How long can i stay on L1B

steve_edward

New Member
I am on a blanket L1B. The petition was approved in apr 2002, but I came to US last year - apr 2004.
Now my company applied for the petition renewal and it has been renewed till apr 2007.

I know that the max time a person can stay on L1b is 5 years.

Now
1. Is the 5 years counted from the petition approval date (apr 2002) or the date on entry into US (apr 2004) ?
2. I want to apply for my GC soon. Is there a extension similar to H1 for L1 also after the 5 years are completed ?

thanks for the help,

Steve
 
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