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Yet the law states you have obtained to 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 kind of study on just how much money stays beyond the 2 years? And the answer was no


Legislator Grassley. Thank you, Mr. Chairman. I wish to have a second round. Chairman Leahy. . Allow me simply ask, Mr. Divine, you hear this objection that the cash only has to stay spent for 2 years. Has that been your experience? Mr. Divine. If money gets taken into a resort, as I was starting to explain earlier, the programmer of that job would certainly need to be able to discover someone to buy the resort or would need to be able to find someone to re-finance it with other money.






It is none simpler always than when it was in the problems that caused the international financiers being the best alternative for financing the important things to begin with. Hi, if it is a successful task, it makes money, and it can be sold, I do not see any reason why the task ought to not be able to be marketed and for the capitalist to be able to understand the return of his financial investment, maybe acquire on his financial investment, just like every other capitalist.

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If you have a project that is funded straight via the Immigrant Capitalist Program and it is thought to be utilizing undocumented workers, Migration and Traditions Enforcement could check out the company, could they not? Mr. Divine.


Mr. Divine. Every one of these employers is required to finish the I-9 form, yet USCIS goes a step 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, however I am so struck by Mr.

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


They will state, "We have actually got regarding 9 people below, and we have actually been right here considering that 5 o'clock today, Mister." [Laughter.] Chairman Leahy. Not rather what an illegal alien could be claiming. In reality, I assume Mr. Stenger would certainly say that one of his British capitalists was assuming, "Are all of us speaking the very same more info language here?" Mr.


I asked Mr. Stenger this. Allow me ask you what your experience is as a former company official. What does it do if Congress keeps meeting a last-minute reauthorization? In this instance it would be, I assume, September of next year, September of 2012. What does that do to a company attempting to administer a program if Congress waits till the last few days to reauthorize it? What is the useful effect? Mr.

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I mean, the agency 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 revenue that is created. To run this program correctly, USCIS requires to staff up in a large way, handling the volume that is already there and expecting the boosted quantity of even more investment as we obtain even close to fifty percent of the 10,000 visas that are available in this group.

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I mean, that has actually obtained to seem like a clashing scenario, and you would visualize that it is going to hold someone back. Currently, I am not stating that they are keeping back, and I know that they are trying to staff up because I make certain they think and really hope that the program will be reauthorized for the benefit of the Country.


And is that truly where they are mosting likely to be able to invest their time and sources in trying to get rid of up the rules of this program to ensure that everybody knows whether they can qualify or not and which type of jobs are mosting likely to certify etc? We need that continuously.


And, Mr. Stenger, we in Vermont-- once more, a little State, but we have the State federal government included with the Vermont Regional. Does that include advantages to Vermont's program? Mr. Stenger. The reality that the State of Vermont is the regional center administrator, and actually I guess you would call it the owner of the regional center, has actually been a remarkable advantage.