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Yet the legislation states you have actually got to invest for 2 years and that is all. Second, at one of the stakeholders meetings put 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 answer was no


Thank you, Mr. Chairman. Let me simply ask, Mr. Divine, you hear this criticism that the cash just has to continue to be spent for 2 years. Mr. Divine.






It is none simpler always than when it was in the conditions that brought about the foreign investors being the ideal choice for funding things in the first area. However, hey, if it is an effective task, it makes money, and it can be sold, I do not see any kind of reason that the job must not be able to be marketed and for the investor to be able to realize the return of his financial investment, maybe acquire on his investment, much like every various other capitalist.


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If you have a task that is funded directly via the Immigrant Investor Program and it is believed to be employing undocumented employees, Migration and Customs Enforcement could investigate the company, could they not? Mr. Divine. They could. I suggest, I believe what we need to realize additionally is that the situation that is being mentioned as evidence that in some cases these projects have actually employed an unauthorized worker is one in which USCIS did some kind of checking and identified that the employee was not authorized and stopped it.


Mr. Divine. Every one of these employers is called for to finish the I-9 kind, however USCIS goes an action even more 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-- In fact North, in your case, get out obtain inside the Beltway and go up there and get more info talk with some of these people.


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Mr.


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


I mean, the agency in effect isImpact USCIS is a fee-funded agency, company it is essentially kind of running a business and service to cover its expenses with costs income that earnings generated. To run this program appropriately, USCIS needs to staff up in a large means, dealing with the quantity that is currently there and anticipating the raised volume of even more investment as we obtain even close to half of the 10,000 visas that are available in this classification.


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I mean, that has actually obtained to seem like a clashing scenario, and you would certainly think of that it is mosting likely to hold somebody back. Now, I am not saying that they are keeping back, and I understand that they are trying to staff up since I am certain they think and wish that the program will certainly be reauthorized for the advantage of the Country.


And is that actually where they are going to be able to invest their time and sources in attempting to clear the guidelines of this program to ensure that everybody understands whether they can certify or not and which type of tasks are going to qualify and so forth? We need that constantly.


And, Mr. Stenger, we in Vermont-- again, a tiny State, but we have the State government entailed with the Vermont Regional. Mr. Stenger.

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