concurrent H1B visa from exempt to non exempt employer

[kp1975]

Hi seniors and other members
I am in a strange situation now. My current visa at a university expires in sept 2008 and i am interviewing for profit companies and most likely to have a job offer by march 08; could you please, please answer my doubts
1) if the profit company applies for my H1B visa on April 1st, 2008 when i will i come to know if i got it? ( I have PhD from US univ, so come under additional 20K visa quota)
2) can i ask company lawyers to apply for both 65K (regular) and 20K (US degree) categories?
3) once i get approved for the company H1B visa (to start from Oct 1, 2008), can i apply for H1B transfer by, say, by May '08 and start working for the company (CONCURRENT VISA)? (say, my university approves this transfer) and how early i can apply for this transfer? can i apply as soon as my company H1B is approved?
4) How many hours should I have to work for the university and the company if i get a H1B transfer? is there a set limit?
I really appreciate your help and guidance. I searched previous posts but could not find an answer.
Thanks a lot
KP

[simran]

Hi seniors and other members
I am in a strange situation now. My current visa at a university expires in sept 2008 and i am interviewing for profit companies and most likely to have a job offer by march 08; could you please, please answer my doubts
1) if the profit company applies for my H1B visa on April 1st, 2008 when i will i come to know if i got it? ( I have PhD from US univ, so come under additional 20K visa quota)
once u have a receipt
2) can i ask company lawyers to apply for both 65K (regular) and 20K (US degree) categories?
i think u should apply under 20k only
3) once i get approved for the company H1B visa (to start from Oct 1, 2008), can i apply for H1B transfer by, say, by May '08 and start working for the company (CONCURRENT VISA)? (say, my university approves this transfer) and how early i can apply for this transfer? can i apply as soon as my company H1B is approved?
no need to get H1 first, just file a H1 Xfr from exempt H1 to nonexempt
4) How many hours should I have to work for the university and the company if i get a H1B transfer? is there a set limit?
u cannot work for both if H1 Xfr is approved.
I really appreciate your help and guidance. I searched previous posts but could not find an answer.
Thanks a lot
KP

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[kp1975]

Thank you so much Simran
KP