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But the law states you have reached invest for 2 years and that is all. Second, at one of the stakeholders conferences place on by USCIS, I asked a question: Have you done any research on just how much cash remains past the 2 years? And the solution was no


Legislator Grassley. Thanks, Mr. Chairman. I would like to have a second round. Chairman Leahy. . Let me just ask, Mr. Divine, you hear this criticism that the cash only has to remain invested for 2 years. Has that been your experience? Mr. Divine. If cash gets put right into a resort, as I was starting to clarify earlier, the designer of that task would certainly need to have the ability to discover someone to buy the resort or would certainly need to be able to find somebody to refinance it with other money.

It is none easier always than when it was in the problems that led to the international financiers being the very best alternative for financing the thing to begin with. Hi there, if it is an effective project, it makes money, and it can be offered, I do not see any type of factor why the task need to not be able to be sold and for the capitalist to be able to realize the return of his financial investment, maybe acquire on his financial investment, just like every other capitalist.

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If you have a task that is moneyed directly through the Immigrant Capitalist Program and it is thought to be employing undocumented employees, Migration and Customs Enforcement could investigate the employer, could they not? Mr. Divine. They could. I imply, I think what we require to recognize also is that the instance that is being cited as evidence that sometimes these tasks have worked with an unapproved worker is one in which USCIS did some type of checking and determined that the employee was not authorized and quit it.


Chairman Leahy. Yet that would coincide with any kind of company. Mr. Divine. Each of these employers is called for to complete the I-9 type, but USCIS here goes a step further and does a check of some kind that caused the case that has actually been mentioned. Chairman Leahy. I am not a witness here, however I am so struck by Mr.


I mean, I suggest that every one of you really-- Mr. North, in your instance, go out from inside the Beltway and increase there and chat with some of these individuals. For something, you do not have a lot of prohibited immigrants who rather have the Vermont accent you listen to around there, especially when they speak about their grandparents who live there, and moms and dads and more.

Mr.

I asked Mr. Stenger this. Mr.


I mean, the agency in effect is-- USCIS is a fee-funded agency, firm it is essentially kind of running a business and has to cover its expenses with the income that earnings generated. To run this program properly, USCIS requires to staff up in a large means, dealing with the volume that is already there and preparing for the enhanced quantity of even more investment as we obtain even close to fifty percent of the 10,000 visas that are offered in this classification.

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I indicate, that has obtained to seem like a contrasting scenario, and you would certainly envision that it is going to hold someone back. Now, I am not saying that they are keeping back, and I recognize that they are attempting to staff up due to the fact that I am certain they think and hope that the program will be reauthorized for the benefit of the Country.


And is that really where they are going to have the ability to invest their time and sources in trying to improve the regulations of this program to ensure that everyone understands whether they can qualify or not and which type of projects are going to certify and so forth? We need that continuously.


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