layoffs realted H1B and GC query

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I am on an H1B visa with green card in process. I140 has been approved and I am waiting for my Priority date (Mar09) to become current.

The company I work for has been bought out by another and the possiblity of lay offs is quite real. If I loose this job how long do I have to find a new one and how long do I get to stay in the US before I have to leave. My I797 and visa are valid till September 2011.



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There is NO grace period for the H1 if you are laid off. To stay legal, it is best to immediately file a COS, e.g., to B2.

If you wish to return back to your home country, the employer by law has to pay for your return flight (not for dependents, though.)

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