I'm currently an academic H1B holder. I'm wondering if I can work for a company based on my university's arrangement with this new company (which is branching off from the university) while also receive stock options? In the meantime, the company will apply for the quota-based H1B visa for me. Would this arrangement work? How will this affect my future green card application?
Answer
Your H-1B is for specific employment with a specific employer. There are instances wherein you would not need a new petition to work with the new employer if there is a corporate merger, acquisition, or reorganization. We would need more information to give a definitive answer.
Vincent Martin
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