Washington, June 5 -- The proposed Trump Gold Card, a USD 5 million pathway to permanent US residency, is expected to be a runaway success in India, US Commerce Secretary Howard Lutnick said, calling it a "wonderful opportunity" for Indian entrepreneurs and investors to link two powerful economies.

Speaking at the US-India Strategic Partnership Forum (USISPF) Leadership Summit 2025, Lutnick outlined the vision for the Trump-backed immigration initiative that would allow wealthy foreigners to gain permanent residency in the United States, much like a Green Card, only at a premium.

"I think the ordinary path of immigration for America is changing," Lutnick said in his keynote. "The Trump Card is coming out. I expect the Trump Card will cr...