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But the legislation states you have reached invest 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 research on how much money stays beyond the 2 years? And the answer was no


Senator Grassley. Thank you, Mr. Chairman. I would love to have a 2nd round. Chairman Leahy. . Allow me just ask, Mr. Divine, you hear this criticism that the cash just needs to stay invested 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 designer of that job would need to have the ability to discover somebody to buy the resort or would certainly have to be able to locate someone to refinance it with other cash.






It is not any type of much easier necessarily than when it remained in the conditions that led to the international investors being the ideal choice for financing the important things to begin with. Yet, hi, if it is a successful task, it makes money, and it can be marketed, I do not see any factor why the project need to not be able to be marketed and for the financier to be able to recognize the return of his investment, perhaps obtain on his investment, simply like every various other investor.

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If you have a job that is funded straight through the Immigrant Financier Program and it is believed to be employing undocumented see this here employees, Immigration and Traditions Enforcement could examine the company, could they not? Mr. Divine.


Chairman Leahy. That would be the very same with any company. Mr. Divine. Each of these employers is needed to finish the I-9 form, but published here USCIS goes an action even more and does a check of some kind that led to the situation that has actually been discussed. Chairman Leahy. I am not a witness here, yet I am so struck by Mr.


I mean, I suggest that every one of you actually-- Mr. North, in your situation, go out from inside the Beltway and go up there and speak with several of these individuals. For one point, you do not have as well many illegal aliens that quite have the Vermont accent you hear around there, specifically when they speak concerning their grandparents who live there, and parents and so forth.


Mr.


I asked Mr. Stenger this. Mr.


I mean, the agency in company isResult USCIS is a fee-funded agency, company it is essentially kind basically running a business and company to cover its expenses with costs income that revenue generated. To run this program properly, USCIS needs to staff up in a huge means, dealing with the quantity that is currently there and expecting the boosted volume of even more investment as we obtain even close to half of the 10,000 visas that find this are available in this category.

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I imply, that has reached feel like a contrasting scenario, and you would certainly envision that it is mosting likely to hold somebody back. Currently, I am not claiming that they are keeping back, and I understand that they are attempting to staff up since I make certain they believe and wish that the program will be reauthorized for the benefit of the Nation.


And is that truly where they are mosting likely to have the ability to invest their time and sources in trying to clean up the guidelines of this program so that everyone recognizes whether they can qualify or not and which kinds of projects are mosting likely to certify and so forth? We need that constantly.


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