DAHBOO 77 - KUSHER BANS JOURNALIST FROM EVENT OFFERING CHINESE IMMIGRANT VISAS IN EXCHANGE FOR MONEY

Published on May 7, 2017
Organisers 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 programme, according to marketing materials posted by the event's organiser, immigration agency Qiaowai.

The controversial EB-5 programme 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 on Sunday afternoon at the Four Seasons Hotel in Shanghai.

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