I 140 rejected in 5 year of H1B... options?

L

late_twenties

Registered Users (C)
I just received an email from my lawyer that my I 140 was denied.
The reason stated was my company is not able to prove the funds to support my salary.
I am on 5 year of H1-b. Exactly one year left.
I dont want to stay with same company if I have to file fresh in PERM. What are the best options available for me now?
If I transfer the H-1, do I have enough time to get approve in PERM and a new I 140 to file extension for three more years on H1-b?
please help....
 
Find a new employer immediately - an employer willing to transfer H1B and also file willing to file fresh LC under PERM (with the H1B quota over, hopefully a lot of consultancy companies may be willing to entertain such requests).

Once you have transferred your H1B, hopefully you will get PERM approval soon (usually, within 3 months), apply for I-140 (I-140 under premium is better cos you get 3 year H1-B extension if I-140 is approved) and then apply for H1-B extension based on I-140.
 
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