A reception in Shanghai promoting investment in a development by a company connected to US President Donald Trump's son-in-law, Jared Kushner. The event promoted the US EB-5 visa programme that offers residence in the US in return for investment, a scheme that attracted tens of thousands of Chinese. Photo: AP

Why Chinese are spending US$24 billion to buy the right to live overseas

US EB-5 residence-for-investment visas the first choice for the wealthy concerned about education, pollution, stressed lifestyles and insecurity at home, but risks of fraud dog the programme

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A reception in Shanghai promoting investment in a development by a company connected to US President Donald Trump's son-in-law, Jared Kushner. The event promoted the US EB-5 visa programme that offers residence in the US in return for investment, a scheme that attracted tens of thousands of Chinese. Photo: AP
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