Kushner Sister Woos Chinese Investors With US Green Cards

Nicole Meyer played up family ties in pitch that highlights controversial visa program
By Newser Editors and Wire Services
Posted May 7, 2017 9:18 AM CDT
Kushner Sister Woos Chinese Investors With US Green Cards
Chinese staff wait for investors during an event promoting EB-5 investment in a Kushner Companies development in Shanghai, China, Sunday, May 7, 2017. The sister of President Trump's son-in-law, Jared Kushner, has been courting Chinese investors using a much-criticized federal visa program.   (Associated Press)

The sister of President Trump's son-in-law Jared Kushner is courting Chinese investors with a much-criticized federal visa program that provides a path toward obtaining US green cards, reports the AP. Kushner's sister, Nicole Meyer, promoted One Journal Square, a Kushner Companies' development in Jersey City, at an event Sunday in Shanghai, saying the project "means a lot to me and my entire family," reports the New York Times. The pitch seeks to raise funds from Chinese investors through the US government's EB-5 visa program, which allows permanent US residency for those who finance at least $500,000 in American projects. The event was organized by Beijing-based immigration services company QWOS and Kushner Companies, per an ad on the Chinese company's website, which says the project is seeking $150 million from 300 EB-5 investors.

"Invest $500,000 and immigrate to the United States," says an event ad noted by CNN. Kushner stepped down as chief executive of the Kushner Companies in January and has sold stakes in several properties to allay concerns about conflict of interest. His family's promotional efforts in China come amid widespread criticism of the EB-5 visa program, which has grown popular among wealthy foreigners seeking to move to the US, but faces allegations of fraud and misuse. "In 2008, my brother Jared Kushner joined the family company as CEO, and recently moved to Washington to join the administration," said Meyer at the event, per CNN. Bi Ting, a 34-year-old woman who attended the Shanghai event, said that having the name of the US president's son-in-law on it was "a bonus for the project." Reporters at the event were asked to leave by organizers, who said it was a private event. (More Nicole Meyer stories.)

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