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Kushner EB5

Jared Kushner and Nicole Meyer and a rendering of One Journal Square (Photo by PATRICK MCMULLAN/Patrick McMullan via Getty Images)

Journalists were barred this week from an event in Shanghai that sought Chinese investment in a luxury apartment complex in New Jersey being developed by KABR Group and the Kushner Companies.

The family of President Donald Trump s son-in-law hopes to raise $150 million, or 15.4 percent of funding for the project, through the EB-5 visa program, according to Reuters. The program allows foreigners to in effect buy U.S. immigration visas by investing at least $500,000. The event was organized by immigration 爱上海龙凤419桑拿

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agency Qiaowai, according to marketing materials.

Kushner s sister, Nicole Kushner Meyer, is said to have spoken for 10 minutes, mentioning her family s humble roots. According to the New York Times, Meyer 上海龙凤论坛sh1f

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attended a similar event in Beijing on Saturday telling the audience of roughly 100 people the project, known as One Journal Squ爱上海同城手机版

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are, means a lot to me and my entire family.

Sophie Xing, a potential investor, said a very important factor in her decision to attend Sunday s event was that the project s developer was Kushner Companies and that Trump s son-in-law s sister would be speaking, according to Reuters.

Qiaowai made note of Meyer s relationship to Trump in promotional materials上海千花网交友

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, referred to the project as Kushner1 and describes the project as supported by the government, created by 上海贵族宝贝

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a star developer, according to Reuters. [Reuters | NYT] Christopher Cameron

 

Tags: china, EB-5, Foreign Investment, Jared Kushner
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