On Feb 5, 11:25 am, P wrote:
> I am from India, came to U.S on a F-1 student visa to get a Master's degree
> in Industrial Engineering, worked 1 year on my OPT(Optional Practical
> Training) after I finished my degree and now have to depart U.S within the
> 60 day grace period after my OPT expired.
>
> But, I plan to come back in Oct on H-1B visa as a company in U.S has agreed
> to sponsor my H-1B from oct 2008 onwards. I have to go back now, come in
> Oct with a H-1B stamp if I manage to get one. I have some interest bearing
> savings accounts in U.S which I opened as a student on F-1 visa.
>
> Do I have to close them before I leave U.S?
Wouldn't it be wise to do so?
>Do I have to file taxes before
> I leave or can I do it from India?
You can file form outside US if you need to file; I think you need to
file since you lived here last year..
>I don't want to close the bank accounts
> as then I have to open it again if and when I come back. I would rather let
> the funds remain in the bank to pay off my credit card remaining balances.
How do you know when you will be back? Are H-1 quota unlimited these
days?
>
> Is it legal and allowed as per F-1 visa regulations? Would there be any
> other complications or matters I need to be aware of as I came on F-1 visa?
>
> Can anyone please clarify?
>
> Thanks a lot.
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