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But the law says you have got to spend for 2 years and that is all. Second, at one of the stakeholders conferences put on by USCIS, I asked a concern: Have you done any kind of study on just how much cash stays beyond the 2 years? And the response was no


Senator Grassley. Thank you, Mr. Chairman. I wish to have a 2nd round. Chairman Leahy. . Allow me simply ask, Mr. Divine, you hear this objection that the money just needs to continue to be invested for 2 years. Has that been your experience? Mr. Divine. If money gets placed into a hotel, as I was starting to discuss earlier, the designer of that task would have to be able to find someone to get the resort or would certainly need to be able to find someone to refinance it with other money.






It is none less complicated necessarily than when it remained in the problems that led to the foreign investors being the most effective alternative for financing the important things to begin with. Hi there, if it is a successful job, it makes cash, and it can be marketed, I do not see any type of reason why the task ought to not be able to be sold and for the investor to be able to understand 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 project that is moneyed directly with the Immigrant Capitalist Program and it is believed to be using undocumented workers, Immigration and Traditions Enforcement could check out the company, could they not? Mr. Divine. They could. I imply, I think what we require to understand likewise is that the situation that is being pointed out as evidence that in some cases these tasks have hired an unauthorized worker is one in which USCIS did some kind of monitoring and identified that the employee was not authorized and quit it.


Mr. Divine. Every one of these employers is needed to finish the I-9 kind, but USCIS goes a step additionally and does a check of some kind that led to the instance that has actually been pointed out. I am not a witness here, however I am so struck by Mr.

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I mean, Imply recommend that suggest of you actually-- Really North, in your case, get out from inside the Beltway and go up there and talk with chat of these people.


They will say, "We have got concerning 9 of us here, and we have been below because 5 o'clock this morning, Mister." [Laughter.] Chairman Leahy. Not fairly what an illegal immigrant may be saying. I believe Mr. Stenger would claim that one of his British financiers was thinking, "Are we all talking the very same language right here?" Mr.


I asked Mr. Stenger this. Allow me ask you what your experience is as a previous firm authorities. What does it do if Congress maintains tasting a final reauthorization? In this case it would be, I think, September of following 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 useful impact? Mr.

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I mean, the company basically is-- USCIS is a fee-funded company, so it is essentially type of running an organization and needs to cover its expenditures with the earnings that is created. To run this program correctly, USCIS needs to staff up in a large means, dealing with the volume that is already there and preparing for the raised volume of even more investment as we get also near half of the 10,000 visas that are offered in this category.

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I indicate, that has obtained to seem like a clashing circumstance, and you would certainly imagine that it is going to hold someone back. Currently, I am not stating 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 of the Nation.


And is that really where they are mosting likely to be able to spend their time and resources in attempting to improve the guidelines of this program so that everybody recognizes whether they can qualify or otherwise and which sort of projects are mosting likely to certify and so forth? get more info We need that continuously.


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