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However the legislation says you have actually got to spend for 2 years which is all. Second, at one of the stakeholders conferences put on by USCIS, I asked a concern: Have you done any research study on just how much cash remains beyond the 2 years? And the solution was no


Legislator Grassley. Thanks, Mr. Chairman. I would love to have a 2nd round. Chairman Leahy. . Allow me simply ask, Mr. Divine, you hear this objection that the cash only needs to continue to be spent for 2 years. Has that been your experience? Mr. Divine. If money gets placed right into a resort, as I was beginning to clarify earlier, the developer of that project would need to be able to find someone to buy the resort or would have to be able to locate somebody to re-finance it with various other cash.






It is none simpler necessarily than when it remained in the conditions that led to the foreign investors being the most effective alternative for financing the thing to begin with. Hi, if it is an effective task, it makes money, and it can be offered, I do not see any type of reason why the project should not be able to be offered and for the capitalist to be able to understand the return of his financial investment, perhaps acquire on his financial investment, just like every other investor.

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If you have a project that is moneyed directly with the Immigrant Financier Program and it is believed to be using undocumented employees, Migration and Traditions Enforcement could investigate the employer, could they not? Mr. Divine.


Mr. Divine. Every one of these companies is required to complete the I-9 type, but USCIS goes a step better and does a check of some kind that led to the situation that has actually been stated. I am not a witness right here, click here but I am so struck by Mr.

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


They will certainly state, "We have got concerning nine people right here, and we have actually been here because 5 o'clock today, Mister." [Laughter.] Chairman Leahy. Not fairly what an illegal alien could be claiming. In truth, I think Mr. Stenger would certainly state that one of his British investors was assuming, "Are all of us speaking the same language right here?" Mr.


I asked Mr. Stenger this. Allow me ask you what your experience is as a previous firm official. What does it do if Congress keeps tasting a final reauthorization? In this situation it would certainly be, I believe, September of following year, September of 2012. What does that do to a company attempting to administer a program if Congress waits up until the last couple of days to reauthorize it? What is the functional result? Mr.

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I mean, the agency essentially is-- USCIS is a fee-funded agency, so it is essentially sort of running a company and has to cover its expenses with the income that is created. To run this program correctly, USCIS requires to staff up in a huge way, taking care of the quantity that is already there and preparing for the increased volume of even more investment as we get also near half of the 10,000 visas that are available in this classification.

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I suggest, that has reached really feel like a clashing circumstance, and you would think of that it is going to hold someone back. Now, I am not saying that they are holding back, and I know that they are trying to staff up because I make sure they believe and hope that the program will be reauthorized for the benefit of the Nation.


And is that actually where they are mosting likely to be able to spend their time and sources in trying to clear the guidelines of this program so that everybody recognizes whether they can certify or not and which kinds of projects are going to qualify etc? We require that continuously.


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