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Yet the regulation claims you have reached spend for 2 years which is all. Second, at one of the stakeholders meetings place on by USCIS, I asked a question: Have you done any type of study on exactly how much cash stays beyond the 2 years? And the answer was no


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






It is not any type of easier necessarily than when it was in the problems that led to the international capitalists being the very best choice for financing things to begin with. But, hi, if it is a successful job, it generates income, and it can be offered, I do not see any type of reason the project must not have the ability to be sold and for the investor to be able to understand the return of his investment, perhaps gain on his investment, similar to every other financier.

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If you have a job that is moneyed directly through the Immigrant Investor Program and it is believed to be employing undocumented employees, Migration and Customs Enforcement could explore the employer, could they not? Mr. Divine. They could. I mean, I believe what we require to understand likewise is that the situation that is being pointed out as evidence that in some cases these projects have employed an unauthorized employee is one in which USCIS did some sort of checking and figured out that the employee was not licensed and stopped it.


Mr. Divine. Every one of these companies is called for to finish the I-9 type, yet USCIS goes a step further and does a check of some kind that led to the case that has actually been stated. I am not a witness here, but I am so struck by Mr.

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I mean, Suggest recommend that advise of you actually-- Mr. North, in your case, get out from inside the Beltway and go up there and talk with some of these people.


They will claim, "We have actually got concerning 9 people below, and we have been here considering that 5 o'clock today, Mister." [Laughter.] Chairman Leahy. Not quite what an unlawful immigrant may be saying. Actually, read more I think Mr. Stenger would certainly state that of his British investors was assuming, "Are most of us speaking the same language below?" Mr.


I asked Mr. Stenger this. Allow me ask you what your experience is as a former agency authorities. What does it do if Congress maintains running up against a last-minute reauthorization? In this instance it would be, I think, September of following year, September of 2012. What does that do to an agency trying to carry out a program if Congress waits up until the last few days to reauthorize it? What is the functional effect? Mr.

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I indicate, the agency essentially is-- USCIS is a fee-funded firm, so it is basically sort of running an organization and has to cover its expenses with the income that is produced. To run this program appropriately, USCIS requires to staff up in a large method, taking care of the quantity that is already there and expecting the increased volume of more financial investment as we get back at close to fifty percent of the 10,000 visas that are available in this classification.

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I suggest, that has reached seem like a clashing scenario, and you would picture that it is going to hold somebody back. Currently, I am not stating that they are keeping back, and I recognize that they are attempting to staff up since I make sure they believe and hope that the program will be reauthorized for the benefit of the Nation.


And is that really where they are mosting likely to be able to invest their time and sources in attempting to clear the rules of this program to ensure that everyone recognizes whether they can certify or not and which type of projects are mosting likely to certify etc? We need that consistently.


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