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However the law claims you have reached invest for 2 years and that is all. Second, at one of the stakeholders conferences put on by USCIS, I asked a question: Have you done any research study on just how much cash stays past the 2 years? And the answer was no

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




It is none much easier necessarily than when it remained in the conditions that led to the international investors being the very best alternative for financing things in the initial location. But, hey, if it is an effective task, it generates income, and it can be offered, I do not see any kind of reason the task must not be able to be sold and for the capitalist to be able to realize the return of his financial investment, perhaps acquire on his investment, similar to every other investor.

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If you have a job that is funded directly through the Immigrant Financier Program and it is thought to be using undocumented employees, Migration and Traditions Enforcement could examine the company, could they not? Mr. Divine.

Mr. Divine. Every one of these companies is needed to finish the I-9 form, but USCIS goes an action further and does a check of some kind that led to the case that has actually been mentioned. I am not a witness below, yet I am so struck by Mr.

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I mean, Imply recommend EB5 Regional Center Program that advise of you actually-- In fact North, in your case, instance out obtain inside the Beltway and go up there and talk with speak of these people.

Mr.

I asked Mr. Stenger this. Mr.

I mean, indicate agency in effect is-- USCIS is a fee-funded agency, firm it is essentially kind basically running a business and service to cover its expenses with costs income that is generated. To run this program appropriately, USCIS needs to staff up in a big way, dealing with the quantity that is currently there and expecting the boosted volume of more investment as we obtain also close to half of the 10,000 visas that are offered in this group.

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I suggest, that has actually reached seem like a contrasting scenario, and you would picture that it is going to hold somebody back. Currently, I am not stating that they are holding back, and I know that they are attempting to staff up due to the fact that I am certain they think and wish 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 spend their time and sources in trying to clear up the regulations of this program to make sure that everybody recognizes whether they can qualify or otherwise and which type of jobs are mosting likely to certify and so forth? We need that consistently.

And, Mr. EB5 Regional Center Program. Stenger, we in Vermont-- again, a small State, but we have the State federal government involved with the Vermont Regional Facility. Does that include advantages to Vermont's program? Mr. Stenger. The reality that the State of Vermont is the local facility manager, and in fact I guess you would call it the owner of the regional facility, has been a tremendous advantage.

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