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Yet the legislation states you have actually reached spend for 2 years and that is all. Second, at one of the stakeholders conferences place on by USCIS, I asked an inquiry: Have you done any kind of research study on just how much money remains beyond the 2 years? And the solution was no


Thank you, Mr. Chairman. Let me just ask, Mr. Divine, you hear this objection that the cash only has to stay invested for 2 years. Mr. Divine.






It is not any easier always than when it was in the conditions that brought about the international financiers being the ideal alternative for financing the point in the first location. But, hello, if it is a successful job, it generates income, and it can be offered, I do not see any kind of reason the project ought to not be able to be marketed and for the capitalist to be able to recognize the return of his investment, maybe acquire on his financial investment, much like every various other investor.


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If you have a job that is moneyed straight with the Immigrant Investor Program and it is believed to be utilizing undocumented employees, Migration and Customs Enforcement could check out the employer, could they not? Mr. Divine. They could. I mean, I believe what we need to recognize likewise is that the instance that is being pointed out as evidence that sometimes these projects have hired an unapproved employee is one in which USCIS did some kind of checking and figured out that the worker was not authorized and stopped it.


Mr. Divine. Every one of these companies is required to complete the I-9 form, however USCIS goes an action further and does a check of some kind that led to the situation that has been discussed. I am not a witness below, yet 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 speak of these people.


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They will certainly say, "We have obtained concerning nine people right here, and we have been below because 5 o'clock this early morning, Mister." [Laughter.] Chairman Leahy. Not rather what a prohibited immigrant may be claiming. As a top article matter of fact, I assume Mr. Stenger would claim that a person of his British investors was assuming, "Are most of us talking the very same language here?" Mr.


I asked Mr. Stenger this. Allow me ask you what your experience is as a previous company authorities. What does it do if Congress maintains meeting a last-minute reauthorization? In this instance it would be, I believe, September of following 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 useful impact? Mr.


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I mean, the firm effectively is-- USCIS is a fee-funded company, so it is essentially kind of running a company and has to cover its costs with the earnings that is produced. To run this program appropriately, USCIS requires to staff up in a large means, dealing with the quantity that is currently there and expecting the raised quantity of more investment as we get back his comment is here at near to half of the 10,000 visas that are offered in this classification.


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I mean, that has actually obtained to seem like a clashing situation, and you would certainly envision that it is going to hold somebody back. Now, I am not claiming that they are keeping back, and I recognize that they are trying to staff up since I am sure they believe and really hope that the program will certainly be reauthorized for the advantage of the Nation.


And is that truly where they are mosting likely to have the ability to invest their time and sources in trying to clear the rules of this program to ensure view that everybody recognizes whether they can certify or otherwise and which kinds of jobs are mosting likely to qualify and so forth? We require that constantly.


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

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