This whole story is worth reading, but here are some highlights.
Over several hours of slide shows and presentations, representatives from the Kushner family business urged Chinese citizens gathered at a Ritz-Carlton hotel to consider investing hundreds of thousands of dollars in a New Jersey luxury apartment complex that would help them secure what’s known as an investor visa.
The tagline on a brochure for the event: “Invest $500,000 and immigrate to the United States.”
While [Jared] Kushner has reported divesting from elements of the family business, including the specific project that his sister pitched in Beijing, the session Saturday demonstrated that the company is perceived as enjoying close ties to the Trump administration. Ethics laws prohibit government officials from profiting personally from their public-sector work.
Watchdogs and ethics experts on Saturday criticized the Beijing event as an attempt to cash in on Kushner’s newfound proximity to power.
“It’s incredibly stupid and highly inappropriate,” said Richard Painter, the former chief White House ethics lawyer in President George W. Bush’s administration, who has become a vocal critic of the Trump administration. “They clearly imply that the Kushners are going to make sure you get your visa. . . . They’re [Chinese applicants] not going to take a chance. Of course they’re going to want to invest.”
And the kicker? China doesn’t even like this program.
The program has been extremely popular among rich Chinese, who call it the “golden visa” and are eager to get their families — and their wealth — out of the country. The fact that some use it to move their money out illegally, however, has made the program unpopular with the Chinese authorities.
Perhaps someone from our delegation could request an Ethics review of this?