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However the law claims you have got to spend for 2 years and that is all. Second, at one of the stakeholders meetings put on by USCIS, I asked a question: Have you done any research study on exactly how much money remains past the 2 years? And the answer was no


Senator Grassley. Thanks, Mr. Chairman. I want to have a second round. Chairman Leahy. . Let me just ask, Mr. Divine, you hear this criticism that the cash just needs to remain invested for 2 years. Has that been your experience? Mr. Divine. If cash gets placed right into a hotel, as I was starting to discuss earlier, the developer of that task would need to have the ability to locate somebody to acquire the resort or would certainly need to be able to discover somebody to re-finance it with various other cash.






It is not any easier necessarily than when it remained in the problems that caused the foreign capitalists being the most effective alternative for funding things in the first area. Hi, if it is an effective task, it makes money, and it can be offered, I do not see any kind of factor why the project ought to not be able to be marketed and for the investor to be able to recognize the return of his investment, perhaps acquire on his financial investment, simply like every other investor.

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If you have a project that is funded straight with the Immigrant Investor Program and it is believed to be utilizing undocumented workers, Migration and Customs Enforcement could check out the company, could they not? Mr. Divine. They could. I imply, I think what we need to realize likewise is that the situation that is being mentioned as evidence that in some cases these projects have actually hired an unapproved worker is one in which USCIS did some kind of monitoring and established that the worker was read more not authorized and quit it.


Chairman Leahy. Yet that would certainly be the exact same with any type of business. Mr. Divine. Every one of these companies is called for to finish the I-9 form, however USCIS goes a step even more and does a check of some kind that caused the situation that has actually been mentioned. Chairman Leahy. I am not a witness below, yet I am so struck by Mr.


I suggest, I recommend that every one of you really-- Mr. North, in your instance, venture out from inside the Beltway and rise there and chat with several of these people. For one thing, you do not have a lot of illegal aliens who fairly have the Vermont accent you listen to around there, especially when they talk regarding their grandparents that live there, and moms and dads and so on.


Mr.


I asked Mr. Stenger this. Mr.


I mean, imply agency in firm isResult USCIS is a fee-funded agency, firm it is essentially kind of running a business and has to cover its expenses with expenditures income that earnings generated. To run this program properly, USCIS needs to staff up in a large method, dealing with the volume that is already there and expecting the enhanced quantity of even more financial investment as we obtain also 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 scenario, and you would picture that it is going to hold someone back. Now, I am not stating that they are keeping back, and I know that they are trying to staff up because I make certain they believe and hope that the program will certainly be reauthorized for the benefit of the Country.


And is that actually where they are mosting likely to have the ability to invest their time and resources in trying to clean up the regulations of this program to ensure that everyone understands whether they can certify or not and which sort of jobs are mosting likely to qualify and so forth? We need that continuously.


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