Kushner Business Goes Abroad Seeking Investors in NJ Project

Kushner Business Goes Abroad Seeking Investors in NJ Project

Kushner Business Goes Abroad Seeking Investors in NJ Project

Before being asked to leave, reporters heard Jared Kushner's sister Nicole Meyer tell Chinese investors that they could participate in a New Jersey real estate project that "means a lot to me and my entire family". The so-called "golden visa" program gives foreigners who invest at least $500,000 in USA development projects a faster track to pursue green cards for themselves and their families.

Nichole Kushner Meyer told more than 100 people at a Beijing hotel Saturday "that the $976 million project - twin 66-story towers with almost 1,500 apartments - 'means a lot to me and my entire family, '" reports Ken Bredemeier for Voice of America.

White House spokesman Sean Spicer says Jared Kushner has no involvement in the project.

"Given that President (Donald) Trump and Jared Kushner refuse to divest from their vast financial holdings, the only way to eliminate this conflict is for Congress to allow the program to expire in September", said Feinstein, who has sponsored legislation to end the program.

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The EB-5 programme was created in 1990 to help stimulate the U.S. economy through job creation and capital investment from foreign nationals, but detractors say it puts citizenship up for sale.

They could fast-track the process by buying into the 1,476-unit complex in Jersey City, scheduled to break ground early next year, she said. A spokesperson for the company and Meyer subsequently apologized and denied that "mention of her brother was in any way interpreted as an attempt to lure investors". Rep. Zoe Lofgren from California, the senior Democrat on the House Judiciary Immigration Subcommittee, also said in an interview Sunday it was "pretty sketchy" for Meyer to make her sales pitch amidst uncertainty of the program's continued existence.

It was a day after Trump signed the bill that Meyer made her presentation in Beijing in which she and her associates urged the Chinese to invest in the luxury apartment building, One Journal Square, which is slated to be built next year. Reuters reports that journalists were "barred" from the event.

Qiaowei is also known as QWOS.

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The EB-5 visa program has been under scrutiny in the past - including most recently in March, when Rep. The program, which is popular among wealthy Chinese people, has been nicknamed the "golden visa". They sent Kushner's own sister to China to make the pitch, seemingly to remind potential investors just how direct their pipeline to the Oval Office could be.

Another person who attended today's event, Liu Guoqi, was mindful of the potential rule change.

Along with bringing peace to the Middle East and reforming the criminal justice system, Kushner has been tasked with serving as the top liaison between his father-in-law and the Chinese government. By obtaining an EB-5 visa. Many have lost not only their money but their chance at winning United States citizenship.

Trump has made immigration overhaul the centerpiece of his campaign and administration. The point of Trump's populist revolution was not to enrich the Kushner family by trading precious American immigration privileges for filthy lucre.

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Qiaowai's Chinese-language marketing material describes the project as "supported by the government, created by a star developer", and says the project is its 87th EB-5 programme.

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