Foreigners Invest in Jersey City Luxury Apartments and Get a Green Card

When it comes to immigration law in the United States, President Donald Trump seems to want to keep anyone of a foreign nationality outside of the country. Luxury apartments in Jersey City are not for foreigners, even if they have the funds to pay the monthly rent. Trump wants to keep certain nationalities from entering the country, but it seems a recent tactic by someone associated with the Trump family has other plans.

Nicole Kushner Meyer is the sister of Jared Kushner, the son-in-law of Trump. Meyer was in China earlier in May to urge citizens of the country to invest in a program for New Jersey that is currently being managed by the family’s real estate company. Meyer basically wants big investments from Chinese nationals, and will be providing a green card of sorts to those who invest.

Known as the EB-5 investor program, foreigners are allowed to push past the long immigration process in return for an investment of $500,000 in properties located in the United States. The program is offered only to the wealthy so they can live in the United States without having to go through the complicated process of immigration.

The investor program was actually extended one day before the trip to China by Meyer after Trump signed the bill into law. Trump is a strong supporter of restricting immigration policies so it seems odd he would continue this program, especially signing the bill right before Meyer’s trip. In the pitch by Meyer, investors were encouraged to put their money into a luxury apartment building similar to The One Jersey City. By helping with the creation of two bedroom apartments for rent, the investors would be given resident status.

This seems a little backward and unfair, especially considering the strict regulations Trump wishes to see in place in regards to immigration.

More Options Available for Luxury Rentals in Jersey City

More choices for luxury rentals in Jersey City

Historic Downtown proves to be the most sought-after place to live in Jersey City. The area, comprised of 300 restaurants, cafes, and bars, provides residents with a rich culinary and active nightlife scene. The 19th century brownstones of Downtown Jersey City attract a variety of residents to this trendy gem.

Luxury rentals in Jersey City are all the rage. Blink and look…over there…there’s another luxury apartment complex opening for new residents in Jersey City. Let’s take a look at three of the newer luxury rentals in Historic Downtown Jersey City and see what each has to offer.

RUSHMORE Apartments – Completed March 2017, RUSHMORE is a five-story, 18 unit modern luxury rental community in Historic Downtown Jersey City located at 17 Division St, Jersey City, NJ, and managed by Pure Properties. Massive nine-foot by eight-foot energy efficient windows offer an environmentally-friendly way to invite natural light to flood every square inch. Modern and open kitchens outfitted with GE stainless steel appliances compliment abundant cabinet space and peninsula island breakfast bar seating for maximized use of the space. Also included is an in-unit washer-dryer, 10-foot ceilings, hardwood floors and Quartz countertops. The first-floor units have private backyards which is perfect for those with pets. RUSHMORE offers 1 and 2 bedroom units with the 2 bedroom renting for $3,100 per month.

Ellipse Apartments  Ellipse consists of 41 stories of luxurious Jersey City waterfront apartment living in 381 apartments at 25 Park Lane South, Jersey City, NJ. It offers a state-of-the-art fitness center overlooking the Hudson, expansive outdoor pool deck, deluxe game room, outdoor pool and terrace that comes with a barbecue area and a fire pit, a children’s playroom and a co-working multipurpose lounge. Prices start at $2,600 per month for a studio, with three-bedrooms starting at $5,300 per month. Penthouse units start at $5,721 per month for a three-bedroom and at $8,211 per month for a four-bedroom.

The One Apartments  The One is located at 110 First Street, Jersey City, NJ, and has breath-taking views of Manhattan and the Hudson River. The One is pet friendly and offers a 24-hour attended lobby, cold storage for grocery delivery, live-in superintendent, media theater room, game room with ping pong and pool tables, golf simulator, children’s playroom, outdoor swimming pool with sundeck and cabanas, and a fitness center with cardio machines, free weights and weight machines. Studio, one, and two bedroom residences, some with private terraces, are filled with abundant light and many with spectacular views. Interiors feature elegant finishes including quartz countertops, hardwood floors and stainless steel appliances. The One has rental units ranging from 607-764 square feet for a studio starting at $2,775 – $2,895 and 1 bedroom from $3,375 to $3,525 per month.

Known as New York City’s “Sixth Borough,” beautiful Jersey City has recently received significant notoriety with real estate blog, Curbed, crowning it “New York City’s Neighborhood of the Year,” and Elle Magazine naming it the #1 place to live, work and play in the country.