Reapplying for H1B from L1B

neo23

New Member
Hi,

Following is my current status:
Initially came on H1B with Company A in December 2003
Got converted to L1B by same company A in June 2006
My current L1B is valid till May 2008

I want to covert/reapply for H1B through another Company B. I have following questions:

1) Do I come under the Cap? i.e. if I apply for the H1B, do I need to wait till October. If no then normally how long does it take?
2) If I dont come under the Cap, can I apply even after October?
3) As far as I understand L1B will only be valid for 5 years. If I can get it transferred to H1 then does it extend my stay to 6 Years?

Thanks for your help!
 
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