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Posted on 23 Sep 2011
Q.

H1 visa getting paid in stock

I am on L2 status with EAD. I will be on H1-B starting Oct 1st. My H1-B was sponsored by my current company.
My company is undergoing financial setback. So they are paying employees with stocks( salary equivalent).

1) I am getting paid in stocks now, but starting Oct 1st if I continue to be paid in stock, then will it affect my H1 status?
Is this Legal? what are the consequences?.

2)Meanwhile I am also trying to find job in some other company. If some company agrees to transfer my H1B, will it be a problem since I am getting paid in stock? H1B transfer requires me to produce my previous paystubs. Can I show my stock paystub as my salary paystub?

3) If my current company gets acquired by some other company, how my h1B is going to be affected?

User's Location: marietta, Georgia, United States of America
Category: H1B Visa (Work Visa)
Posted on 27 Sep 2011
A.
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Dimitar Michailov
Immigration Lawyer
Capitol Immigration Law Group LLC
(888) 878-4721

www.cilawgroup.com

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