Kushner Family Woos Wealthy Chinese Investors With “$500,000 Investor Visas” Pitch

[corbe]

Kushner Family Woos Wealthy Chinese Investors With “$500,000 Investor Visas” Pitch

Posted at 11:30 am on May 6, 2017 by Susan Wright

The EB5 immigrant investor visa program allows wealthy foreign investors to invest in U.S. projects that could create jobs here, and then those investors can apply for citizenship.

Earlier Saturday, the family of Jared Kushner held a presentation in Bejing for the purpose of enticing wealthy Chinese investors to America.

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.

Called the “golden visa,” it puts priority with wealthy immigrants and has caught some heat from Congress.

Some believe that Trump’s aim to crack down on immigration and close loopholes could put the program in danger.

The EB-5 has been 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 Qiaowai company hosted the event. They’re currently working with the Kushners to secure investments for Kushner 1, a project in New Jersey that could potentially create 6,000 jobs.

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http://www.redstate.com/sweetie15/2017/05/06/kushner-family-woos-wealthy-chinese-investors-500000-investor-visas-pitch/

[Oceander]

Optics people, optics!

[Frank Cannon]

Encouraging the Chinamen to come here and invest in real estate is a disaster. Everywhere this has happened they run the prices up through the roof and then let the properties go to hell. Just ask Vancouver if you don't believe me....

https://www.theguardian.com/cities/2016/jul/07/vancouver-chinese-city-racism-meets-real-estate-british-columbia

[geronl]

So we have Trump in-laws selling visas?

Sounds like a felony to me

[Oceander]

So we have Trump in-laws selling visas?

Sounds like a felony to me

Don't know about that, but there's a lot more fodder for democrats to demand investigations. 

[bigheadfred]

Encouraging the Chinamen to come here and invest in real estate is a disaster. Everywhere this has happened they run the prices up through the roof and then let the properties go to hell. Just ask Vancouver if you don't believe me....

https://www.theguardian.com/cities/2016/jul/07/vancouver-chinese-city-racism-meets-real-estate-british-columbia

Hers is a nice place for people to get a look at Chinese investment in the U.S. Tons of info.

http://rhg.com/interactive/china-investment-monitor