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Yet the regulation says you have 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 kind of research study on just how much money stays past the 2 years? And the answer was no


Thank you, Mr. Chairman. Let me just ask, Mr. Divine, you hear this criticism that the money only has actually to remain spent for 2 years. Mr. Divine.






It is not any much easier always than when it was in the conditions that resulted in the international investors being the very best option for funding the point in the first place. Hi there, if it is an effective project, it makes cash, and it can be sold, I do not see any factor why the task must not be able to be marketed and for the financier to be able to realize the return of his investment, perhaps gain on his investment, just like every various other investor.

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If you have a project that is moneyed directly through the Immigrant Capitalist Program and it is thought to be using undocumented employees, Immigration and Traditions Enforcement could investigate the employer, could they not? Mr. Divine. They could. I suggest, I think what we need to understand likewise is that the situation that is being cited as evidence that occasionally these projects have worked with an unapproved worker is one in which USCIS did some type of checking and established that the worker was not accredited and quit it.


Chairman Leahy. Yet that would certainly be the same with any kind of company. Mr. Divine. Each of these companies is needed to complete the I-9 kind, yet USCIS goes an action further and does a check of some kind that brought about the situation that has actually been pointed out. Chairman Leahy. I am not a witness right here, but I am so struck by Mr.


I indicate, I recommend that all of you in fact-- Mr. North, in your situation, obtain out from inside the Beltway and increase there and chat with several of these people. For one point, you do not have as well lots of unlawful immigrants who fairly have the Vermont accent you listen to around there, especially when they talk concerning their grandparents who live there, and moms and dads and so forth.


Mr.


I asked Mr. Stenger this. Mr.


I mean, indicate agency in effect is-- USCIS is a fee-funded agency, company it is essentially kind basically running a business and service to cover its expenses with costs income that is generated. To run this program properly, USCIS needs to staff up in a big method, dealing with the volume that is already there and expecting the raised volume of more financial investment as we obtain even close to half of the 10,000 visas that are available in this classification.

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I indicate, that has obtained to really feel like a contrasting circumstance, and you would envision that it is mosting likely to hold someone back. Currently, I am not saying that they are keeping back, and I understand that they are attempting to staff up due to the fact that I am certain they think and really hope that the program will certainly be reauthorized for the benefit of the Country.


And is that truly where they are mosting likely to be able to spend their time and resources in attempting to clear up the guidelines of this program to ensure that everyone knows whether they can qualify or not and which type of jobs check here are mosting likely to certify and so forth? We require that consistently.


And, Mr. EB5 Regional Center Program. Stenger, we in Vermont-- again, a little State, but we have the State federal government entailed with the Vermont Regional Facility. Does that add advantages to Vermont's program? Mr. Stenger. The truth that the State of Vermont is the regional center administrator, and in fact I guess you would call it the proprietor of the local center, has been a tremendous benefit.