President Donald Trump's Gold Card visa, designed for wealthy foreigners seeking U.S. residency, is facing significant skepticism. A recent court filing revealed only 338 applications since its launch, with a mere 165 applicants paying the $15,000 non-refundable fee. Only 59 individuals have progressed to paperwork with the Department of Homeland Security, far below the revenue officials anticipated. Immigration attorneys representing the target clientele are actively discouraging applications. Michael Wildes, a lawyer who represented Melania Trump and her parents, even advises against it. Concerns include the lack of a congressionally-established visa, ongoing litigation, and tax uncertainties. The Gold Card Visa costs $5 million total, including a $1 million investment, plus an additional $1 million for each family member, and a $15,000 non-refundable application fee. The promise was fast-track residency, with Corporate Gold Cards and a forthcoming Platinum Card also offered. Commerce Secretary Howard Lutnick reported that only one person had been approved.