No. The official FAQ preserves eligibility for permanent residence, admissibility, and EB-1 or EB-2 visa availability as separate conditions. The gift is part of the described process, not a universal substitute for those legal requirements.
Identify the exact basis being relied on for this application
Bring the current official instructions and the applicant's own circumstances to an individualized review, and distinguish promotional summaries from the actual evidence the filing process requires. Ask which classification applies and what facts remain unresolved rather than assuming the framework bypasses background review because the financial commitment is available.
The programme operates through existing employment-based first and second preference classifications rather than replacing them, so the requirements of the underlying category continue to apply alongside the processing fee, the vetting and the gift. The executive order contemplates prior-holder abandonment for its transfer process, but an employee whose residence was never granted has a different factual position.