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But the law claims you have obtained to invest for 2 years and that is all. Second, at one of the stakeholders conferences place on by USCIS, I asked a concern: Have you done any type of study on how much money remains beyond the 2 years? And the answer was no


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






It is not any easier always than when it was in the problems that resulted in the international investors being the most effective alternative for funding the thing to begin with. Hey, if it is an effective task, it makes money, and it can be offered, I do not see any reason why the project ought to not be able to be sold and for the capitalist to be able to understand the return of his financial investment, possibly gain on his financial investment, simply like every other investor.


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EB5 Regional Center ProgramEB5 Regional Center Program
If you have a project that is funded straight through the Immigrant Capitalist Program and it is thought to be utilizing undocumented employees, Migration and Customs Enforcement could examine the employer, could they not? Mr. Divine.


Mr. Divine. Every one of these employers is required to finish the I-9 form, however USCIS goes an action better and does a check of some kind that led to the instance that has actually been pointed out. I am not a witness below, yet I am so struck by Mr.


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I mean, Imply recommend that all of you actually-- Really North, in your case, get out from inside the Beltway and go up there and talk with some 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 firm isResult USCIS is a fee-funded agency, so it is essentially kind of running a business and company to cover its expenses with the income that is generated. To run this program correctly, USCIS requires to staff up in a big method, dealing with the quantity that is already there and preparing for the boosted volume of even more investment as we obtain also close to half of the 10,000 visas that are available in this category.


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I indicate, that has reached really feel like a contrasting situation, and you would imagine that it is mosting likely to hold somebody back. Now, I am not saying that they are keeping back, and I understand that they are attempting to staff up due to the fact that I make sure they think and really hope that the program will be reauthorized for the benefit of the Country.


And is that actually where they are mosting likely to have the ability to invest their time and sources in trying to improve the regulations of this program to make sure that everybody knows whether they can qualify or otherwise and which kinds of tasks are mosting likely to certify and so forth? We require that continuously.


And, Mr. Stenger, we in Vermont-- again, a small State, yet we have the State federal government involved click here with the Vermont Regional. Mr. Stenger.

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