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But the regulation says you have actually reached invest for 2 years which is all. Second, at one of the stakeholders conferences place on by USCIS, I asked an inquiry: Have you done any kind of research study on exactly how much cash remains beyond the 2 years? And the solution was no


Senator Grassley. Thanks, Mr. Chairman. I would like to have a 2nd round. Chairman Leahy. . Let me just ask, Mr. Divine, you hear this criticism that the cash only has actually to continue to be spent for 2 years. Has that been your experience? Mr. Divine. If cash gets taken into a hotel, as I was starting to explain earlier, the designer of that job would certainly have to have the ability to locate somebody to get the hotel or would certainly need to have the ability to locate somebody to re-finance it with various other cash.






It is none less complicated always than when it was in the conditions that caused the international investors being the most effective choice for funding the point in the first location. But, hi, if it is a successful job, it generates income, and it can be marketed, I do not see any type of reason the job should not have the ability to be marketed and for the investor to be able to understand the return of his investment, maybe acquire on his financial investment, simply like every other investor.

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If you have a job that is funded directly through the Immigrant Financier Program and it is believed to be employing undocumented workers, Immigration and Traditions Enforcement could examine the employer, could they not? Mr. Divine.


Mr. Divine. Every one of these companies is needed to finish the I-9 kind, however USCIS goes an action additionally and does a check of some kind that led to the instance that has been pointed out. I am not a witness below, but I am so struck by Mr.

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


Mr.


I asked Mr. Stenger this. Mr.


I mean, the agency in effect is-- USCIS is a fee-funded agency, so it is essentially kind basically running a business and service to cover its expenses with expenditures income that is generated. To run this program appropriately, USCIS requires to staff up in a huge means, dealing with the quantity that is already there and preparing for the increased quantity of even more financial investment as we get also close to half of the 10,000 visas that are offered in this classification.

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I indicate, that has actually got to really feel like a conflicting scenario, and you would envision that it is going to hold somebody back. Now, I am not stating that they are holding back, and I understand that they are attempting to staff up due to the fact that I make sure they think and really hope that the program will certainly be reauthorized for the benefit of the Nation.


And is that actually where they are going to be able to spend their time get more info and resources in trying to improve the guidelines of this program to ensure that everybody recognizes whether they can certify or not and which sort of jobs are mosting likely to certify and so forth? We require that continuously.


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