Kushner Cos. pushes investor visas to Chinese

New York property developer Kushner Cos. launched a weekend marketing campaign for a New Jersey development, targeting major Chinese cities for wealthy individuals to invest a combined $150 million for the chance to secure US immigration rights, The Wall Street Journal reports. The developer, owned by the family of Trump administration senior adviser Jared Kushner, is trying to draw investment into twin 66-floor commercial-and-residential towers called One Journal Square that would cost almost $1 billion to build, according to marketing materials. Up to 300 individuals who put $500,000 each into the project could be eligible for green cards under a US investment-for-immigration program called EB-5, the materials said. The China marketing push, being led by Mr. Kushner’s sister, Nicole Meyer, began in Beijing on Saturday and shifted to Shanghai on Sunday. It is the latest sign the Kushner family is looking to China for funding to support its US property development.