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However the legislation claims you have actually got to spend for 2 years which is all. Second, at one of the stakeholders meetings place on by USCIS, I asked an inquiry: Have you done any study on exactly how much money stays beyond the 2 years? And the solution was no


Legislator Grassley. Thank you, Mr. Chairman. I want to have a second round. Chairman Leahy. Definitely. Let me just ask, Mr. Divine, you hear this criticism that the cash only needs to stay invested for 2 years. Has that been your experience? Mr. Divine. If money gets placed right into a hotel, as I was starting to describe earlier, the developer of that project would certainly need to have the ability to find someone to buy the hotel or would need to have the ability to discover someone to re-finance it with various other money.

It is not any much easier always than when it remained in the conditions that resulted in the foreign capitalists being the most effective choice for financing the point to begin with. But, hey, if it is a successful job, it generates income, and it can be offered, I do not see any type of reason the project ought to not be able to be offered and for the investor to be able to understand the return of his financial investment, possibly gain on his investment, similar to every other capitalist.

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If you have a project that is moneyed directly via the Immigrant Financier Program and it is believed to be using undocumented workers, Immigration and Traditions Enforcement could investigate the company, could they not? Mr. Divine.


Mr. Divine. Every one of these employers is required to complete the I-9 kind, however USCIS goes an action even more and does a check of some kind that led to the instance that has been pointed out. I am not a witness here, but I am so struck by Mr.

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

They will say, "We have got concerning 9 people below, and we have actually been here since 5 o'clock this early morning, Mister." [Giggling.] Chairman Leahy. Not fairly what an illegal alien may be claiming. Actually, I assume Mr. Stenger would certainly state that one of his British investors was assuming, "Are all of us talking the exact same language here?" Mr.


I asked Mr. Stenger this. Let me ask you what your experience is as a former company authorities. What does it do if Congress keeps meeting a last-minute reauthorization? In this instance it would be, I believe, September of next year, September of 2012. What does that do to a company attempting to provide a program if Congress waits until the last few days to reauthorize it? What is the functional result? Mr.

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I imply, the agency in impact is-- USCIS is a fee-funded company, so it is essentially type of running a service and needs to cover its expenses with the income that is generated. To run this program correctly, USCIS needs to staff up in a big way, dealing with the volume that is already there and anticipating the increased volume of even more investment as we obtain also near to half of the 10,000 visas that are offered in this classification.

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I indicate, that has actually obtained to feel like a clashing scenario, and you would certainly envision that it is mosting likely to hold someone back. Now, I am not saying that they are keeping back, and I know more info that they are trying to staff up since I am sure they believe and wish that the program will certainly be reauthorized for the benefit of the Nation.


And is that truly where they are going to be able to spend their time and resources in trying to get rid of up the guidelines of this program so that everybody understands whether they can certify or not and which kinds of tasks are mosting likely to qualify etc? We need that continually.


And, Mr. Stenger, we in Vermont-- once more, a tiny State, but we have the State government included with the Vermont Regional. Mr. Stenger.