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But the legislation says you have got to 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 study on exactly how much cash stays past the 2 years? And the solution was no


Legislator Grassley. Thank you, Mr. Chairman. I would certainly like to have a 2nd round. Chairman Leahy. . Let me simply ask, Mr. Divine, you hear this objection that the cash just needs to continue to be invested for 2 years. Has that been your experience? Mr. Divine. If cash gets put into a hotel, as I was beginning to discuss earlier, the developer of that job would need to be able to discover somebody to acquire the hotel or would certainly have to have the ability to discover somebody to refinance it with various other money.






It is not any type of easier necessarily than when it remained in the problems that brought about the international capitalists being the very best option for financing the point to begin with. Hello, if it is a successful task, it makes cash, and it can be marketed, I do not see any kind of reason why the job need to not be able to be offered and for the capitalist to be able to understand the return of his investment, possibly acquire on his financial investment, just like every various other capitalist.

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If you have a project that is funded straight via the Immigrant Investor Program and it is believed to be using undocumented workers, Immigration and Traditions Enforcement could explore the company, could they not? Mr. Divine. They could. I imply, I think what we require to understand likewise is that the case that is being pointed out as proof that sometimes these tasks have actually employed an unauthorized worker is one in which USCIS did some kind of monitoring and established that the employee was not authorized and quit it.


Chairman Leahy. However that would certainly coincide with any type of business. Mr. Divine. Every one of these employers is called for to complete the I-9 form, yet USCIS goes a step better and does a check of some kind that caused the situation that has been stated. Chairman Leahy. I am not a witness right here, 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 go up there and speak with several of these people. For one point, you do not have a lot of unlawful immigrants that quite have the Vermont accent you hear around there, specifically 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, the agency in company is-- 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 correctly, USCIS requires to staff up in a big method, dealing with the quantity that is already there and preparing for the enhanced quantity of more financial investment as we get even close to fifty percent of the 10,000 visas that are available in this group.

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I imply, that has actually obtained to really feel like a conflicting circumstance, and you would visualize that it is mosting likely to hold somebody back. Now, I am not saying that they are holding back, and I understand that they are attempting to staff up due to the fact that 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 be able to invest their time and resources in trying to clear the rules of this program so that everybody knows whether they can qualify or not and which kinds of projects are mosting likely to qualify and so forth? We need that constantly.


And, Mr. Stenger, we in Vermont-- once again, a little State, however we have the State government involved with the Vermont Regional. Does that add advantages to Vermont's program? Mr. Stenger. The reality that the State of here Vermont is the local facility manager, and really I guess you would call it the owner of the regional facility, has actually been a significant advantage.