That buy your green card pitch by Kushner’s sister in China renews controversy over visas for the rich

If you had $300 during the Civil War you could avoid that first Draft by just paying the dough and walking away. No money, you could go to jail or possibly become one of the 620,000 Americans killed on the battlefields.

When it comes to citizenship, the rich don’t need to climb that wall or swim that Rio Grande, now they just put up money, $500,000 or more to be exact, to invest in some project in the U.S. and agree that somehow that will create ten new jobs.

Some 85% of all these “investment citizens” are from China. The deal is called EB-5 Visa, and not only can you become an American, but so can the wife and children – all for the same price.

By this criterion, anyone with enough money can buy citizenship. Poor folks need not apply.

The program was extended last week by President Donald Trump, even though he said he had qualms about it during the campaign last year. The day after he signed the extension, the Kushner organization was in Beijing, selling investments in the luxury apartment building, One Journal Square, that is set to be built next year in Jersey City. A brochure blasted:

“Invest $500,000 and immigrate to the United States.”

Nicole Kushner Meyer, Jared Kushner’s sister, conducted the presentation in Beijing, where she and her associates urged the Chinese to invest. Jared is married to President Trump’s daughter, Ivanka, and is an advisor who travels overseas on projects for the White House and makes presentations of himself. Nicole didn’t neglect to mention the name and position of her brother. Great to have an advisor to the President as your brother?

On Sunday, the Kushner Companies, where Meyer is a principal, said in an email that it “apologizes if that mention of her brother was in any way interpreted as an attempt to lure investors. That was not Ms. Meyer’s intention.” Besides,  Jared Kushner “stepped away from the company in January and has nothing to do with this project.”

Various reports from federal agencies have have called EB-5 a bureaucratic nightmare, prone to abuse. The Obama administration once proposed that the least-expensive investor visas go from $500,000 to $1.3 million, but didn’t follow through with Congress.

A White House spokesman said the administration would work with Congress to evaluate “wholesale reform” of the program, which might include “raising the price of the visa.” The Washington Post reported:

This year, a bipartisan group of legislators proposed changes that included making it more costly to participate and more difficult to defraud the government.

The changes included attempts to revive the program’s original intent of providing investment in rural and distressed urban areas in the United States. In recent years, developers have found ways to funnel investments to high-priced urban areas such as Manhattan by expanding the application area to include lower-income neighborhoods.

However, the two leaders of the reform effort, Senate Judiciary Committee Chairman Charles E. Grassley (R-Iowa), and Sen. Patrick J. Leahy (D-Vt.), said in a March 14 letter that the U.S. Chamber of Commerce and a real estate group were undercutting the reforms.

The senators wrote that the business organizations “may have recently agreed to a secretive backroom ‘deal’ that undercuts the many good faith efforts we have made during the past two years.” They said the business groups were trying to preempt their proposed reforms with “window dressing.”

Before his job in the White House Kushner raised $50 million from the program to help finance construction of Trump Bay Street, a 50-story apartment building in Jersey City, according to a Bloomberg report.

Kushner has promised to recuse himself from any administration decisions about the future of the program, a spokesman said.

Since I always thought most folks in China were poor, my research shows there are quite a few individuals who could afford not only $500,000, but $500,000,000 to become U.S. citizens: (links take you to Forbes descriptions of each individual)

Wang Jianlin $31.3 B 62 real estate
Jack Ma $28.3 B 52 e-commerce
Ma Huateng $24.9 B 45 internet media
William Ding $17.3 B 45 online games
Wang Wei $15.9 B 46 package delivery
Wang Wenyin $14 B 49 mining, copper
Robin Li $13.3 B 48 internet search
He Xiangjian $12.3 B 74 home appliances
Hui Ka Yan $10.2 B 58 real estate
Yang Huiyan $9 B 35 real estate
Yao Zhenhua $8.4 B 47 conglomerate
Zhang Zhidong $8.4 B 45 internet media
Liu Qiangdong $7.7 B 42 e-commerce
Zong Qinghou $7.2 B 71 beverages
Lei Jun $6.8 B 47 smartphones
Li Shufu $6.7 B 53 automobiles
Zhang Shiping $6.7 B 70 aluminum products
Liu Yongxing $6.6 B 68 agribusiness
Xu Shihui $6.6 B 59 snacks, beverages
Guo Guangchang $6.3 B 50 conglomerate
Pan Zhengmin $6 B 47 electronics
Xu Chuanhua $6 B 82 chemicals, logistics
Wei Jianjun $5.9 B 53 automobiles
Lu Guanqiu $5.7 B 72 conglomerate
Yan Zhi $5.7 B 44 real estate
Chan Laiwa $5.6 B 76 real estate
Lu Zhiqiang $4.8 B 64 real estate
Liu Yonghao $4.6 B 65 agribusiness
Wu Yajun $4.5 B 53 real estate
Tong Jinquan $4.4 B 62 real estate
Wang Wenxue $4.4 B 49 real estate
Sun Piaoyang $4.3 B 58 pharmaceuticals
Wang Chuanfu $4.2 B 51 batteries, automobiles
Ma Jianrong $4.1 B 53 textiles, apparel
Xu Bo $4.1 B 39 mobile games
Zhang Jindong $4.1 B 54 appliance retailer
Jason Jiang $4 B 44 advertising
Ji Changqun $3.9 B 49 real estate
Jia Yueting $3.8 B 44 online video
Liang Wengen $3.8 B 60 construction equipment
Huang Rulun $3.6 B 65 real estate
Frank Wang $3.6 B 36 drones
Yu Huijiao $3.6 B 51 package delivery
Zhou Jianping $3.6 B 56 fashion retail
Pang Kang $3.5 B 61 soy sauce maker
Che Jianxing $3.4 B 50 furniture retailing
Li Shuirong $3.4 B 60 petrochemicals
Sun Guangxin $3.4 B 54 diversified
Yu Yong $3.4 B 56 mining
Lin Xiucheng $3.3 B 61 electronics
Qiu Guanghe $3.3 B 65 fashion retail
Shi Yuzhu $3.3 B 54 online games, investments
Wang Yusuo $3.3 B 53 natural gas distribution
Jiang Bin $3.2 B 50 acoustic components
Nie Tengyun $3.2 B 41 logistics
Zhang Xin $3.2 B 51 real estate
Liu Zhongtian $3.1 B 53 aluminum products
Simon Xie $3.1 B 47 online payment service
Yang Kai $3.1 B 60 dairy products
Xiao Wenge $3 B 50 entertainment
Ke Zunhong $2.9 B 62 pharmaceuticals
Meisong Lai $2.9 B package delivery
Chanchai Ruayrungruang $2.9 B 63 real estate
Zhang Fan $2.9 B 51 biometrics
Zhang Xiaojuan $2.9 B 47 logistics
Chen Fashu $2.8 B 56 investments
Gao Tianguo $2.8 B 65 real estate, finance
Cai Kui $2.7 B 54 real estate
Cao Longxiang $2.7 B 59 pharmaceuticals
Huang Wei $2.7 B 57 real estate
Lu Xiangyang $2.7 B 54 automobiles, batteries
Wang Xicheng $2.7 B 68 tires
Lei Jufang $2.6 B 64 pharmaceuticals
Zhang Jing $2.6 B 45 diversified
Fu Liquan $2.5 B 49 surveillance equipment
Li Gaiteng $2.5 B 45 hair dryers
Wang Xing $2.5 B 44 e-commerce
Zhang Bangxin $2.5 B 37 after-school tutoring
Qiu Jianping $2.4 B 55 hand tools
Shen Guojun $2.4 B 54 retail
Chu Mang Yee $2.3 B 57 real estate
Feng Hailiang $2.3 B 56 copper, real estate
Jiang Rensheng $2.3 B 63 vaccine production
Liang Xinjun $2.3 B 49 conglomerate
Qi Shi $2.3 B 47 financial information
Song Zuowen $2.3 B 70 aluminum, diversified
Xu Jingren $2.3 B 72 pharmaceuticals
Yuan Yafei $2.3 B 53 retail, investments
Zhou Yaoting $2.3 B 74 apparel, real estate
Zhu Gongshan $2.3 B 59 solar panel materials
Du Jiangtao $2.2 B 47 chemicals
Fang Wei $2.2 B 43 steel
Hui Lin Chit $2.2 B 63 hygiene products
Ren Zhengfei $2.2 B 73 telecom equipment
Sun Xishuang $2.2 B 64 real estate
Sze Man Bok $2.2 B 67 hygiene products
Xue Xiangdong $2.2 B 58 software
Chen Bang $2.1 B 51 hospitals
Chen Dongsheng $2.1 B 59 insurance
Ding Shijia $2.1 B 53 sportswear
Ding Shizhong $2.1 B 46 sports apparel
Jiang Weiping $2.1 B 62 chemicals
Ni Zugen $2.1 B 60 appliances
Wu Zhigang $2.1 B 82 bakery chain
Xie Zhikun $2.1 B 56 investments
Zhang Li $2.1 B 64 real estate
Zhao Yan $2.1 B 50 real estate, finance
Zhou Chengjian $2.1 B 52 fashion retail
Kei Hoi Pang $2 B 51 real estate
Lam Kong $2 B 52 pharmaceuticals
Li Zhongchu $2 B 53 software
Qin Yinglin $2 B 52 pig breeding
Wu Lanlan $2 B 43 packaging
Zheng Yuewen $2 B 55 investments
Cai Dongqing $1.9 B 48 animation
Chen Hua $1.9 B 51 real estate
Chen Jianhua $1.9 B 46 chemicals
Gu Yuhua $1.9 B 67 furniture
Huang Zhenda $1.9 B 69 construction
Li Hejun $1.9 B 49 renewable energy
Lin Li $1.9 B 54 investments
Ren Jianhua $1.9 B 60 kitchen appliances
Wong Luen Hei $1.9 B 55 home building materials
Wu Guangming $1.9 B 55 medical equipment
Yi Zheng $1.9 B 46 software
Zhang Guiping $1.9 B 65 real estate
Zhu Xingliang $1.9 B 58 construction
An Kang $1.8 B 68 pharmaceuticals
Cai Wensheng $1.8 B 47 photo sharing app
Chen Dejun $1.8 B 46 package delivery
Chen Jinxia $1.8 B 49 investments
Geng Jianming $1.8 B 54 real estate
He Qiaonv $1.8 B 51 landscape architecture
Huang Hongyun $1.8 B 50 real estate
Miao Shouliang $1.8 B 62 real estate
Sun Qinghuan $1.8 B 44 lighting
Wang Changtian $1.8 B 52 TV, movie production
Chen Xiaoying $1.7 B 40 package delivery
He Simo $1.7 B 52 power supply manufacturer
Lin Jianhua $1.7 B 54 solar panel components
Shuai Fangwen $1.7 B 50 pharmaceuticals
Wang Jiufang $1.7 B 53 real estate
Wang Laichun $1.7 B 49 electronics components
Wang Laisheng $1.7 B 52 electronics components
Xiao Yongming $1.7 B 52 fertilizer
Yu Minhong $1.7 B 55 education
Zhu Baoguo $1.7 B 55 pharmaceuticals
Chen Qingzhou $1.6 B 51 communications equipment
Chen Xueli $1.6 B 66 pharmaceuticals
Cheung Yan $1.6 B 60 paper manufacturing
He Yamin $1.6 B 60 manufacturing
Li Li $1.6 B 53 pharmaceuticals
Ma Hong $1.6 B 49 fashion retail
Su Suyu $1.6 B 68 utilities, real estate
Wang Qingtao $1.6 B 55 steel smelting
Wen Pengcheng $1.6 B 54 agribusiness
Wong Kwong Yu $1.6 B 48 retail
Ye Cheng $1.6 B 55 conglomerate
Chen Liying $1.5 B 41 package delivery
Chen Qixing $1.5 B 57 electronics components
Dou Zhenggang $1.5 B 63 energy, chemicals
Fang Tonghua $1.5 B 54 pharmaceuticals
Fu Guangming $1.5 B 63 poultry
Hu Kaijun $1.5 B 55 pharmaceuticals
Huang Li $1.5 B 53 imaging systems
Huang Qiaoling $1.5 B 58 amusement parks
Huo Qinghua $1.5 B 55 coal
Jiang Xuefei $1.5 B 47 printed circuit boards
Ke Xiping $1.5 B 56 investments
Li Zongsong $1.5 B 49 pharmaceuticals
Liang Zhaoxian $1.5 B 52 appliances
Qi Jinxing $1.5 B 55 real estate
Shen Wenrong $1.5 B 71 steel production
Wang Miaotong $1.5 B 59 auto parts
Wang Wenjing $1.5 B 52 business software
Wu Yiling $1.5 B 67 pharmaceuticals
Zhang Jingzhang $1.5 B 81 precision machinery
Zhou Hongyi $1.5 B 46 security software
Cao Kejian $1.4 B 55 air compressors
Che Fengsheng $1.4 B 54 pharmaceuticals
Chen Dakui $1.4 B 65 shrink-wrap film
Chen Nianci $1.4 B 65 retail
Fu Mingkang $1.4 B 54 manufacturing
Gu Wei $1.4 B 52 consumer electronics
Han Tao $1.4 B 56 electronics components
Huang Wen Tsai $1.4 B 63 real estate
Huang Wenji $1.4 B 48 umbrellas
Ji Qi $1.4 B 50 hotels, motels
Jiang Wei $1.4 B 55 pharmaceuticals
Jiang Yehua $1.4 B 54 real estate
Liu Bing $1.4 B 48 retail
Liu Xuejing $1.4 B 66 copper, poultry
Lou Zhongfu $1.4 B 63 real estate
Peng Jianhu $1.4 B 60 tourism
Que Wenbin $1.4 B 53 pharmaceuticals
Wen Jianping $1.4 B 55 sewage treatment
Wu Daohong $1.4 B 51 energy services
Bao Hongxing $1.3 B agribusiness
Bo Shijiu $1.3 B 52 logsitics
Gao Don $1.3 B 52 power tools
Jiang Zhaobai $1.3 B 53 real estate
Li San Yim $1.3 B 67 manufacturing
Li Weiwei $1.3 B 40 online games
Liang Guangwei $1.3 B 53 conglomerate
Liang Yunchao $1.3 B 48 nutrition supplements
Liu Baolin $1.3 B 63 pharmacies
Liu Fuhai $1.3 B 62 textiles, energy
Liu Ruopeng $1.3 B 34 technology
Lu Di $1.3 B drones
Ma Xingtian $1.3 B 47 pharmaceuticals
Ma Xiuhui $1.3 B 46 LED lighting
Sun Shangchuan $1.3 B 53 electronics components
Wang Chaobin $1.3 B 61 real estate
Wang Han $1.3 B 29 airline
Wang Junjin $1.3 B 48 airline
Wu Xushun $1.3 B 69 internet, auto parts
Xu Qiming $1.3 B 53 food, art
Xu Ziquan $1.3 B 58 software
Zan Shengda $1.3 B 54 diversified
Chi Yufeng $1.2 B 46 software
Chu Jinfu $1.2 B 60 electrical equipment
Cui Genliang $1.2 B 59 electric components
Huang Qisen $1.2 B 52 real estate
Li Denghai $1.2 B 67 seed production
Li Rucheng $1.2 B 65 apparel
Li Tan $1.2 B 52 pharmaceuticals
Liu Xiaodong $1.2 B 49 flavorings
Ni Zhaoxing $1.2 B 61 real estate
Ruan Shuilong $1.2 B 81 chemicals
Shao Zhongyi $1.2 B 48 soybean trading
Su Weizhong $1.2 B 48 oil, fertilizers
Tang Jianfang $1.2 B packaged foods
Tian Ming $1.2 B 63 measuring instruments
Tse Ping $1.2 B 65 pharmaceuticals
Wang Jianfeng $1.2 B 47 auto parts
Wang Jing $1.2 B 44 telecom services
Wang Wenliang $1.2 B 62 shipping ports
Wang Yaohai $1.2 B 50 lighting
Wen Yibo $1.2 B 51 wastewater treatment
Yang Zhimao $1.2 B 54 utilities, real estate
Zeng Kaitian $1.2 B 42 online games
Zhang Wanzhen $1.2 B 67 advanced ceramics
Zhang Xinghai $1.2 B 54 machinery
Zhang Xiugen $1.2 B 56 automobiles
Zhang Yue $1.2 B 57 air conditioning
Zhang Zhangsun $1.2 B 60 real estate
Zhou Guohui $1.2 B 52 logistics
Zhu Wenchen $1.2 B 51 pharmaceuticals
Chen Baozhen $1.1 B 74 internet services
Chen Xiaxin $1.1 B 54 manufacturing
Chen Zuyuan $1.1 B real estate, pharmaceuticals
Cheng Xianfeng $1.1 B 48 pharmaceuticals
Cheng Xue $1.1 B 47 soy sauce
Ding Yuhua $1.1 B 68 tires
Dong Fan $1.1 B 47 medical devices
Fan Zhaoxia $1.1 B 49 photovoltaic equipment
Fu Kwan $1.1 B 59 real estate, diversified
Fu Meicheng $1.1 B 59 TV shows, movies
Gao Dekang $1.1 B 65 apparel
Hu Baifan $1.1 B 54 pharmaceuticals
Jin Huiming $1.1 B 64 real estate
Kong Jian Min $1.1 B 49 real estate
Li Dongjun $1.1 B logistics
Li Fucheng $1.1 B 71 agribusiness
Li Hongxin $1.1 B 64 paper & related products
Li Liufa $1.1 B 59 steel, diversified
Li Yong $1.1 B chemicals
Lin Yi $1.1 B real estate
Liu Shaoxi $1.1 B 53 real estate
Liu Zhenguo $1.1 B 52 sewage treatment
Lu Jonathan $1.1 B Alibaba
Ma Yunsheng $1.1 B 54 energy
Ou Zongrong $1.1 B 53 real estate
Pan Weiming $1.1 B 53 real estate
Lucy Peng $1.1 B 44 Alibaba
Shang Jiyong $1.1 B 49 tires, chemicals
Sun Shoukuan $1.1 B 67 metals. coal
Sun Yinhuan $1.1 B diversified
Wang Liping $1.1 B 51 hydraulic machinery
Wang Zhenghua $1.1 B 73 budget airline
Wang Zhenhua $1.1 B 55 real estate
Xia Dinghu $1.1 B 72 auto parts
Xiao Chunhong $1.1 B 49 real estate
Swift Xie $1.1 B drones
Xiu Laigui $1.1 B 62 pharmaceuticals
Xu Xiong $1.1 B 45 driving schools
Yang Keng $1.1 B 56 real estate
Yao Liangsong $1.1 B 52 furniture
Zhang Daocai $1.1 B 67 valves
Zhang Desheng $1.1 B 67 manufacturing
Zhao Weiguo $1.1 B 50 technology
Zhao Xiaoqiang $1.1 B 50 fashion, entertainment
Zheng Jianjiang $1.1 B 56 electrical equipment
Zhou Mingjie $1.1 B 59 lighting installations
Zhou Yifeng $1.1 B 48 chemicals
Zhou Yunjie $1.1 B 55 packaging
Ao Xiaoqiang $1 B 53 electrical equipment
Chen Jiancheng $1 B 58 manufacturing
He Zhiping $1 B 53 investments
Hua Yong $1 B 53 software
Li Yihai $1 B 54 pharmaceuticals
Liao Chang $1 B 50 wine
Liu Canglong $1 B 62 conglomerate
Liu Hanyuan $1 B 53 agribusiness
Liu Jianjun $1 B 56 mining
Liu Ming Hui $1 B 54 natural gas distribution
Liu Zhendong $1 B industrial parks
Mi Enhua $1 B 59 retail
Nan Cunhui $1 B 53 power equipment
Eric Ya Shen $1 B 46 online apparel retail
Wang Jinshu $1 B 60 chemicals
Wang Junmin $1 B 48 pharmaceuticals
Wang Qunbin $1 B 47 conglomerate
Wang Yong $1 B 66 food sweeteners
Wei Shaojun $1 B 54 real estate
Yao Xinyi $1 B 52 air conditioning
Zhang Changhong $1 B 59 financial information service
Zhang Cheng Fei $1 B 49 paper & related products
Zhou Yifeng $1 B 38 liquefied petroleum gas

2 responses

  1. Reblogged this on Brittius and commented:
    In today’s global economy, a million, is chump change.
    Anyone who says that money cannot buy happiness, has never had, enough money. Money talks.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: