L1 Visa questions

Friends

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 ?

Thanks

for H1B visa , people get around 48 K per year

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.

does it depend on company to company ? from google i do know that L1 visa holders are paid less than H1B holders. still I would like to know if its worth going to US on L1 .

That depends on your definition of "worth". Are you talking purely about monetary compensation, or would other factors be worth something to you 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.

Amit Basnak wrote:from google i do know that L1 visa holders are paid less than H1B holders.

That is not a generally true statement. There is not be a prevailing wage requirement for the L-1, but there are plenty of employers who pay L-1 holders the same or more than H-1 holders.

You are making a fundamental error if you believe that visa status automatically determines compensation.

Cheers!

Luke