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But the law states you have obtained to spend for 2 years which is all. Second, at one of the stakeholders conferences place 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 just ask, Mr. Divine, you hear this criticism that the cash only has actually to continue to be invested for 2 years. Mr. Divine.






It is none much easier always than when it remained in the conditions that brought about the foreign capitalists being the very best alternative for financing things to begin with. Hi there, if it is a successful project, it makes cash, and it can be marketed, I do not see any kind of reason why the job need to not be able to be offered and for the investor to be able to realize the return of his investment, possibly acquire on his financial investment, just like every other capitalist.


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EB5 Regional Center ProgramEB5 Regional Center Program
If you have a project that is moneyed directly with the Immigrant Investor Program and it is believed to be utilizing undocumented workers, Migration and Traditions Enforcement could check out the employer, could they not? Mr. Divine.


Mr. Divine. Every one of these employers is needed to finish the click to find out more I-9 kind, but USCIS goes a step better and does a check of some kind that led to the case that has been stated. I am not a witness below, however I am so struck by Mr.


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I mean, I recommend that suggest of you actually-- In fact you can try these out North, in your case, instance out obtain inside the Beltway and go up there and talk with speak of these people.


EB5 Regional Center ProgramEB5 Regional Center Program
Mr.


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


I mean, suggest agency in company is-- USCIS is a fee-funded agency, company it is read more essentially kind of running a business and service to cover its expenses with expenditures income that is generated. To run this program appropriately, USCIS needs to staff up in a large way, dealing with the quantity that is already there and anticipating the boosted volume of more financial investment as we get also close to half of the 10,000 visas that are available in this category.


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I indicate, that has obtained to seem like a conflicting circumstance, and you would certainly think of that it is mosting likely to hold someone back. Currently, I am not saying that they are holding back, and I know that they are trying to staff up due to the fact that I make certain they think and hope that the program will be reauthorized for the benefit of the Nation.


And is that actually where they are mosting likely to have the ability to spend their time and sources in trying to remove up the regulations of this program so that everybody knows whether they can qualify or otherwise and which kinds of projects are going to qualify etc? We require that constantly.


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

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