The Kushner family pitched wealthy Chinese businesspeople Saturday, hoping to lure them into investing in their real estate by promising it could land them an American passport.
Nicole Kushner Meyer, the sister of White House adviser and President Trump’s son-in-law Jared Kushner, spoke at an event in Beijing on Saturday. She was marketing a Kushner-owned property in New Jersey — invest in the development and get into the United States on a so-called EB-5 visa.
The EB-5 visa allows immigrants a path to a green card if they invest more than $500,000 in a project that creates jobs in the United States.
An ad for the event, held at a Ritz-Carlton hotel, said «Invest $500,000 and immigrate to the United States.»
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The EB-5 visa has been used by the Trump and Kushner family businesses. Foreigners, particularly wealthy Chinese nationals, have used the EB-5 program as a ticket into the states. And that promise has helped attract foreign investments for U. S. real estate projects.
President Trump has taken an anti-immigration stance and vowed to severely tighten the use of work visas. The EB-5 program has come under fire by members of Congress on both sides of the aisle.
Lawmakers say the program essentially sells citizenship to high-income foreigners.
On Saturday, potential investors in the Kushner project were told they should act quickly because possible policy changes to the EB-5 program might raise the required minimum investment.
