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Yet the legislation says you have actually reached invest for 2 years and that is all. Second, at one of the stakeholders conferences place on by USCIS, I asked a question: Have you done any research on exactly how much money remains beyond the 2 years? And the response was no


Senator Grassley. Thanks, Mr. Chairman. I would love to have a second round. Chairman Leahy. Definitely. Let me just ask, Mr. Divine, you hear this criticism that the cash only needs to remain spent for 2 years. Has that been your experience? Mr. Divine. If cash gets placed into a resort, as I was starting to clarify earlier, the designer of that project would certainly need to be able to locate somebody to buy the resort or would need to have the ability to find somebody to re-finance it with other cash.






It is not any type of much easier necessarily than when it was in the conditions that resulted in the international investors being the most effective alternative for funding things to begin with. Hi, if it is a successful job, it makes money, and it can be offered, I do not see any type of reason why the task ought to not be able to be sold and for the financier to be able to understand the return of his investment, perhaps get on his financial investment, just like every other investor.

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If you have a job that is moneyed directly via the Immigrant Capitalist Program and it is believed to be using undocumented workers, Immigration and Traditions Enforcement could check out the company, could they not? Mr. Divine.


Mr. Divine. Every one of these employers is required to complete the I-9 type, however USCIS goes a step additionally and does a check of some kind that led to the instance that has actually been pointed out. I am not a witness below, however I am so struck by Mr.

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I mean, I recommend that suggest of you actually-- In fact North, in your case, instance out obtain inside the Beltway and go up there and talk with some of these people.


They will certainly say, "We have actually obtained about nine of us below, and we have been right here given that 5 o'clock this early morning, Mister." [Giggling.] Chairman Leahy. Not rather what an unlawful immigrant may be saying. As a matter of fact, I think Mr. Stenger would certainly state that a person of his British capitalists was assuming, "Are most of us speaking the same language 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 keeps meeting a final reauthorization? In this instance it would be, I believe, September of next year, September of 2012. What does that do to a company trying to carry out a program if Congress waits till the last couple of days to reauthorize it? What is the sensible effect? Mr.

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I suggest, the company effectively is-- USCIS is a fee-funded firm, so it is essentially sort of running a service and needs to cover its costs with the income that is generated. To run this program properly, USCIS needs to staff up in a huge method, managing the volume that is already there and anticipating the boosted volume of more investment as we obtain even close to fifty percent of the 10,000 visas that are available article in this classification.

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I mean, that has reached feel like a clashing scenario, and you would visualize that it is going to hold someone back. Currently, I am not claiming that they are holding back, and I understand that they are Bonuses trying to staff up since I make sure they think and wish that the program will certainly be reauthorized for the advantage of the Nation.


And is that actually where they are mosting likely to be able to spend their time and resources in attempting to clear up the guidelines of this program to ensure that everyone understands whether they can certify or not and which kinds of projects are mosting likely to certify try these out and so forth? We need that consistently.


And, Mr. Stenger, we in Vermont-- once again, a little State, yet we have the State government involved with the Vermont Regional. Does that add advantages to Vermont's program? Mr. Stenger. The fact that the State of Vermont is the local center manager, and really I guess you would certainly call it the owner of the local facility, has been a tremendous benefit.