In a Beijing ballroom, Kushner family flogs $500,000 ‘investor visa’ to wealthy Chinese. BEIJING — The Kushner family came to the United States as refugees, worked hard and made it big — and if you invest in Kushner properties, so can you. That was the message delivered Saturday by White House senior adviser Jared Kushner’s sister to a ballroom full of wealthy Chinese investors, renewing questions about the Kushner family’s business ties to China. Over several hours of slide shows and presentations, representatives from the Kushner family business urged Chinese citizens gathered at the Ritz-Carlton hotel to consider investing hundreds of thousands of dollars in a New Jersey real estate project to secure what’s known as an investor visa. The EB-5 immigrant investor visa program, which allows foreign investors to invest in U.S. projects that create jobs and then apply to immigrate, has been used by both the Trump and Kushner family businesses. But President Trump’s vow to crack down on immigration, as well as criticism from members of Congress, has led to questions about the future of a program known here as the “golden visa.” extremely popular among rich Chinese who are eager to get their families — and their wealth — out of the country, though the fact that some move their money out illegally has made the program unpopular with the Chinese government, too. In the ballroom of the Ritz-Carlton on Saturday, Chinese investors were advised to invest sooner rather than later in case the rules change. “Invest early, and you will invest under the old rules,” one speaker said. The woman identified as “Jared’s sister” was believed to be Nicole Kushner, who is involved in the family business, not Dara Kushner, who generally stays out of the spotlight. But the woman’s face was not clearly visible from the back of the ballroom, where reporters were told to remain. Saturday’s event in Beijing was hosted by the Chinese company Qiaowai, which connects U.S. companies with Chinese investors. The tagline on a brochure for the event: “Invest $500,000 and immigrate to the United States.”
You would think that the Trump administration would raise every kind of alarm imaginable, and yet, not a peep out of the alarmist Right Wing conspiracy theorists...
Wouldn't it be advantageous for rich investors to come here. This appears positive to Americans. Jobs will be created and wealth deposited in our banks, and taxes paid on gains. Everyone wins, what's the problem.
The problem is the closest adviser to the president is peddling time shares on his buildings and calling it an investment. I don't have a problem w/attracting investors but real estate speculating to fulfill those visas is clearly gaming the system, let alone one that's using the oval office to do so.
I don't have his tax returns. https://www.nytimes.com/2017/01/07/us/politics/jared-kushner-trump-business.html Kushner's real estate holdings have increased by 7 billion in the last decade, many w/foreign money. Latest example is the Jersey building in the article which was 1/4 funded using the visa program ~50 million. This is the past you may say, but here we have his family peddling Trump's name and promising favors.