New York/Washington: US President Donald Trump has signed an executive order entitled ‘The Gold Card', aimed at setting up a new visa pathway for foreigners of extraordinary ability who are committed to supporting the United States. Under the Gold Card programme, signed on Friday, individuals who can pay USD 1 million to the US Treasury, or USD 2 million if a corporation is sponsoring them, will get access to expedited visa treatment and a path to a Green Card in the country. The Gold Card will be taking in hundreds of billions of dollars, and companies will be able to keep some people they need. Trump emphasised the gold card will be a “fantastic thing” and “we're going to take that money and we're going to reduce taxes, we're going to reduce debt”. Once an applicant's processing fee is received, the process for visa adjudication will take place, assuming applicants submit additional documents in a timely manner," the official website of the programme said.