I am expecting to receive Canadian PR next month. I am also expecting to get my H1B from Oct. Is it possible legally that I live in Canada but work on H1B in US? Is anyone doing it?

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I had consulted an immigration attorney for the same question.
You can apparently do it. Its just that you will be making an international border crossing literally every week to go to work (assuming you are going to fly out every week).
While that is ok, if you every want to process your green card, your application may look funky and take more time to process.

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Yes , you can do that .

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Can be done - I have done this with L1 and know others who did it with TN/H1B. However, the person I know who did this with H1 was several years ago (2011-2012). At the time there was not such a stringent LCA requirement so look into that a little further.

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I don’t think you can do that

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