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Reporters barred from Kushner Companies' visa-for-investment event in China Organizers barred journalists on Sunday from a publicly advertised event in Shanghai that offered Chinese investors the chance to get U.S. immigrant visas if they put money in a real estate project linked to the family of President Donald Trump's -in-law. The two-tower luxury apartment complex in New Jersey, One Journal Square, is being developed by KABR Group and the Kushner Companies, which until recently was headed by senior White House advisor Jared Kushner, the husband of Trump's Ivanka. The developers are seeking to raise $150 million, or 15.4 percent of funding for the project, from investors through the EB-5 visa program, according to marketing materials posted by the event's organizer, immigration agency Qiaowai. The controversial EB-5 program allows wealthy foreigners to, in effect, buy U.S. immigration visas for themselves and families by investing at least $500,000 in certain development projects. "Sorry, this is a private event," said a man stopping journalists from entering a function room at the Four Seasons Hotel in Shanghai. Guests at the event said Kushner's sister, Nicole Kushner Meyer, spoke for about 10 minutes, including about her family's humble roots. According to the New York Times, Meyer attended a similar event in Beijing on Saturday and told the audience of about 100 people the project "means a lot to me and my entire family". Jared Kushner, whose White House portfolio includes relations with China, sold his stake in Kushner Companies to a family trust early this year. "Mr. Kushner has no involvement in the operation of Kushner Companies and divested his interests in the One Journal Square project by selling them to a family trust that he, his wife, and his are not beneficiaries of, a mechanism suggested by the Office of Government Ethics," his lawyer, Blake Roberts of WilmerHale law firm, said in a statement emailed to Reuters by the White House. "As previously stated, he will recuse from particular matters concerning the EB-5 visa program." A Kushner Companies spokeswoman declined to comment in a New York Times article about the Beijing event published on Saturday. The Times story said Meyer did not respond when asked if she was concerned about possible conflicts of interest facing her brother. Journalists from the Times and Washington Post were removed from Saturday's Beijing event, the newspapers reported. POPULAR WITH WEALTHY CHINESE One potential investor, Sophie Xing, said a "very important" factor in her decision to attend Sunday's event was the fact the project was a Kushner Companies investment and that Trump's -in-law's sister would be in Shanghai. "Actually I really don't know how close they are but I felt that this was a pretty good project," she said. In a promotional text message seen by Reuters, Qiaowai made note of Meyer's relationship to Trump and called her the event's "heavyweight honored guest". Qiaowei representatives at the event declined to answer questions from journalists, and calls to its listed phone number went unanswered. Qiaowei is also known as QWOS. Its promotional materials for the project, which it also calls Kushner1, advertise the prospect of putting money in under the federal EB-5 program. The program is popular among wealthy Chinese looking to shift assets abroad or move overseas, but it has come under fire in the United States. Some U.S. lawmakers have called for changing or abolishing the EB-5 program, but the scheme was recently renewed by Congress until Sept. 30. Potential investor Xing said a Kushner representative who spoke on Sunday stressed that EB-5 rules could change after September to raise the minimum required investment. Another person who attended Sunday's event, Liu Guoqi, was mindful of the potential rule change. Liu said he had been to previous pitches for EB-5 investments but had concerns about the risks. "The whole thing may change later this year so we feel that there isn't much time left," he said. In the United States, the EB-5 program has also sparked concerns about possible scams. Some immigrants have been burned by misrepresentations made about the program by promoters, both inside and outside the United States. Many have lost not only their money but their chance at winning U.S. citizenship. Trump has vowed to clamp down on illegal immigration. In addition to Beijing and Shanghai, the road show for One Journal Square was scheduled to visit the Chinese cities of Shenzhen, Guangzhou and Wuhan, according to Qiaowai's marketing materials online. It calls the Kushner family a "famous real estate clan", and touts EB-5 immigration as "peace of mind". 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 program.  Honesty is the best policy. |
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Kushner Family Cancels China Investor Presentation Amid Controversy Jared Kushner’s sister on Thursday (May 11, 2017) canceled her upcoming presentation to potential Chinese investors after intense criticism that she had used her brother’s White House role to benefit the family’s real estate company. Honesty is the best policy.
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Jared Kushner's sister, Nicole Kushner Meyer, apologises for using his name to promote cash-for-visas scheme in China. Jared Kushner has resigned from Kushiner's family Investment company as CEO since January 2017 and has worked at White House for his father-in-law, Donald Trump, since resignation. Following reports of two events in Beijing and Shanghai over the weekend, White House spokesman Sean Spicer said Jared Kushner has no involvement in the project on Monday. Risa Heller, a Kushner Companies spokeswoman, added: "Ms Meyer wanted to make clear that her brother had stepped away from the company in January and has nothing to do with this project. "Kushner Companies apologises if that mention of her brother was in any way interpreted as an attempt to lure investors. That was not Ms Meyer's intention," she said, according to AFP. I posted this blog to remind rich Chinese people to use their intelligence to invest at least $500,000 in exchange for a EB-5 visa to obtain a U.S. Green card (Permanent Resident) and eventually become U,S. citizen. It is your money, you will be the judge, if the investment worth or not. Honesty is the best policy.
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Stupid scammer, you will blocked from my blogs. Bye. Honesty is the best policy.
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China pitch by Kushner sister renews controversy over visa program for wealthy A much-criticized visa program that allows foreigners to win fast-track immigration in return for investing $500,000 in U.S. properties was extended in a bill signed by President Trump just one day before a sister of senior White House adviser Jared Kushner pitched the program to Chinese investors. Trump, who advocates for restrictive immigration policies, extended the EB-5 investor program without long-promised changes as part of a massive federal spending bill. The program has offered wealthy foreigners a way around complicated U.S. immigration rules, allowing them to live in the United States and seek permanent residency in return for substantial investments. The Washington Post reported Saturday that Nicole Kushner Meyer delivered a sales presentation in Beijing at which she urged Chinese citizens to invest in a New Jersey project being managed by the Kushner family’s real estate company. Meyer’s relationship to her brother was mentioned as part of the presentation. On Sunday, the Kushner Companies, of which Meyer is a principal, said in an email to The Post that it “apologizes if that mention of her brother was in any way interpreted as an attempt to lure investors. That was not Ms. Meyer’s intention.” The firm stressed that Jared Kushner “stepped away from the company in January and has nothing to do with this project,” which it said would provide $180 million in tax revenue over 30 years. Kushner, who is Trump’s son-in-law and headed his family’s real estate company until he agreed to serve in the White House, helped oversee the New Jersey luxury apartment project while managing the family’s vast real estate holdings. Meyer’s sales presentation about the EB-5 investor visa program brought pointed criticism from Democrats, who said she sought to benefit from her ties to her brother, who, as the husband of Ivanka Trump, has become one of Trump’s closest advisers. Honesty is the best policy.
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This is AsiaFind and lots of rich Chinese people want to come to USA. Can I ask you some questions? 1. Do you have $500,000 (1/2 million) USD? 2. Do you want to invest $500,000 USD to this Kushiner investment in New Jersey? 3. Do you want to become an U.S. citizen by obtaining a EB-5 visa first? 4. Do you completely trust Kushiner family that you will get EB-5? 5. Jared Kushner is Trump's son-in-law (女婿) who married to Ivanka Trump. Do you trust Kushner's family in real estate investment? Please read the paragraph I highlighted in blue color that says In the United States, the EB-5 program has also sparked concerns about possible scams. Some immigrants have been burned by misrepresentations made about the program by promoters, both inside and outside the United States. Many have lost not only their money but their chance at winning U.S. citizenship. and “It’s incredibly stupid and highly inappropriate,” said Richard Painter, the former chief White House ethics lawyer in President George W. Bush’s administration, who has become a vocal critic of the Trump administration. “They clearly imply that the Kushners are going to make sure you get your visa. . . . They’re [Chinese applicants] not going to take a chance. Of course they’re going to want to invest.” You know George W. Bush and Donald Trump both are Republicans. I was 5 yrs as Green Card (1980 - 1985) and an U.S. citizen since 1985 (32 yrs). I don't need this investment to become an U.S. citizen. Honesty is the best policy.
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