Journalists blocked from event where Trump′s in-laws seek Chinese investors | News | DW.COM | 07.05.2017

Journalists were barred Sunday from a publicly advertised event in Shanghai aimed at luring Chinese investors into a US real estate project tied to the family of President Donald Trump’s son-in-law, in exchange for immigrant visas.The project – a two-tower luxury apartment complex known as One Journal Square in Jersey City, New Jersey,  just 3 miles (5 km) from Manhattan – is being pursued by the KABR Group and the Kushner Companies, which until recently was led by senior White House adviser Jared Kushner, the husband of Trump’s oldest daughter, Ivanka.The developers are trying to raise $150 million (135 million euros), or 15 percent of funding for the project. To sweeten the deal the developers are offering investors EB-5 immigrant visas in exchange, according to marketing material by the event’s organizer – the Qiaowai immigration agency.The controversial EB-5 visa program effectively allows wealthy foreigners to buy US immigration visas for themselves and their 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.

Source: Journalists blocked from event where Trump′s in-laws seek Chinese investors | News | DW.COM | 07.05.2017