India, May 9 -- The Trump administration's high-profile "Gold Card" visa initiative is facing a weak response, with early participation falling far short of expectations, according to newly disclosed figures.

The program, pitched as a premium pathway for wealthy foreign nationals seeking residency benefits in the United States, was designed to attract significant investment while generating substantial federal revenue.

However, initial data suggests interest in the scheme has been far more limited than anticipated.

According to a court filing cited by The Daily Beast, just 338 people have submitted applications for the Trump Gold Card program so far. Of these, only 165 applicants have paid the required $15,000 processing fee.

The figu...