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Visa expiration date reduced on renewal

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My L1-B visa got issued in 2015 and it had an expiration in 2020. The PED was valid till 2017. When I renewed my visa in 2017 the PED got extended by 2 years to 2019. But the visa expiration also changed from 2020 to 2019. I am not sure what this means. Can I not extend my visa for the last one year allowed in the 5 year term? Will be great if someone can shed light on this.


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