat

On September 19, 2025, the President signed Executive Order 14351, authorizing the U.S. Department of Commerce to create an immigration-related program allowing high-net-worth individuals to obtain employment-based immigrant status through large monetary donations.

In December 10, 2025, USCIS released the new Form I-140G and its official instructions, formally establishing what is now widely known as the Gold Card Program.”

Unlike traditional EB-2 or EB-5 frameworks, which rely on employer sponsorship or job-creating investments, the Gold Card introduces a direct-gift model—a structure unprecedented in U.S. immigration law.

This article provides a detailed legal analysis for individuals, families, and corporate petitioners considering the Gold Card option, addressing statutory basis, eligibility standards, filing procedures, visa retrogression issues, and comparative risks.

II. Legal Foundation: Executive Authority Combined with Existing INA Categories

The Gold Card Program is not a new immigrant visa category created by Congress. Instead, its legal authority arises from a combination of executive action and existing statutory classifications.

1. Executive Order 14351

The order authorizes the Department of Commerce to accept donation funds and collaborate with DHS/USCIS to attract foreign capital. However, it does not establish a new immigrant visa classification.

2. Reliance on Existing INA Employment-Based Categories

Form I-140G explicitly channels applicants into two existing categories:

Therefore, the donation is a prerequisite for filing—not a substitute for the statutory ability requirements.

III. Donation Requirements: The Most Expensive U.S. Immigration Path to Date

According to the I-140G instructions, applicants must make a non-refundable monetary gift to the U.S. Department of Commerce.

1. Self-Petitioners (no employer)

  • Principal applicant: US$1,000,000
  • Spouse: US$1,000,000
  • Each dependent child: US$1,000,000

2. Employer-Petitioned Applicants

  • Principal applicant: US$2,000,000
  • Each dependent: US$1,000,000

3. Use of Cryptocurrency

USCIS expressly permits crypto-based assets as donation funds if:

  • Full blockchain traceability is provided
  • AML/KYC standards are met
  • No suspicious transactions appear

4. Donations Are Not Refundable

Unlike EB-5 investments, donations:

  • Are not investments
  • Are not returnable
  • Do not generate equity or interest

The program therefore imposes the highest financial requirement in U.S. immigration history.

IV. Filing Fee Structure: USCIS Charges an Additional US$15,000 Per Applicant

Each applicant—principal and dependents—must pay:

  • US$15,000 USCIS filing fee
  • No fee waivers available
  • Not refundable under any circumstances

Combined with donations, a family of four may incur US$4–6 million in total costs, making this one of the most restrictive pathways ever created.

V. Ability Requirements: Money Alone Is Insufficient

Despite the donation requirement, USCIS maintains full statutory standards for EB-1A and NIW adjudication.

1. EB-1A Extraordinary Ability Standard

Applicants must demonstrate that they are among the small percentage at the very top of their field, through:

  • A one-time major internationally recognized award, or
  • At least three of the ten regulatory criteria (e.g., publications, judging, significant contributions, media coverage, etc.)

This remains one of the most demanding criteria in U.S. immigration law.

2. EB-2 NIW Exceptional Ability Standard

Applicants must satisfy:

  • Exceptional ability under 8 CFR §204.5(k), and
  • Matter of Dhanasar’s three-prong test:
    1. Substantial merit and national importance
    2. Applicant is well positioned to advance the endeavor
    3. Waiver benefits the United States

3. Additional Filing Requirement for NIW

Form I-140G instructions state that NIW applicants must submit:

  • An uncertified ETA-9089

EB-1A applicants do not need to file this form.

Conclusion: The donation is merely an eligibility trigger—not a replacement for legal ability requirements.

VI. Filing Procedure and Visa Retrogression: No Concurrent Filing, Consular Processing Only

The most significant limitation appears in the lack of I-485 eligibility at filing.

1. No Concurrent Filing With Form I-485

USCIS states that the Adjustment of status is not available at filing. Applicants may proceed only when a visa number becomes available. Thus, Gold Card applicants cannot:

  • File I-485 together with I-140G
  • Obtain EAD(Form I-765)
  • Obtain Advance Parole (Form I-131)

2. Visa Bulletin Still Applies

The instructions explicitly direct applicants to the Visa Bulletin. Consequences:

  • China-born applicants face EB-1 and EB-2 retrogression
  • Donations do not accelerate visa availability
  • Consular processing is required after approval

This substantially limits the program’s speed and appeal for applicants from heavily retrogressed countries.

VII. Comparison With EB-1A, NIW, and EB-5 Programs

CategoryGold Card (I-140G)EB-1ANIWEB-5
CostUS$1M–US$2M per person (gift)Filing/legal fees onlyFiling/legal fees onlyUS$800k investment
RefundabilityNoN/AN/APossible (depending on project)
Ability RequirementYesYesYesNo
Job CreationNoNoNoYes
Visa RetrogressionYesYesYesYes
I-485 Concurrent FilingNoYes (if current)Yes (if current)Yes (if current)
Dependent CostUS$1M per dependentNoneNoneIncluded

Conclusion: The Gold Card is designed for individuals who are both wealthy and highly accomplished. It is not a substitute for EB-5, nor is it a “pay-to-win” version of EB-1A/NIW

VIII. Legal Risks and Compliance Considerations

1. Source-of-Funds Scrutiny

USCIS and the Department of Commerce will apply rigorous:

  • Anti-money laundering (AML) checks
  • Know-your-customer (KYC) checks
  • Blockchain tracing for crypto funds
  • OFAC sanctions screening

Any irregularities may result in denial.

2. Policy Instability Risk

Because the program is based on an executive order, future administrations may:

  • Modify
  • Suspend
  • Terminate the program

Without Congressional action, long-term predictability is uncertain.

3. High Financial Risk

Donations and filing fees are entirely non-refundable, even if:

  • The case is denied
  • Retrogression worsens
  • Policies change

4. Retrogression Risk for China and Other Countries

Applicants from oversubscribed countries may wait years for visa availability.

IX. Who Should Consider the Gold Card Program

Suitable Candidates

  • High-net-worth individuals with strong EB-1A or NIW profiles
  • Applicants from countries without visa backlogs
  • Global entrepreneurs seeking rapid I-140 approval
  • Corporations seeking to sponsor high-impact executives

Not Recommended For

  • Applicants relying solely on financial capacity
  • Individuals needing quick work authorization (EAD)
  • China-born applicants unwilling to wait for retrogression
  • Those seeking investment return (EB-5 is more appropriate)

X. Professional Guidance

Wang Law LLC provides:

  • EB-1A / NIW eligibility evaluations
  • I-140G strategy development
  • Source-of-funds review (including crypto tracing expectations)
  • Visa Bulletin and retrogression planning
  • Full-scope preparation of petitions and supporting evidence

Wang Law LLC — Your Trusted Advisor for EB-1A, NIW, and High-Net-Worth Immigration Strategy

The introduction of Form I-140G and the Gold Card donation-based program marks a significant shift in the U.S. employment-based immigration landscape. Whether you are evaluating EB-1A, NIW, EB-5, or the new Gold Card pathway, a precise legal strategy is essential to avoid unnecessary financial and immigration risks.

At Wang Law LLC, we provide:

✔ Comprehensive EB-1A and NIW Eligibility Evaluations

Our attorneys offer detailed assessments based on statutory criteria, field achievements, and Dhanasar analysis.

✔ I-140G Gold Card Strategic Planning

We help clients understand donation requirements, crypto source-of-funds compliance, and the evidentiary standards for EB-1A/NIW classification under the new program.

✔ Full Petition Preparation and Evidence Development

We prepare persuasive legal briefs, expert reference letters, organizational charts, impact documentation, and all supporting exhibits.

✔ Source-of-Funds Review for High-Net-Worth Applicants

Including AML/KYC considerations, blockchain tracing expectations, and compliance risk mitigation.

✔ Visa Bulletin Forecasting & Immigrant Visa Processing

Essential for applicants from countries subject to retrogression.


Contact Wang Law LLC Today

If you are considering the Gold Card program or any employment-based immigration option, our firm can guide you through each stage with precision, transparency, and strategic insight.

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