The China Post
Date: May 8, 2017
BEIJING — White House senior advisor Jared Kushner’s family business is courting wealthy Chinese to buy stakes in real estate through a controversial government program that offers U.S. residency in exchange for investment.
Kushner’s sister Nicole Kushner Meyer was in Beijing Saturday, seeking US$150 million in investment in a luxury apartment complex project in New Jersey, according to U.S. media reports.
Jared Kushner, 36, is a senior adviser to U.S. President Donald Trump with far-reaching influence over domestic and foreign policy, and stepped down from the family company in January to serve in the administration.
However, eyebrows have been raised as the Chinese investment sought by his family is to be funneled through the U.S. EB-5 visa program.
The program offers foreign nationals permanent residency — commonly known as a green card — in exchange for investments of at least half a million dollars in a U.S. business that must also create 10 American jobs.
The New York Times reported that the family business’ investment drive is also “highlighting their ties to Mr. Kushner as they court investors.” [FULL STORY]