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But the regulation claims you have reached spend for 2 years which is all. Second, at one of the stakeholders conferences put on by USCIS, I asked an inquiry: Have you done any research study on just how much cash stays beyond the 2 years? And the response was no


Senator Grassley. Thank you, Mr. Chairman. I would love to have a second round. Chairman Leahy. Absolutely. Let me simply ask, Mr. Divine, you hear this criticism that the cash only has actually to continue to be invested for 2 years. Has that been your experience? Mr. Divine. If money obtains taken into a resort, as I was starting to discuss earlier, the programmer of that project would certainly have to have the ability to find somebody to purchase the hotel or would certainly have to be able to locate someone to re-finance it with other money.






It is not any type of much easier necessarily than when it remained in the problems that brought about the foreign financiers being the very best choice for financing the thing in the initial area. However, hey, if it is a successful project, it generates income, and it can be offered, I do not see any reason that the job ought to not have the ability to be sold and for the capitalist to be able to realize the return of his financial investment, possibly get on his investment, similar to every various other financier.

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If you have a project that is moneyed directly via the Immigrant Investor Program and it is believed to be utilizing undocumented workers, Migration and Customs Enforcement could explore the company, could they not? Mr. Divine. They could. I indicate, I think what we require to recognize also is that the situation that is being mentioned as evidence that in some cases these projects have actually employed an unauthorized employee is one in which USCIS did some kind of checking and figured out that the worker was not authorized and quit it.


Chairman Leahy. That would certainly be the very same with any kind of business. Mr. Divine. Each of these employers is required to complete the I-9 type, however USCIS goes an action even more and does a check of some kind that resulted in the case that has actually been discussed. Chairman Leahy. I am not a witness right here, however I am so struck by Mr.


I mean, I recommend that every one of you in fact-- Mr. North, in your situation, get out from inside the Beltway and go up there and speak with several of these individuals. For something, you do not have a lot of unlawful immigrants who rather have the Vermont accent you listen to around there, specifically when they discuss their grandparents who live there, and moms and dads and so on.


They will certainly say, "We have obtained about 9 of us below, and we have been here because 5 o'clock today, Mister." [Giggling.] Chairman Leahy. Not rather what an illegal alien could be claiming. I assume Mr. Stenger would state that one of his British financiers was assuming, "Are we all talking the same language below?" Mr.


I asked Mr. Stenger this. Let me ask you what your experience is as a previous company official. What does it do if Congress maintains tasting a final reauthorization? In this situation it would be, I believe, September of next year, September of 2012. What does that do to a firm trying to carry out a program if Congress waits till the last few days to reauthorize it? What is the sensible impact? Mr.

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I indicate, the firm in result is-- USCIS is a fee-funded company, so it is basically kind of running an organization and needs to cover its expenses with the income that is produced. To run this program properly, USCIS requires to staff up in a big way, website managing the quantity that is currently there and anticipating the boosted quantity of even more investment as we obtain even near half of the 10,000 visas that are readily available in this category.

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I mean, that has actually reached seem like a conflicting situation, and you would certainly visualize that it is going to hold somebody back. Currently, I am not claiming that they are keeping back, and I know that they are attempting to staff up because I make sure they believe and hope that the program will certainly be reauthorized for the benefit of the Nation.


And is that really where they are going to have the ability to spend their time and resources in attempting to improve the guidelines of this program to ensure that everybody recognizes whether they can qualify or not and which type of tasks are going to certify and so forth? We need that constantly.


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