Summary: “The Kushner family hopes to lure investments from wealthy business owners in China with the promise of American visas.” An EB-5 visa makes it eligible for immigrants to obtain a green card “if they invest more than $500,000 in a project that creates jobs in the U.S.” This program is beneficial to the U.S. and is used primarily by wealthy Chinese nationals There was rumor that the investment amount may rise, so the Kushner family needed to act quickly. Jared Kushner joined as CEO of the family company in 2008 and is now an advisor to president Trump. Jared has now put his investments in the Journal Project and will remove himself from the EB-5 program matters.
Analysis: This article introduces the benefits and challenges of participating in the EB-5 visa program. Immigration has been a topic of conflict with Trump’s presidency, but here he seems to have made good connections with foreign businesses. It’s an issue for many since the investment needed of $500,000 is high and may be rising, so the number of people who chose to participate is limited. Immigration quotas in the past have limited Asian nation immigration and here we can see that there might be a decrease of these immigrants soon.
http://money.cnn.com/2017/05/06/news/jared-kushner-nicole-family-event/index.html
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