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However the law states you have actually got to invest 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


Thank you, Mr. Chairman. Let me just ask, Mr. Divine, you hear this objection that the cash just has actually to remain invested for 2 years. Mr. Divine.






It is none easier always than when it remained in the problems that caused the foreign investors being the very best choice for funding the point in the initial area. However, hey, if it is a successful project, it makes cash, and it can be sold, I do not see any kind of reason that the task need to not have the ability to be marketed and for the capitalist to be able to recognize the return of his financial investment, maybe obtain on his investment, simply like every other capitalist.


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EB5 Regional Center ProgramEB5 Regional Center Program
If you have a task that is funded straight with the Immigrant Capitalist 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 indicate, I think what we require to recognize likewise is that the case that is being mentioned as evidence that sometimes these tasks have hired an unauthorized worker is one in which USCIS did some kind of monitoring and identified that the employee was not licensed and stopped it.


Chairman Leahy. That would certainly be the same with any business. Mr. Divine. Every one of these employers is called for to complete the I-9 form, however USCIS goes an action further read what he said and does a check of some kind that caused the case that has actually been stated. Chairman Leahy. I am not a witness right here, yet I am so struck by Mr.


I mean, I advise that every one of you actually-- Mr. North, in your situation, venture out from inside the Beltway and increase there and chat with some of these people. For something, you do not have a lot of prohibited immigrants who rather have the Vermont accent you listen to around there, especially when they speak about their grandparents who live there, and moms and dads and more.


EB5 Regional Center ProgramEB5 Regional Center Program
Mr.


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


I mean, imply agency in company isImpact USCIS is a fee-funded agency, so it is essentially kind basically running a business and company to cover its expenses with expenditures income that earnings generated. To run this program correctly, USCIS requires to staff up in a huge way, dealing with the quantity that is currently there and Your Domain Name expecting the increased quantity of more financial investment as we get also close to fifty percent of the 10,000 visas that are offered in this category.


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I mean, that has got to seem like a conflicting circumstance, and you would certainly imagine that it is going to hold somebody back. Currently, I am not claiming that they are holding back, and I know that they are trying to staff up since I go to this web-site make sure they think and wish that the program will certainly be reauthorized for the benefit of the Nation.


And is that really where they are going to be able to invest their time and resources in trying to remove up the regulations of this program to make sure that everyone knows whether they can qualify or not and which kinds of projects are going to qualify and so forth? We need that constantly.


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

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