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But the legislation says you have obtained to invest for 2 years and that is all. Second, at one of the stakeholders conferences place on by USCIS, I asked an inquiry: Have you done any study on just how much cash remains past the 2 years? And the response was no


Thank you, Mr. Chairman. Allow me just ask, Mr. Divine, you hear this criticism that the money just has to stay invested for 2 years. Mr. Divine.






It is not any much easier always than when it was in the problems that led to the international financiers being the most effective choice for funding the important things to begin with. Hey, if it is a successful project, it makes cash, and it can be sold, I do not see any reason why the job must not be able to be sold and for the capitalist to be able to understand the return of his financial investment, possibly obtain on his investment, simply like every other financier.

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If you have a job that is funded straight through the Immigrant Investor Program and it is believed to be using undocumented employees, Immigration and Traditions Enforcement could investigate the employer, could they not? Mr. Divine.


Chairman Leahy. That would be the very same with any business. Mr. Divine. Every one of these employers is required to complete the I-9 kind, yet USCIS goes an action even more and does a check of some kind that resulted in the case that has actually been mentioned. Chairman Leahy. I am not a witness below, however I am so struck by Mr.


I indicate, I recommend that all of you in fact-- Mr. North, in your instance, venture out from inside the Beltway and rise there and chat with a few of these individuals. For one thing, you do not have also numerous illegal aliens that fairly have the Vermont accent you listen to around there, specifically when they discuss their grandparents who live there, and parents and so forth.


Mr.


I asked Mr. Stenger this. Mr.


I mean, suggest agency in firm is-- USCIS is a fee-funded agency, so it is essentially kind basically running a business and company to cover its expenses with costs income that revenue generated. To run this program appropriately, USCIS requires to staff up in a large method, dealing with the volume Related Site that is already there and expecting the raised this website volume of even more financial investment as we get even close to fifty percent of the 10,000 visas that are available in this classification.

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I indicate, that has obtained to seem like a clashing scenario, and you would picture that it is going to hold someone back. Now, I am not saying that they are holding back, and I know that they are attempting to staff up since I make certain they think and really hope that the program will be reauthorized for the advantage of the Nation.


And is that really where they are going to have the ability to spend their time and resources in attempting to clean up the regulations of this program so that everybody understands whether they can certify or not and which sort wikipedia reference of jobs are going to qualify etc? We need that constantly.


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