Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

unhappycamper

(60,364 posts)
Wed Mar 9, 2016, 07:33 AM Mar 2016

Chinese funding Trump-branded project

http://atimes.com/2016/03/chinese-funding-trump-branded-project/

Chinese funding Trump-branded project
By Asia Unhedged on March 8, 2016

One of the foundations of Donald Trump’s campaign for US president is attacks on China.

~snip~

However, Trump Bay Street, a 50-story luxury rental apartment building in Jersey City, N.J. is basically selling expedited visas to wealthy people willing to invest in the project, according to a Bloomberg report. The building, which is branded with Trump’s name, is being built by his son-in-law.

The project is using a controversial US government visa program, known as EB-5, to raise tens of millions of dollars, by offering expedited visas to foreign investors.

Under EB-5, foreigners who invest at least $500,000 in a project promising to create jobs can receive a two-year visa with a good chance of obtaining permanent residency for them and their families. In 2014, the US issued 10,692 of these visas — 85% to people from China.
2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Chinese funding Trump-branded project (Original Post) unhappycamper Mar 2016 OP
One thing you can say about Oligarchs monicaangela Mar 2016 #1
Cash for a visa comes under deal making. Eugene Mar 2016 #2

monicaangela

(1,508 posts)
1. One thing you can say about Oligarchs
Wed Mar 9, 2016, 07:40 AM
Mar 2016

They do stick together. When will we, the middle class and the poor ban together and defeat them? After all, there are many, many more of us than them.

Eugene

(61,595 posts)
2. Cash for a visa comes under deal making.
Wed Mar 9, 2016, 08:22 AM
Mar 2016

And Mr. Drumpf is such an excellent deal-maker. So we've been told.
The white nationalists that support him may not like the optics though.

Latest Discussions»Issue Forums»Foreign Affairs»Chinese funding Trump-bra...