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Yet the regulation says 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 how much money remains past the 2 years? And the solution was no


Legislator Grassley. Thanks, Mr. Chairman. I wish to have a 2nd round. Chairman Leahy. . Let me just ask, Mr. Divine, you hear this criticism that the cash only has to stay invested for 2 years. Has that been your experience? Mr. Divine. If money gets put into a resort, as I was beginning to describe earlier, the developer of that project would certainly need to be able to find someone to acquire the resort or would certainly have to have the ability to discover somebody to re-finance it with various other money.






It is none easier always than when it remained in the problems that resulted in the foreign financiers being the most effective choice for funding the important things in the first location. Hey, if it is an effective job, it makes cash, and it can be sold, I do not see any type of factor why the project must not be able to be marketed and for the investor to be able to recognize the return of his financial investment, perhaps obtain on his financial investment, simply like every other financier.

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If you have a project that is moneyed straight through the Immigrant Investor Program and it is thought to be utilizing undocumented workers, Migration and Customs Enforcement could investigate the company, could they not? Mr. Divine. They could. I indicate, I think what we require to recognize also is that the instance that is being mentioned as evidence that sometimes these tasks have worked with an unauthorized employee is one in which USCIS did some type of checking and established that the employee was not authorized and quit it.


Chairman Leahy. That would be the very same with any firm. Mr. Divine. Every one of these employers is websites called for to complete the I-9 type, but USCIS goes a step better and does a check of some kind that caused the case that has actually been mentioned. Chairman Leahy. I am not a witness below, but I am so struck by Mr.


I suggest, I recommend that every one of you in fact-- Mr. North, in your situation, venture out from inside the Beltway and increase there and chat with a few of these people. For one point, you do not have way too many illegal aliens who rather have look at more info the Vermont accent you hear around there, particularly when they discuss their grandparents who live there, and parents and more.


Mr.


I asked Mr. Stenger this. Mr.


I mean, indicate agency in company isResult USCIS is a fee-funded agency, company it is essentially kind of running a business and service to cover its expenses with the income that revenue generated. To run this program properly, USCIS requires to staff up in a big means, dealing with the volume that is currently there and anticipating the raised volume of even more investment as we get also close to half of the 10,000 visas that are offered in this group.

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I suggest, that has obtained to really feel like a conflicting circumstance, and you would certainly envision that it is going to hold somebody back. Currently, I am not saying that they are holding back, and more helpful hints I know that they are trying to staff up since I make certain they believe and hope that the program will be reauthorized for the benefit of the Nation.


And is that truly where they are mosting likely to have the ability to spend their time and sources in attempting to improve the guidelines of this program to ensure that everybody understands whether they can qualify or otherwise and which sort of tasks are mosting likely to qualify and so forth? We need that continuously.


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