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However the regulation claims you have actually reached spend for 2 years which is all. Second, at one of the stakeholders meetings place on by USCIS, I asked a question: Have you done any study on how much money remains beyond the 2 years? And the answer was no


Senator Grassley. Thank you, Mr. Chairman. I would love to have a 2nd round. Chairman Leahy. . Allow me simply ask, Mr. Divine, you hear this objection that the money only has to stay invested for 2 years. Has that been your experience? Mr. Divine. If money obtains taken into a hotel, as I was beginning to clarify earlier, the programmer of that job would need to have the ability to discover somebody to buy the resort or would certainly need to have the ability to discover somebody to re-finance it with various other money.






It is not any kind of easier always than when it was in the problems that resulted in the international financiers being the ideal choice for funding the important things to begin with. Hi there, if it is a successful task, it makes money, and it can be offered, I do not see any kind of reason why the project should not be able to be sold and for the financier to be able to understand the return of his investment, perhaps obtain on his financial investment, simply like every various other capitalist.

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If you have a task that is moneyed directly with the Immigrant Investor Program and it is thought to be employing undocumented employees, Migration and Customs Enforcement could check out the employer, could they not? Mr. Divine.


Mr. Divine. Every one of these companies is required to finish the I-9 kind, however USCIS goes an action additionally and does a check click here of some kind that led to the case that has been pointed out. I am not a witness below, but I am so struck by Mr.

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


They will certainly say, "We have actually got about nine people here, and we have actually been here considering that 5 o'clock this morning, Mister." [Giggling.] Chairman Leahy. Not rather what an illegal alien could be claiming. I assume Mr. Stenger would claim that one of his British investors was believing, "Are we all speaking the exact same language here?" Mr.


I asked Mr. Stenger this. Let me ask you what your experience is as a previous agency official. What does it do if Congress maintains meeting a final reauthorization? In this case it would be, I believe, September of following year, September of 2012. What does that do to an agency trying to carry out a program if Congress waits up until the last couple of days to reauthorize it? What is the sensible effect? Mr.

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I mean, the agency effectively is-- USCIS is a fee-funded agency, so it is essentially kind of running a service and has to cover its expenses with the income that is generated. To run this program correctly, USCIS needs to staff up in a large means, handling the volume that is already there and anticipating the enhanced volume of even more financial investment as we get back at near fifty percent of the 10,000 visas that are readily available in this group.

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I suggest, that has actually reached seem like a contrasting scenario, and you would envision that it is mosting likely to hold somebody back. Now, I am not stating that they are keeping back, and I recognize that they are attempting to staff up due to the fact that I am sure they think and wish that the program will certainly be reauthorized for the advantage of the Country.


And is that actually where they are mosting likely to have the ability to spend their time and resources in trying to clean up the guidelines of this program to make sure that everybody understands whether they can certify or not and which type of jobs are going to qualify and so forth? We require that consistently.


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