Kushner's Sister Suggests Family Can Help Chinese Get U.S

Kushner's Sister Suggests Family Can Help Chinese Get U.S

The apology came after weekend reports about Nicole Kushner Meyer's trip to Beijing, where she touted a Kushner family project in Jersey City and mentioned the controversial EB-5 visa program.

A much-criticized visa program that allows foreigners to win fast-track immigration in return for investing $500,000 in USA properties was extended in a bill signed by President Trump just one day before a sister of senior White House adviser Jared Kushner pitched the program to Chinese investors.

Kushner Companies later apologized for the name drop, and said it was not meant to be an "attempt to lure investors" to one of its projects in New Jersey. "That was not Ms Meyer's intention".

Meyer made the same pitch in Shanghai on Sunday, according to the Times. One, it provides an unusual degree of confidence that the investment/bribe will in fact produce the visa they're after (which federal immigration bureaucrat would dare slow-walk a Kushner investor?), and two, it carries the potential for a relationship with the president himself.

KEITH: That was Grassley at a hearing a year ago voicing frustration after Congress used a government funding bill to reauthorize the program without making any changes. The Washington Post reports the media was asked to leave to maintain the "stability" of the event.

"Invest $500,000 and immigrate to the United States", reads the tagline on a brochure from the pitch event, according to the Washington Post. And I think, you know, the implications since she was addressing a group of potential investors and immigrants was that, you know, they could make it, too, if they invested with Kushner Companies.

Jared Kushner had been listed as a manager of several entities related to the project as of January, the New York Times reported.




Over the weekend, the Kushners' business was trying to drum up millions of dollars in Chinese investment for a New Jersey skyscraper project.

KEITH: Steve Park is a partner at the law firm Ballard Spahr and specializes in the EB-5 program, working on both real estate projects and even with some manufacturers.

"Chinese people are pretty affluent now", said Stella Guo, a marketing director at CanAchieve Consultants, which helps Chinese clients obtain visas under the EB-5 program.

On Sunday Meyer was introduced in Chinese to investors as a representative of "a famed celebrity investment family". On a big screen, Jared Kushner's previous role in the company and his current role in the Trump administration were highlighted. Sadly, it's just the latest example of the financial conflicts that pervade this White House, which seems unwilling to stop using influence for personal gain.

Reforms to the EB-5 program have been proposed recently, by the way, but the main idea isn't to shut down the program or increase the numerical threshold for jobs created for qualifying projects. Therefore the Kushner family urged the assembled millionaires to "invest early" while the favorable rules are still in place.

"There is much harrumphing as the Kushner companies are found to be extolling the idea of investment in the United States economy as a way to gain a residence visa for America", writesForbes contributor Tim Worstall, a fellow at the Adam Smith Institute in London. "Of course they're going to want to invest".

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