Kushners tap China’s $24B ‘golden visa’ market

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Trump’s name already appears on another New Jersey residential tower, Trump Bay Street, built with the help of EB-5 funding. And one month before the November election, an ad appeared on a Chinese website catering to foreigners seeking a “white American to join our team” for a new project: “A 200 million dollar hotel developed by The Trump Organization in Austin.” A brochure posted online described Trump as the “king of real estate” and included a photo of him giving a speech.

White House press secretary Sean Spicer this month said Kushner would follow government policies on potential conflicts of interest, and that Trump and Congress would review “all the various visa programs and whether or not they are serving the purpose that they were intended to.”

The AP obtained data from officials in 13 countries on how many Chinese have used their investor programs since 2007. To estimate money spent, the AP multiplied the numbers of Chinese investors in each country by the minimum investment required, making the figures an undercount.