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But the legislation states you have actually reached spend for 2 years and that is all. Second, at one of the stakeholders meetings place on by USCIS, I asked a question: Have you done any type of research study on just how much money stays beyond the 2 years? And the response was no


Legislator Grassley. Thanks, Mr. Chairman. I would love to have a 2nd round. Chairman Leahy. Certainly. Let me just ask, Mr. Divine, you hear this criticism that the cash only has actually to stay spent for 2 years. Has that been your experience? Mr. Divine. If money obtains taken into a resort, as I was starting to describe earlier, the programmer of that task would certainly need to have the ability to locate someone to get the hotel or would have to be able to find someone to re-finance it with various other cash.






It is none much easier necessarily than when it remained in the conditions that brought about the foreign investors being the ideal choice for funding things in the first location. But, hi there, if it is a successful project, it generates income, and it can be marketed, I do not see any reason the project need to not be able to be marketed and for the financier to be able to understand the return of his investment, possibly acquire on his financial investment, similar to every various other investor.

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If you website have a job that is funded straight with the Immigrant Investor Program and it is thought to be utilizing undocumented employees, Immigration and Traditions Enforcement could check out the employer, could they not? Mr. Divine.


Mr. Divine. Every one of these employers is needed to finish the I-9 type, but USCIS goes a step better and does a check of some kind that led to the case that has actually been mentioned. 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-- Mr. North, in your case, instance out obtain inside the Beltway and go up there and talk with chat of these people.


Mr.


I asked Mr. Stenger this. Mr.


I mean, imply agency in firm isImpact USCIS is a fee-funded agency, firm it is essentially kind of running a business and organization to cover its expenses with expenditures income that revenue generated. To run this program appropriately, USCIS requires to staff up in a big way, dealing with the volume that is currently there and expecting the increased quantity of more investment as we obtain even close to fifty percent of the 10,000 visas that are available in this classification.

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I imply, that has actually obtained to really feel like a conflicting circumstance, and you would certainly imagine that it is going to hold somebody back. Now, I am not stating that they are keeping back, and I recognize that they are attempting to staff up because I make sure they believe and really hope that the program will certainly be reauthorized for the advantage of the Country.


And is that truly where they are mosting likely to have the ability to spend their time and sources in attempting to clear the rules of this program to ensure that everyone understands whether they can certify or otherwise and which sort of tasks are going to certify etc? We require that consistently.


And, Mr. Stenger, we in Vermont-- again, a tiny State, yet we have the State federal government included with the Vermont Regional. Mr. Stenger.