As of November 30, 2025, Trump’s “gold card” / Gold Card visa concept is still in flux and has not been operating long enough to know its total lifetime demand. Trump initially announced a $5 million “gold card” investor visa in February 2025, talking about selling up to a million cards, but for months there was no formal application process or clear legal authority, and immigration-law analyses emphasized that the program effectively did not yet exist in U.S. immigration law. (reuters.com) In September 2025, he signed an executive order launching a Trump Gold Card priced at $1 million (or $2 million via corporate sponsorship), while moving the $5 million level to a separate “Platinum Card” product that is not yet operational and would require congressional changes to immigration and tax law. (forbes.com) Various reports mention tens of thousands of people registering interest and administration claims that 1,000 gold cards were “sold” in a day, but investigative coverage and practitioner briefings note that, through at least mid‑2025, there was no functioning application channel, no way to pay, and thus no verified issuance of actual cards. (visaverge.com) Industry experts widely doubt the administration’s projection of a million buyers and instead project demand in the low thousands or even under 1,000 total cards, but these are forward‑looking opinions rather than observed outcomes. (uscis.techmis.com) Because the program’s design, price point, and legal status are still unsettled, and there is no reliable data yet on actual long‑term uptake, Friedberg’s prediction that total lifetime demand will be capped around 10,000 buyers and never reach one million cannot be confirmed or disproven at this time.