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But the law states you have actually got to spend for 2 years and that is all. Second, at one of the stakeholders meetings place on by USCIS, I asked a question: Have you done any research on just how much cash stays beyond the 2 years? And the answer was no


Senator Grassley. Thank you, Mr. Chairman. I would love to have a second round. Chairman Leahy. . Allow me simply ask, Mr. Divine, you hear this objection that the cash just has to continue to be invested for 2 years. Has that been your experience? Mr. Divine. If cash gets put right into a resort, as I was beginning to describe earlier, the developer of that job would need to have the ability to locate somebody to get the resort or would certainly have to have the ability to locate somebody to refinance it with other cash.






It is not any kind of less complicated always than when it remained in the problems that led to the foreign financiers being the most effective alternative for financing things in the first location. However, hi, if it is a successful task, it generates income, and it can be offered, I do not see any reason why the project must not be able to be marketed and for the capitalist to be able to recognize the return of his financial investment, possibly acquire on his financial investment, similar to every other investor.


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If you have a task that is moneyed straight with the Immigrant Financier Program and it is believed to be using undocumented employees, Immigration and Traditions Enforcement could examine the employer, could they not? Mr. Divine. They could. I indicate, I believe what we require to recognize also is that the case that is being cited as proof that in some cases these projects have actually worked with an unauthorized worker is one in which USCIS did some sort of monitoring and figured out that the employee was not licensed and stopped it.


Mr. Divine. Every one of these employers is needed to complete the I-9 type, however USCIS goes a step further and does a check of some kind that led to the situation that has been stated. I am not a witness here, yet I am so struck by Mr.


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I mean, Indicate recommend that all of you actually-- Really North, in your case, get out from inside the Beltway and go up there and talk with chat of these people.


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They will claim, "We have got regarding nine people here, and we have actually been right here considering that 5 o'clock today, Mister." [Giggling.] Chairman Leahy. Not quite what an unlawful immigrant could be claiming. I think Mr. Stenger would certainly state that one of his British capitalists was assuming, "Are we all speaking the same language right here?" Mr.


I asked Mr. Stenger this. Allow me ask you what your experience is as a previous firm authorities. What does it do if Congress keeps running up against a last-minute reauthorization? In this case it would certainly be, I assume, September of following year, September of 2012. What does that do to a firm trying to provide a program if Congress waits till the last few days to reauthorize it? What is the functional impact? Mr.


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I suggest, the agency basically is-- USCIS is a fee-funded company, so it is essentially type of running an organization and needs to cover its costs with the revenue that is generated. To run this program correctly, USCIS requires to staff up in a big method, taking care of the quantity that is already there and anticipating the raised volume of even more financial investment as we get back at near fifty percent of the 10,000 visas that are available in this category.


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I mean, that has reached seem like a contrasting situation, and you would certainly click here picture that it is going to hold someone back. Currently, I am not claiming that they are holding back, and I recognize that they are trying to staff up because I make sure they believe and wish that the program will 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 resources in trying to clean up the rules of this program to ensure that everyone understands whether they can qualify or not and which type of tasks are mosting likely to certify etc? We need that continually.


And, Mr. Stenger, we in Vermont-- once again, a little State, however we have the State federal government involved with the Vermont Regional. Mr. Stenger.

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