First of all, I have got lots of great information and insight from this website. Thanks, you all!

My scenario:
I, a Chinese citizen and H1B visa holder, posted my resume on line and tried to find a better job one month ago. Unfortunately, my current employer found my resume on line and had a conversation with me last week. A colleague will take over my responsibilities eventually. It is possible that my boss will fire me after the transition period. Now, I have to prepare for the worst scenario. I have not applied for any school yet at this moment. It might take a while to get an I-20 from my former school. I expect it may take up to three months to find a new job from now. I plan to maintain legal status and continue to hunt for a job even after being laid off. My questions are:
1. In case I was laid off, should I change status to B2 or F1?

2. If I change to B2, how long could I stay at the States and continue to seek for a new job?

3. If I change to F1, what is the most quick way to get an I-20? Community college, or my former school (I was a MBA student at Louisiana Tech).

4. If I go back to China and successfully to find a job in the States while I am in China within a year, will I exempt from the H1B cap?

Hope some one who had similar scenario will share his/her experience or insight with me.

Your help will be highly appreciated!

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Originally Posted by Techbulldog

First of all, I have got lots of great information and insight from this website. Thanks, you all!

My scenario:
I, a Chinese citizen and H1B visa holder, posted my resume on line and tried to find a better job one month ago. Unfortunately, my current employer found my resume on line and had a conversation with me last week. A colleague will take over my responsibilities eventually. It is possible that my boss will fire me after the transition period. Now, I have to prepare for the worst scenario. I have not applied for any school yet at this moment. It might take a while to get an I-20 from my former school. I expect it may take up to three months to find a new job from now. I plan to maintain legal status and continue to hunt for a job even after being laid off. My questions are:
1. In case I was laid off, should I change status to B2 or F1?

2. If I change to B2, how long could I stay at the States and continue to seek for a new job?

3. If I change to F1, what is the quickest way to get an I-20? Community college, or my former school (I was a MBA student at Louisiana Tech).

4. If I go back to China and successfully to find a job in the States while I am in China within a year, will I exempt from the H1B cap?

Hope some one who had similar scenario will share his/her experience or insight with me.

Your help will be highly appreciated!

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1. F1 is more flexible as you may not get longer term with B2. Imagine what will you do if you get 1 month stay.

2. Depend on reasons and financial documents. Currently the chance to get 6 months is slim.

3. Try contact your former advisor at Louisiana Tech, he may help making things faster for you.

4. It's more difficult in my opinion. Employment visas are not limited to H1B only, try different channel.

Thanks for your info, lawanwadee