Kushner Sister Invokes Jared, In Appeal to Chinese Investors

Nicole Kushner Meyer, the sister of the key White House adviser, raised her brother's connections to the Trump administration while seeking to raise money from Chinese investors through a government visa program for foreigners who invest in United States projects.

"The [EB-5 visa] programme, which has been replete with fraud and abuse, allows foreign investors to obtain a green card and eventually citizenship in exchange for a US$500,000 or US$1 million investment that creates at least 10 jobs", Chuck Grassley, a Republican Senator representing Iowa, said in a statement three months ago.

Nicole Kushner Meyer was in Beijing and Shanghai over the weekend, seeking more than US$150 million in investment in a luxury apartment complex project in New Jersey. Marketing materials for the event promoted Nicole Kushner Meyer as Jared's sister, and cited the Kushner family's "celebrity" status.

The other participant, Bi, who is pregnant, said she was considering immigrating to America to give her child an academic environment that is "more relaxing; where one can pursue real interests and where the child can do something that they really want to do".

However, eyebrows have been raised as the Chinese investment sought by his family firm will be funnelled through the US EB-5 visa programme.

Similar events will be held at the InterContinental in Shenzhen on May 13 and the Four Seasons in Guangzhou on May 14, it said.

"Kushner Companies 'apologizes if that mention of [Meyer's] brother was in any way interpreted as an attempt to lure investors, ' it said in a statement emailed to NPR, adding that it was not her intention".

During the presentation, a slide was shown identifying US President Donald Trump as being a "key decision maker" for the EB-5 program.

A new proposal now in Congress could soon raise the minimum investment for the EB-5, or investment, visa.

That's according to reporters from The Washington Post and The New York Times, who were attending the publicly advertised event at the Ritz-Carlton Hotel in Beijing on Saturday before press was removed from the room. 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. USA lawmakers have been weighing proposed changes to the program, which would likely affect companies such as Kushner Cos. should it want to raise funds from such investors. Last week, Trump loyalist Stuart Jolly left a lobbying firm amid concerns he was exploiting his access after he posted a photo of himself at the White House with the presidential limousine, captioned, "My Uber finally arrived!" The program was created in the 1990s to boost jobs in areas that are rural or have high unemployment. Qiaowai says on its website (in Chinese only) that the project is the 87th EB-5 project it has marketed in China, and also its second time working with the Kushners.

Kushner divested from the New Jersey protect and the Kushner Companies, the website said.

Almost 7,000 EB-5 visas were issued to Mainland Chinese investors previous year, making them the number one nationality in the allocation, according to State Department data.

The EB-5 visa program has been under scrutiny in the past - including most recently in March, when Rep. "Later, as investors started leaving the ballroom, organizers physically surrounded attendees to prevent them from giving interviews".

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