Is it possible to have H1b applying to a greencard and meanwhile live in another country? Need to finish certain business there.
Short answer : yes. Employment based Green card is for future need. H1B is for current need. You need not even be on H1B to apply for green card
What do you mean by “you need not even be on H1b to apply for green card”?
Exactly that. How people can apply GC for parents under family category, even if they are not in the US? Similarly, employer can apply for GC even if you are not in the country and not on H1B or L2 or whatever. USCIS does not care. However, employers prefer to get employees on H1B, since it is faster, and employees are stuck.
Totally - but there will be a period where you can not enter the US until you get 'parole' to re-enter. Plan it well.
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Why you need green card when you are living in another country? The misuse of US immigration policies have led to new policies enacted by trump.. few bad apples have converted the whole process into a quagmire.. first blame should go to Indian IT services companies..