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Yet the legislation claims you have obtained to spend for 2 years which is all. Second, at one of the stakeholders meetings place on by USCIS, I asked a concern: Have you done any type of research study on just how much cash remains past 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 money only has to continue to be spent for 2 years. Has that been your experience? Mr. Divine. If cash obtains taken into a hotel, as I was starting to describe earlier, the designer of that job would have to have the ability to locate someone to get the hotel or would need to have the ability to discover somebody to refinance it with various other cash.






It is not any less complicated always than when it remained in the conditions that resulted in the international capitalists being the very best choice for financing things to begin with. Hey, if it is an effective job, it makes cash, and it can be sold, I do not see any kind of reason why the project must not be able to be offered and for the capitalist to be able to realize the return of his investment, perhaps acquire on his investment, just like every other investor.

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If you have a job that is funded directly with the Immigrant Financier Program and it is thought to be using undocumented employees, Immigration and Traditions Enforcement could check out the employer, could they not? Mr. Divine. They could. I indicate, I think what we need to realize additionally is that the situation that is being cited as proof that sometimes these tasks have worked with an unauthorized worker is one in which USCIS did some type of checking and determined that the worker was not authorized and quit it.


Chairman Leahy. That would be the very same with any business. Mr. Divine. Every one of these companies is required to finish the I-9 kind, but USCIS goes an action further and does a check of some kind that caused the case that has actually been pointed out. Chairman Leahy. I am not a witness right here, but I am so struck by Mr.


I suggest, I website recommend that every one of you in fact-- Mr. North, in your case, venture out from inside the Beltway and rise there and speak with several of these people. For one point, you do not have also many illegal immigrants that fairly have the Vermont accent you hear around there, particularly when they discuss their grandparents who live there, and parents and so forth.


They will say, "We have got concerning nine people right here, and we have actually been here since 5 o'clock today, Mister." [Laughter.] Chairman Leahy. Not rather what an illegal immigrant could be claiming. I assume Mr. Stenger would state that one of his British investors was thinking, "Are we all talking the exact same language below?" Mr.


I asked Mr. Stenger this. Let me ask you what your experience is as a former firm authorities. What does it do if Congress keeps tasting a final reauthorization? In this case it would be, I think, September of next year, September of 2012. What does that do to an agency attempting to carry out a program if Congress waits up until the last few days to reauthorize it? What is the functional effect? Mr.

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I mean, the agency essentially is-- USCIS is a fee-funded company, so it is essentially type of running an organization and has to cover its expenses with the income that is generated. To run this program correctly, USCIS needs to staff up in a large means, dealing with the volume that is currently there and anticipating the raised quantity of even more financial investment as we get back at close to half of the 10,000 visas that are readily available in this group.

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I mean, that has reached seem like a contrasting situation, and you would imagine that it is going to hold someone back. Currently, I am not saying that they are holding back, and I know that they are trying to staff up because I make certain they believe and hope that the program will be reauthorized for the benefit of the Nation.


And is that really where they are mosting likely to have the ability to invest their time and sources in attempting to improve the policies of this program to make sure that everyone recognizes whether they can certify or otherwise and which sort of tasks are mosting likely to certify etc? We need that continuously.


And, Mr. EB5 Regional Center Program. Stenger, we in Vermont-- once again, a tiny State, yet we have the State federal government included with the Vermont Regional Facility. Does that include advantages to Vermont's program? Mr. Stenger. The reality that the State of Vermont is the regional center administrator, and in fact I presume you would certainly call it the owner of the regional facility, has actually been a significant advantage.