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But the legislation states you have actually 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 kind of study on just how much cash remains past the 2 years? And the solution was no


Thank you, Mr. Chairman. Allow me just ask, Mr. Divine, you hear this criticism that the money only has to remain spent for 2 years. Mr. Divine.






It is not any simpler always than when it was in the problems that caused the foreign capitalists being the most effective option for financing things to begin with. Hi there, if it is a successful job, it makes money, and it can be offered, I do not see any kind of reason why the task should not be able to be offered and for the investor to be able to recognize the return of his financial investment, maybe get on his financial investment, just like every other capitalist.


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EB5 Regional Center ProgramEB5 Regional Center Program
If you have a project that is moneyed straight with the Immigrant Financier Program and it is believed to be employing undocumented employees, Immigration and Customs Enforcement could explore the company, could they not? Mr. Divine. They could. I indicate, I believe what we need to realize additionally is that the situation that is being mentioned as proof that occasionally these jobs have worked with an unauthorized worker is one in which USCIS did some sort of monitoring and identified that the employee was not accredited and stopped it.


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


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I mean, Indicate recommend that suggest of you actually-- Really North, in your check it out case, instance out obtain inside the Beltway and go up there and talk with speak of these people.


EB5 Regional Center ProgramEB5 Regional Center Program
Mr.


EB5 Regional Center ProgramEB5 Regional Center Program
I asked Mr. Stenger this. Mr.


I mean, indicate agency in company isResult USCIS is a fee-funded agency, company it is essentially kind of running a business and has to cover its expenses with his response the income that revenue generated. To run this program properly, USCIS requires to staff up in a huge way, dealing with the volume that is currently there and expecting the enhanced quantity of more financial investment as we get even close to fifty percent of the 10,000 visas that are offered in this group.


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I mean, that has obtained to seem like a conflicting situation, and you would visualize that it is going to hold somebody back. Now, I am not stating that they are keeping back, have a peek at this website and I recognize that they are attempting to staff up due to the fact that I make certain they believe and hope that the program will be reauthorized for the advantage of the Country.


And is that truly where they are mosting likely to have the ability to spend their time and sources in trying to clean up the rules of this program to ensure that everybody understands whether they can certify or otherwise and which sort of tasks are mosting likely to certify etc? We require that consistently.


And, Mr. Stenger, we in Vermont-- once again, a little State, however we have the State government involved with the Vermont Regional. Mr. Stenger.

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