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The law says you have obtained to invest for 2 years and that is all (EB5 Regional Center Program). Second, at one of the stakeholders conferences place on by USCIS, I asked a question: Have you done any kind of 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 criticism that the money only has to continue to be spent for 2 years. Mr. Divine.






It is not any kind of less complicated necessarily than when it was in the conditions that brought about the international financiers being the finest choice for funding the important things in the initial area. However, hi, if it is a successful job, it generates income, and it can be offered, I do not see any kind of factor why the project ought to not be able to be marketed and for the capitalist to be able to realize the return of his financial investment, maybe get on his financial investment, similar to every other capitalist.

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If you have a project that is funded directly via the Immigrant Financier Program and it is believed to be using undocumented employees, Immigration and Customs Enforcement could explore the employer, could they not? Mr. Divine.


Mr. Divine. Every one of these employers is needed to complete the I-9 type, however USCIS goes an action even more and does a check of some kind that led to the situation that has actually been discussed. I am not a witness right here, yet I am so struck by Mr.

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


They will say, "We have actually got concerning 9 of us below, and we have been here given that 5 o'clock today, Mister." website [Laughter.] Chairman Leahy. Not fairly what a prohibited immigrant may be claiming. I think Mr. Stenger would certainly say that one of his British financiers was assuming, "Are we all talking the exact same language below?" Mr.


I asked Mr. Stenger this. Allow me ask you what your experience is as a previous agency official. What does it do if Congress keeps running up against a final reauthorization? In this instance it would 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 imply, the company basically is-- USCIS is a fee-funded agency, so it is essentially kind of running an organization and has to cover its expenses with the income that is produced. To run this program properly, USCIS requires to staff up in a huge method, managing the quantity that is currently there and preparing for the raised quantity of even more investment as we get also near fifty percent of the 10,000 visas that are readily available in this group.

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I imply, that has actually reached seem like a clashing scenario, and you would imagine that it is going to hold someone back. Currently, I am not saying that they are keeping back, and I understand that they are trying to staff up since I am sure they think and hope that the program will certainly be reauthorized for the advantage of the Nation.


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 policies of this program to make sure that everyone knows whether they can qualify or not and which type of jobs are mosting likely to certify etc? We require that constantly.


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