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The legislation says you have got to invest for 2 years and that is all (EB5 Regional Center Program). Second, at one of the stakeholders conferences place on by USCIS, I asked a concern: Have you done any kind of research on just how much money remains past the 2 years? And the response was no


Thank you, Mr. Chairman. Allow me just ask, Mr. Divine, you hear this objection that the money only has actually to continue to be spent for 2 years. Mr. Divine.






It is none less complicated always than when it was in the conditions that led to the international financiers being the very best choice for funding the point to begin with. Yet, hi there, if it is a successful task, it earns money, and it can be offered, I do not see any reason that the job must not have the ability to be marketed and for the capitalist to be able to recognize the return of his investment, maybe acquire on his investment, much like every various other capitalist.

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If you have a job that is moneyed straight with the Immigrant Capitalist Program and it is thought to be using undocumented workers, Immigration and Customs Enforcement could investigate the company, could they not? Mr. Divine.


Chairman Leahy. That would certainly be the same with any business. Mr. Divine. Each of these employers is required to complete the I-9 kind, but USCIS goes an action even more and does a check of some kind that resulted in the instance that has been pointed out. Chairman Leahy. I am not a witness below, however I am more info so struck by Mr.


I suggest, I recommend that every one of you actually-- Mr. North, in your situation, get out from inside the Beltway and increase there and talk with several of these people. For one point, you do not have as well numerous illegal aliens that rather have the Vermont accent you hear around there, particularly when they speak about their grandparents who live there, and parents and more.


Mr.


I asked Mr. Stenger this. Mr.


I mean, suggest agency in effect isImpact USCIS is a fee-funded agency, company it is essentially kind of running a business and organization to cover its expenses with expenditures income that revenue generated. To run this program appropriately, USCIS requires to staff up in a huge way, dealing with the volume that is already there and anticipating the increased volume of even more investment as we get also close to half of the 10,000 visas that are readily available in this category.

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I indicate, that has actually obtained to feel like a clashing scenario, and you would certainly think of that it is going to hold someone back. Currently, I am not claiming that they are keeping back, and I recognize that they are attempting to staff up because I make sure they think and hope that the program will certainly be reauthorized for the benefit of the Country.


And is that truly where they are going to have the ability to spend their time and sources in trying to clear the policies of this program to ensure that everybody understands whether they can qualify or otherwise and which kinds of projects are going to qualify and so forth? We need that continuously.


And, Mr. Stenger, we in Vermont-- once again, a small State, but we have the State government involved with the Vermont Regional. Does that add advantages to Vermont's program? Mr. Stenger. The reality that the State of Vermont is the local facility manager, and in fact I presume you would certainly call it the proprietor of the local facility, has actually been a significant benefit.