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Yet the regulation says you have obtained to spend for 2 years which is all. Second, at one of the stakeholders meetings place on by USCIS, I asked a concern: Have you done any kind of research on exactly how much cash stays beyond the 2 years? And the response was no

Thank you, Mr. Chairman. Let me just ask, Mr. Divine, you hear this criticism that the cash just has to remain spent for 2 years. Mr. Divine.




It is none much easier always than when it remained in the conditions that brought about the international investors being the best option for funding things in the very first place. But, hi there, if it is an effective project, it generates income, and it can be marketed, I do not see any type of reason why the task should not have the ability to be offered and for the investor to be able to understand the return of his financial investment, possibly get on his financial investment, much like every other investor.

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If you have a job that is moneyed directly through the Immigrant Investor Program and it is thought to be employing undocumented employees, Immigration 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 hired an unapproved worker is one in which USCIS did some sort of checking and determined that the employee was not authorized and quit it.

Chairman Leahy. However that would certainly coincide with any company. Mr. Divine. Each of these employers is needed to finish the I-9 form, yet USCIS goes a step additionally and does a check of some kind that led to the situation that has actually been discussed. Chairman Leahy. I am not a witness below, but I am so struck by Mr.

I indicate, I recommend that all of you in fact-- Mr. North, in your case, go out from inside the Beltway and go up there and speak with several of these individuals. For one thing, you do not have as well many illegal aliens that rather have the Vermont accent you listen to around there, especially when they discuss their grandparents who live there, and parents and so forth.

They will certainly state, "We have actually got concerning nine people right here, and we have actually been right here because 5 o'clock today, Mister." [Laughter.] Chairman Leahy. Not fairly what an illegal alien might be claiming. In truth, I assume Mr. Stenger would say that of his British financiers was believing, "Are we all talking the same language right here?" Mr.

I asked Mr. Stenger this. Let me ask you what your experience is as a previous firm authorities. What does it do if Congress keeps meeting a final reauthorization? In this case it would be, I assume, September of next year, September of 2012. What does that do to a company attempting to carry out a program if Congress waits until the last couple of days to reauthorize it? What is the practical impact? Mr.

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I mean, the agency effectively is-- USCIS is a fee-funded company, so it is essentially type of running an organization and needs to cover its expenditures with the revenue that is created. To run this program appropriately, USCIS requires to staff up in read more a large means, managing the quantity that is currently there and preparing for the raised quantity of even more investment as we get back at close to half of the 10,000 visas that are readily available in this group.

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I suggest, that has reached seem like a conflicting circumstance, and you would certainly imagine that it is going to hold somebody back. Now, I am not saying that they are keeping back, and I understand that they are attempting to staff up because I am certain they think and wish that the program will be reauthorized for the benefit of the Nation.

And is that really where they are going to have the ability to spend their time and sources in attempting to clean up the regulations of this program to make sure that everyone knows whether they can certify or otherwise and which kinds of jobs are going to qualify and so forth? We need that constantly.

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

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