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 son-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 daughter 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.
The controversial EB-5 program allows wealthy foreigners to, in effect, buy U.S. residency 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.
Jared Kushner, whose White House portfolio includes relations with China, sold his stake in Kushner Companies to a family trust early this year.