BEIJING -- White House senior advisor Jared Kushner's family business is courting wealthy Chinese to buy stakes in real estate through a controversial government program that offers U.S. residency in exchange for investment. However, eyebrows have been raised as the Chinese investment sought by his family is to be funneled through the U.S. EB-5 visa program. The New York Times reported that the family business' investment drive is also "highlighting their ties to Mr. Kushner as they court investors." Nearly 90 percent of EB-5 visas were issued to Chinese nationals in 2014, when the program reached its quota of 10,000 visas. Authorities said the key suspects in the case helped wealthy Chinese obtain U.S. residency visas in exchange for bogus investments.

Source: The China Post May 07, 2017 07:07 UTC