Please let me know the duration of L1 visa and if it can get renewed , also the wages , salaries that one can get on L1 visa.
for H1B visa , people get around 48 K per year and how about L1 Visa holders ?
The law requires prevailing wages to be paid to H1B holders. While those may be around 48K in some places, I've seen people paid twice that. Bottom line: It depends a lot on the circumstances, and I would expect that to be true of other visa types as well.
Thanks for the reply
well yes , also on compensation basis , I came to know that I would get transfered to Cincinati Ohio on L1 . I know that living expenses of the cincinaty are on a lesser side than other US cities so just want t know if its Ok to go there on L1 and save some money .
Also whats the duration of the L1 visa
The max. time you can be on L1B visa in US is 5 years.
If I recall correctly, a blanket L1B is issued for a year and an individual L1B, for 3 years. Both of them can be extended.
There's no specific wage or salary to be paid on L1: some people get a full US salary, others get some kind of "living allowance" and their home country salary. I guess depends on the tax laws/agreements between US and your country.
Regarding saving money, depends on your salary, the cost of living of the place you're living, your lifestyle, etc.