What's a better visa? H1B or L2 (dependent)?. In terms of reliability, job opportunities.

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H1B. Because L2 is tied to your spouse visa. If your spouse looses L1 you loose L2 as well. Also, you don’t get any grace period to stay in US after L1 holder looses job. Both of you have to leave US soil immediately.

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OP to your question on leaving with fresh H1b. Let’s say you got your petition picked up in lottery and your petition got approved then you will have to intitate that H1b by leaving US soil and then entering US with H1b stamped. Once you do that you can leave that company and also leave the country. You can then re enter US let’s say after one year, only if you have a approved petition(H1b transfer approval) I am assuming you changed your job in this case.

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Depends . On l2 you are not bound to specific job profile and don't need sponsor however tired to L1. Also, you can work on L2 and save H 1 years left for future ( assuming GC is not filled yet)

Oh can I pause and h1b and resume it when I want?

As long as you have sponsor

H1 b will be valid for upto 6 years on h1-b status inside US

Suppose I leave the country with a fresh h1b and am not employed for a year and return to US the next year, can I resume the old H1B with a new employer? ( after filling necessary updates with uscis of course).. Sorry it's convoluted.

Again I am not immigration lawyer lol. However I have seen people doing like this. As long as you previous employer has not revoked your h 1-b and you have new single for h1-b

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