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But the law claims you have got to invest for 2 years and that is all. Second, at one of the stakeholders meetings place on by USCIS, I asked a concern: Have you done any research study on exactly how much money stays beyond the 2 years? And the response was no


Senator Grassley. Thank you, Mr. Chairman. I wish to have a second round. Chairman Leahy. . Let me just ask, Mr. Divine, you hear this criticism that the cash just has actually to stay spent for 2 years. Has that been your experience? Mr. Divine. If cash obtains taken into a resort, as I was beginning to discuss earlier, the developer of that project would need to have the ability to discover somebody to purchase the hotel or would certainly need to have the ability to discover somebody to refinance it with other money.






It is not any kind of much easier necessarily than when it was in the problems that resulted in the international capitalists being the most effective choice for funding the important things in the first location. Hey, if it is an effective project, it makes money, and it can be marketed, I do not see any kind of reason why the task ought to not be able to be marketed and for the investor to be able to recognize the return of his investment, possibly acquire on his financial investment, just like every other capitalist.

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If you have a task that is moneyed directly through the Immigrant Capitalist Program and it is thought to be employing undocumented workers, Migration and Customs Enforcement could investigate the company, could they not? Mr. Divine. They could. I indicate, I assume what we require to recognize also is that the instance that is being mentioned as evidence that sometimes these jobs have actually worked with an unapproved employee is one in which USCIS did some sort of monitoring and figured out that the employee was not authorized and quit it.


Mr. Divine. Every one of these companies is required to finish the I-9 form, but USCIS goes an action additionally and does a check of some kind that led to the situation that has actually been discussed. I am not a witness right here, but I am so struck by Mr.

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I mean, Imply recommend that suggest of you actually-- Mr. North, in your case, situation out obtain inside the Beltway and go up there and talk with speak of these people.


They will claim, "We have actually obtained about 9 of us below, and we have been right here given that 5 o'clock this early morning, Mister." [Laughter.] Chairman Leahy. Not rather what an illegal immigrant could be claiming. In reality, I assume Mr. Stenger would certainly say that of his British financiers was believing, "Are most of us speaking click here the very same language right here?" Mr.


I asked Mr. Stenger this. Let me ask you what your experience is as a previous agency official. What does it do if Congress maintains tasting a final 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 administer a program if Congress waits up until the last couple of days to reauthorize it? What is the functional result? Mr.

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I suggest, the firm basically is-- USCIS is a fee-funded company, so it is essentially sort of running a service and has to cover its expenses with the earnings that is produced. To run this program appropriately, USCIS requires to staff up in a huge means, handling the volume that is already there and anticipating the increased quantity of even more investment as we obtain also near to fifty percent of the 10,000 visas that are readily available in this category.

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I imply, that has actually reached seem like a conflicting scenario, and you would certainly envision that it is mosting likely to hold somebody back. Now, I am not stating that they are keeping back, and I recognize that they are attempting to staff up since I make certain they think and hope that the program will be reauthorized for the benefit of the Nation.


And is that truly where they are mosting likely to be able to spend their time and sources in trying to improve the rules of this program to ensure that everybody understands whether they can qualify or not and which type of jobs are going to certify etc? We require that constantly.


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