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What happens to L-1 aliens legal status when he/she gets laid off?

Alien happens L-1 laid Legal Status
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What happens to L-1 aliens legal status when he/she gets laid off?

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An L-1 alien’s legal status is directly linked to his current job, in the event the alien gets laid off then he/she has to leave U.S immediately. The L-1 alien can avoid leaving the country if they can find another employer that can apply for their H1-B.

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