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Yet the law 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 concern: Have you done any study on just how much cash stays past the 2 years? And the solution was no


Senator Grassley. Thanks, Mr. Chairman. I would love to have a 2nd round. Chairman Leahy. Definitely. Let me simply ask, Mr. Divine, you hear this criticism that the cash only has to continue to be invested for 2 years. Has that been your experience? Mr. Divine. If money obtains placed right into a resort, as I was beginning to explain earlier, the programmer of that project would need to be able to locate someone to acquire the hotel or would need to be able to find somebody to refinance it with various other cash.

It is none less complicated necessarily than when it was in the conditions that brought about the foreign financiers being the finest choice for financing the point to begin with. But, hi, if it is an effective job, it generates income, and it can be offered, I do not see any kind of reason the project need to not be able to be offered and for the investor to be able to understand the return of his financial investment, maybe gain on his investment, similar to every other financier.

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If you have a project that is funded directly with the Immigrant Financier Program and it is believed to be using undocumented employees, Immigration and Customs Enforcement could explore the company, could they not? Mr. Divine. They could. I suggest, I believe what we need to recognize also is that the instance that is being mentioned as evidence that occasionally these tasks have actually hired an unauthorized employee is one in which USCIS did some kind of monitoring and determined that the worker was not authorized and stopped it.


Mr. Divine. Every one of these companies is called for to complete the I-9 form, however USCIS goes an action further and does a check of some kind that led to the situation that has actually been discussed. I am not a witness below, yet I am so struck by Mr.

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

They will claim, "We have actually got about nine of us right here, and we have actually been below since 5 o'clock this early morning, Mister." [Laughter.] Chairman Leahy. Not rather what an illegal alien could be saying. I think Mr. Stenger would certainly say that one of his British investors was thinking, "Are we all speaking the very same language right here?" Mr.


I asked Mr. Stenger this. Allow me ask you what your experience is as a former company authorities. What does our website it do if Congress keeps meeting a last-minute reauthorization? In this situation it would certainly be, I think, September of next year, September of 2012. What does that do to an agency trying to carry out a program if Congress waits until the last few days to reauthorize it? What is the sensible effect? Mr.

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I informative post mean, the agency in impact is-- USCIS is a fee-funded company, so it is essentially type of running a service and needs to cover its expenditures with the revenue that is created. To run this program correctly, USCIS requires to staff up in a big way, taking care of the quantity that is currently there and preparing for the raised quantity of even more financial investment as we get also close to fifty percent of the 10,000 visas that are available in this classification.

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I indicate, that has actually reached seem like a clashing scenario, and you would envision that it is mosting likely to hold someone back. Currently, I am not saying that they are holding back, and I know that they are trying to staff up since I am sure why not look here they believe and hope that the program will be reauthorized for the benefit of the Nation.


And is that really where they are going to have the ability to spend their time and sources in attempting to clean up the rules of this program so that everybody understands whether they can qualify or not and which type of jobs are going to qualify and so forth? We need that continuously.


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