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However the law says you have actually reached invest 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 type of study on how much cash stays beyond the 2 years? And the answer was no


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






It is not any type of much easier necessarily than when it was in the conditions that caused the international financiers being the finest choice for financing the point to begin with. But, hello, if it is a successful task, it generates income, and it can be sold, I do not see any kind of reason that the task must not be able to be sold and for the financier to be able to realize the return of his financial investment, perhaps acquire on his financial investment, much like every other investor.

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If you have a project that is moneyed directly via the Immigrant Investor Program and it is thought to be utilizing undocumented employees, Immigration and Customs Enforcement could examine the company, could they not? Mr. Divine. They could. I suggest, I assume what we need to realize also is that the instance that is being mentioned as evidence that sometimes these projects have actually employed an unauthorized worker is one in which USCIS did some type of checking and determined that the worker was not authorized and stopped it.


Chairman Leahy. However that would certainly coincide with any type of business. Mr. Divine. Every one of these companies is called for to finish the I-9 form, however USCIS goes a step even more and does a check of some kind that led to the instance that has been discussed. Chairman Leahy. I am not a witness below, but I am so struck by Mr.


I suggest, I recommend that every one of you in fact-- Mr. North, in your instance, go out from inside the Beltway and increase there and chat with some of these individuals. For something, you do not have a lot of illegal aliens that quite have the Vermont accent you listen to around there, especially when they discuss their grandparents that live there, and parents and so forth.


They will certainly say, "We have got regarding nine of us here, and we have been here since 5 o'clock this early morning, Mister." [Giggling.] Chairman Leahy. Not rather what an illegal alien may be stating. As a matter of fact, I believe Mr. Stenger would claim that a person of his British investors was believing, "Are most of Click This Link us talking the exact same language here?" Mr.


I asked Mr. Stenger this. Let me ask you what your experience see here now is as a former firm authorities. What does it do if Congress keeps tasting a final reauthorization? In this situation it would be, I assume, September of following year, September of 2012. What does that do to a firm attempting to provide a program if Congress waits till the last few days to reauthorize it? What is the practical result? Mr.

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I mean, the firm essentially is-- USCIS is a fee-funded firm, so it is basically type of running a company and has to cover its expenditures with the income that is generated. To run this program properly, USCIS needs to staff up in a large method, managing the quantity that is already there and preparing for the boosted quantity of even more investment as we get also near to half of the 10,000 visas that are offered in this classification.

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I imply, that has actually got to seem like a contrasting situation, and you would certainly picture that it is mosting likely to hold somebody back. Currently, I am not saying that they are keeping back, and I recognize that they are trying to staff up due to the fact that I make certain they believe and really hope that the program will be reauthorized for the advantage go to this website of the Nation.


And is that actually where they are mosting likely to be able to invest their time and resources in trying to clear up the guidelines of this program to make sure that everybody understands whether they can certify or not and which type of tasks are mosting likely to qualify and so forth? We require that constantly.


And, Mr. Stenger, we in Vermont-- once more, a little State, but we have the State government involved with the Vermont Regional. Does that include benefits to Vermont's program? Mr. Stenger. The reality that the State of Vermont is the regional center administrator, and actually I presume you would call it the owner of the regional center, has been an incredible benefit.