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However the legislation claims you have actually obtained to spend for 2 years and that is all. Second, at one of the stakeholders conferences place on by USCIS, I asked a question: Have you done any research on just how much money remains past the 2 years? And the solution was no


Thank you, Mr. Chairman. Let me just ask, Mr. Divine, you hear this objection that the cash only has to stay invested for 2 years. Mr. Divine.

It is none less complicated necessarily than when it remained in the conditions that led to the international investors being the very best choice for financing things in the initial place. However, hi, if it is an effective task, it makes money, and it can be sold, I do not see any type of reason that the job must not be able to be marketed and for the financier to be able to realize the return of his financial investment, perhaps obtain on his investment, similar to every other financier.

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If you have a job that is funded directly through the Immigrant Investor Program and it is thought to be utilizing undocumented workers, Migration and Customs Enforcement could investigate the employer, could they not? Mr. Divine. They could. I imply, I think what we require to realize likewise is that the case that is being pointed out as evidence that often these projects have actually employed an unauthorized employee is one in which USCIS did some kind of monitoring and figured out that the worker was not accredited and quit it.


Mr. Divine. Every one of these companies is called for to finish the I-9 type, however USCIS goes a step further and does a check of some kind that led to the instance that has actually been pointed out. I am not a witness right here, but I am so struck by Mr.

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I mean, I recommend that all of you actually-- Mr. North, in your case, instance out obtain inside the Beltway and go up there and talk with speak of these people.

They will certainly say, "We have actually got concerning 9 people here, and we have actually been right here because 5 o'clock this morning, Mister." [Laughter.] Chairman Leahy. Not quite what a prohibited immigrant may be claiming. I think Mr. Stenger would certainly claim that one of his British capitalists was thinking, "Are we all talking the same language right here?" Mr.


I asked Mr. Stenger this. Allow me ask you what your experience is as a former company official. What does it do if Congress keeps meeting a last-minute reauthorization? In this situation it would certainly be, I think, September of following year, September of 2012. What does that do to an agency trying to carry out a program if Congress waits until the last few days to reauthorize it? What is the sensible effect? Mr.

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I indicate, the company in impact is-- USCIS is a fee-funded company, so it is essentially sort of running a business and has to get more info cover its expenses with the income that is produced. To run this program correctly, USCIS requires to staff up in a large means, handling the volume that is currently there and preparing for the raised quantity of even more financial investment as we get back at near to half of the 10,000 visas that are offered in this classification.

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I suggest, that has actually reached seem like a clashing situation, and you would visualize that it is going to hold someone back. Currently, I am not claiming that they are holding back, and I know that they are trying to staff up since I make sure they believe and hope that the program will be reauthorized for the benefit of the Nation.


And is that truly where they are mosting likely to have the ability to spend their time and resources in trying to improve the policies of this program to make sure that everyone recognizes whether they can certify or not and which type of jobs are mosting likely to qualify and so forth? We need that continuously.


And, Mr. EB5 Regional Center Program. Stenger, we in Vermont-- once more, a little State, however we have the State government included with the Vermont Regional Center. Does that include advantages to Vermont's program? Mr. Stenger. The reality that the State of Vermont is the local center administrator, and actually I think you would call it the owner of the local facility, has actually been an incredible benefit.