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Yet the law says you have actually reached invest for 2 years which is all. Second, at one of the stakeholders meetings put on by USCIS, I asked a concern: Have you done any kind of research on just how much money stays beyond the 2 years? And the response was no


Legislator Grassley. Thanks, Mr. Chairman. I want to have a second round. Chairman Leahy. Absolutely. Let me simply ask, Mr. Divine, you hear this criticism that the cash only has to stay spent for 2 years. Has that been your experience? Mr. Divine. If money gets placed right into a resort, as I was starting to clarify earlier, the programmer of that task would certainly need to have the ability to find somebody to buy the resort or would certainly have to be able to find somebody to re-finance it with various other cash.






It is not any type of less complicated always than when it was in the problems that brought about the foreign investors being the very best alternative for funding the thing in the first area. Hi there, if it is a successful task, it makes money, and it can be marketed, I do not see any factor why the project need to not be able to be sold and for the capitalist to be able to realize the return of his financial investment, maybe get on his investment, just like every various other investor.

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If you have a task that is funded directly via the Immigrant Investor Program and it is thought to be employing undocumented employees, Migration and Traditions Enforcement could explore the employer, could they not? Mr. Divine. They could. I imply, I assume what we require to understand additionally is that the situation that is being cited as evidence that sometimes these tasks have actually hired an unauthorized employee is one in which USCIS did some sort of checking and determined that the employee was not licensed and stopped it.


Chairman Leahy. Yet that would coincide with any business. Mr. Divine. Every one of these companies is required to finish the I-9 form, however USCIS goes a step additionally and does a check of some kind that resulted in the case that has been mentioned. Chairman Leahy. I am not a witness right here, but I am so struck by Mr.


I suggest, I recommend that every one of you actually-- Mr. North, in your situation, obtain out from inside the Beltway and increase there and chat with a few of these individuals. For one thing, you do not have way too many prohibited immigrants who quite have the Vermont accent you hear around there, specifically when they speak about their grandparents who live there, and parents and so forth.


They will claim, "We have actually got concerning 9 of us below, and we have been here given that 5 o'clock today, Mister." [Laughter.] Chairman Leahy. Not fairly what an illegal alien could be stating. I believe Mr. Stenger would certainly claim that one of his British investors was assuming, "Are we all speaking the same language here?" Mr.


I asked Mr. Stenger this. Allow me ask you what your experience is as a previous company authorities. What does it do if Congress maintains tasting 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 click here attempting to administer a program if Congress waits up until the last couple of days to reauthorize it? What is the useful impact? Mr.

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I indicate, the firm basically is-- USCIS is a fee-funded agency, so it is basically kind of running a service and needs to cover its expenditures with the revenue that is created. To run this program correctly, USCIS requires to staff up in a big method, handling the volume that is already there and expecting the raised volume of more investment as we get back at near fifty percent of the 10,000 visas that are available in this classification.

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I indicate, that has actually reached seem like a contrasting situation, and you would imagine that it is going to hold somebody back. Now, I am not claiming that they are holding back, and I understand that they are attempting to staff up because I make sure they believe and really hope that the program will certainly be reauthorized for the advantage of the Country.


And is that really where they are mosting likely to be able to spend their time and resources in trying to remove up the policies of this program to make sure that everybody knows whether they can qualify or otherwise and which kinds of jobs are going to certify etc? We require that consistently.


And, Mr. Stenger, we in Vermont-- again, a tiny State, yet we have the State federal government entailed with the Vermont Regional. Mr. Stenger.