I am in USA and have valid H1B till Dec 2013 .
Currently , I am on bench with my current employer , and my spouse is also here on H1 through same employer. I want to stay with my spouse hence ,I was thinking of transfering my visa from H1 to H4 .
Once I get job opportunity again with my current employer I would like to convert H4 to H1.
My questions are :
What is the process to convert H1 to H4?
What will be the status of my H1B once I have applied/or I have H4 visa.
As my current H1B is still valid till Dec 2013 will it get cancelled once I get converted to H4?
I have heard on various forums that , if I convert my H1 to H4,my H1 status will be suspended and not cancelled. Is it true?
If opportunity comes for work while I am on H4 , does my current employeer who has processed my H1B need to apply for H1 again in quota or will he use the existing H1 which is valid till Dec 2013 .
How much time would it take to convert back from H4 to H1 and the cost involved for the employeer to do the same.
Please provide us with your valuable guidance as soon as possible as this is urgent.