Nicole Meyer, Mr. Kushner’s sister, is currently in China asking Chinese investors for $150 million in capital for the purpose of constructing a building in the state of New Jersey under the U.S. government’s Eb-5 program.
“[This project] means a lot to me and my entire family.” She mentioned her brother’s service as chief executive of Kushner Companies, the family business from which he resigned in January, saying he had left to serve in the Trump administration.”
The Eb-5 program is popular in China because it’s an easy path for American citizen for wealthy Chinese. It’s also popular, in general, because American real estate professionals are generally exempted from reporting money laundering activity (however, this is changing due to a lot of bad behavior).
The proposed investment project, “Kushner 1″, in the Journal Square area of Jersey City, New Jersey listed him as a manager of the project prior him to his commencement of work at the Trump White House.