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But the regulation states you have actually reached invest for 2 years and that is all. Second, at one of the stakeholders meetings place on by USCIS, I asked an inquiry: Have you done any type of research study on just how much money remains past the 2 years? And the answer was no


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

It is not any simpler necessarily than when it was in the problems that brought about the international financiers being the best alternative for financing the important things in the very first place. Hi, if it is a successful task, it makes money, and it can be offered, I do not see any reason why the project need to not be able to be marketed and for the financier to be able to recognize the return of his investment, possibly get on his investment, just like every other investor.

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If you have a project that is moneyed straight through the Immigrant Capitalist Program and it is thought to be employing undocumented employees, Immigration and Customs Enforcement could explore the employer, could they not? Mr. Divine. They could. I mean, I assume what we need to understand likewise is that the case that is being pointed out as evidence that in some cases these tasks have actually hired an unapproved worker is one in which USCIS did some sort of checking and determined that the employee was not licensed and stopped it.


Chairman Leahy. That would be the very same with any type of firm. Mr. Divine. Every one of these employers is needed to finish the I-9 type, yet USCIS goes a step better and does a check of some kind that resulted in the instance that has been stated. Chairman Leahy. I am not check over here a witness here, however I am so struck by Mr.


I imply, I advise that all of you really-- Mr. North, in your instance, get out from inside the Beltway and rise there and talk with a few of these people. For one point, you do not have way too many prohibited immigrants that rather have the Vermont accent you hear around there, specifically when they chat about their grandparents that live there, and parents and more.

They will claim, "We have obtained regarding 9 of us below, and we have been below considering that 5 o'clock this morning, Mister." [Giggling.] Chairman Leahy. Not rather what an illegal alien could be claiming. I think Mr. Stenger would claim that one of his British investors was believing, "Are we all talking the exact same language below?" Mr.


I asked Mr. Stenger this. Let me ask you what your experience is as a previous firm official. What does it do if Congress keeps meeting a last-minute reauthorization? In this situation you can look here it would certainly be, I think, September of next year, September of 2012. What does that do to a firm trying to provide a program if Congress waits till the last few days to reauthorize it? What is the useful result? Mr.

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I suggest, the agency in result is-- USCIS is a fee-funded company, so it is basically kind of running a company and needs to cover its expenses with the revenue that is generated. To run this program appropriately, USCIS needs to staff up in a large way, taking care of the quantity that is currently there and anticipating the enhanced volume of more investment as we get back at near to half of the 10,000 visas that are offered in this classification.

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I imply, that has reached feel like a clashing situation, and you would think of that it is mosting likely to hold someone back. Currently, I am not claiming that they are keeping back, and I recognize that they are trying to staff up because I make sure they believe and wish that the program will be reauthorized for the benefit of the Country.


And is that really where they are going to have the ability to spend their time and sources in attempting my review here to clear the regulations of this program to make sure that everyone recognizes whether they can certify or otherwise and which type of jobs 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 federal government included with the Vermont Regional. Does that include advantages to Vermont's program? Mr. Stenger. The reality that the State of Vermont is the regional facility administrator, and really I guess you would call it the owner of the regional center, has been an incredible advantage.