My H1B visa expires on Nov 2013 and my priority date is Aug 2011 under F2A visa. There is high probability that priority date may get current by Nov 2013. In this situation should I renew H1B visa or should I wait? Kindly suggest.
You can file the H-1B extension immediately before the H-1B expiration date. Complete the preparatory work so that you are ready to file for extension if the F2A priority date is not reached by then. You are entitled to continue woring under the H-1B status for 240 days past the expiration date as long as you have a timely filed (on or before the H-1B expiration date) application for extension.
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Priority dates cannot be predicted so it's not current until it's current and since you probably have to maintain status in order to adjust, h1b renewal is probably the best idea.
As always, consult with an attorney for a comprehensive review.
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I agree with my colleagues ... extend the H ... there is no way to guarantee that your priority date will be current by November 2013.
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