My Wife is on EAD and we are planning to start a side business on H4 EAD. My wife’s employer put in H1b for her in 2022 Lottery and todays in 3rd lottery we came to know it got picked up. We are still mulling how to go forward. Is it good to apply for change of status, move to H1B and give up on business plan? Or give up H1B lottery opportunity and stay on H4 EAD and continue business plan? Now that H4 EAD issues are being reduced, can we take this risk?
If there a way to move to H1B(COS) and once its approved, move back to H4EAD. and in the future can we move back the same H1B as it in unused?