Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
In a Beijing ballroom, Kushner family flogs $500,000 investor visa to wealthy Chinese [View all]
Hat tip, JoeMyGod: BEIJING: Kushner Family Pitches Visas To The Wealthy In Return For $500K Investment In Their Business
In a Beijing ballroom, Kushner family flogs $500,000 ‘investor visa’ to wealthy Chinese
By Emily Rauhala May 6 at 7:31 AM
BEIJING — The Kushner family came to the United States as refugees, worked hard and made it big — and if you invest in Kushner properties, so can you. ... That was the message delivered Saturday by White House senior adviser Jared Kushner’s sister to a ballroom full of wealthy Chinese investors, renewing questions about the Kushner family’s business ties to China.
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.
The EB-5 immigrant investor visa program, which allows foreign investors to invest in U.S. projects that create jobs and then apply to immigrate, has been used by both the Trump and Kushner family businesses. ... But President Trump’s vow to crack down on immigration, as well as criticism from members of Congress, has led to questions about the future of a program known here as the “golden visa.”
....
Journalists were initially seated at the back of the ballroom, but as the presentations got underway, a public-relations representative asked The Washington Post to leave, saying the presence of foreign reporters threatened the “stability” of the event. ... At one point, organizers grabbed a reporter’s phone and backpack to try to force that person to leave. Later, as investors started leaving the ballroom, organizers physically surrounded attendees to stop them from giving interviews. ... Asked why reporters were asked to leave, a public-relations representative, who declined to identify herself, said simply, “This is not the story we want.”
....
Congcong Zhang reported from Beijing.
Emily Rauhala is a China Correspondent for the Post. She was previously a Beijing-based correspondent for TIME, and an editor at the magazine's Hong Kong office. Follow @emilyrauhala
By Emily Rauhala May 6 at 7:31 AM
BEIJING — The Kushner family came to the United States as refugees, worked hard and made it big — and if you invest in Kushner properties, so can you. ... That was the message delivered Saturday by White House senior adviser Jared Kushner’s sister to a ballroom full of wealthy Chinese investors, renewing questions about the Kushner family’s business ties to China.
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.
The EB-5 immigrant investor visa program, which allows foreign investors to invest in U.S. projects that create jobs and then apply to immigrate, has been used by both the Trump and Kushner family businesses. ... But President Trump’s vow to crack down on immigration, as well as criticism from members of Congress, has led to questions about the future of a program known here as the “golden visa.”
....
Journalists were initially seated at the back of the ballroom, but as the presentations got underway, a public-relations representative asked The Washington Post to leave, saying the presence of foreign reporters threatened the “stability” of the event. ... At one point, organizers grabbed a reporter’s phone and backpack to try to force that person to leave. Later, as investors started leaving the ballroom, organizers physically surrounded attendees to stop them from giving interviews. ... Asked why reporters were asked to leave, a public-relations representative, who declined to identify herself, said simply, “This is not the story we want.”
....
Congcong Zhang reported from Beijing.
Emily Rauhala is a China Correspondent for the Post. She was previously a Beijing-based correspondent for TIME, and an editor at the magazine's Hong Kong office. Follow @emilyrauhala
Jared Kushner's sister urgest Chinese investors to invest in real estate project, citing family ties http://hill.cm/SCe03HC
Link to tweet
8 replies
= new reply since forum marked as read
= new reply since forum marked as read