Visual Studio 2012 designer crashes after developer license renewal

It has happened to be me twice. As soon as my developer license expires and it prompts me to renew it, my visual studio designer starts to crash and i get following exception when i try to load any xmal:

System.Runtime.InteropServices.COMException
The application cannot be started. Try reinstalling the application to fix the problem. (Exception from HRESULT: 0x80073CFC)
   at Microsoft.Expression.HostUtility.AppPackage.AppPackageNativeMethods.IApplicationActivationManager.ActivateApplication(String appUserModelId, String activationContext, ActivateOptions options, Int32& processId)
   at Microsoft.Expression.HostUtility.AppPackage.WrtUtility.ActivateApplication(String appUserModelId, String activationContext, Object site)
   at Microsoft.Expression.HostUtility.Platform.AppContainerProcessDomainFactory.ActivateApplicationInternal(String appUserModelId, String activationContext, Object site)
   at Microsoft.Expression.HostUtility.Platform.AppContainerProcessDomainFactory.CreateDesignerProcess(String applicationPath, String clientPort, Uri hostUri, IDictionary environmentVariables, Int32& processId, Object& processData)
   at Microsoft.Expression.DesignHost.Isolation.Primitives.ProcessDomainFactory.ProcessIsolationDomain..ctor(ProcessDomainFactory factory, IIsolationBoundary boundary, AppDomainSetup appDomainInfo, FrameworkName targetFramework, String identifier, String baseDirectory)
   at Microsoft.Expression.DesignHost.Isolation.Primitives.ProcessDomainFactory.CreateIsolationDomain(IIsolationBoundary boundary)
   at Microsoft.Expression.HostUtility.Platform.AppContainerProcessDomainFactory.CreateIsolationDomain(IIsolationBoundary boundary)
   at Microsoft.Expression.DesignHost.Isolation.Primitives.IsolationBoundary.Initialize()
   at Microsoft.Expression.DesignHost.Isolation.Primitives.IsolationBoundary.CreateInstance[T](Type type)
   at Microsoft.Expression.DesignHost.Isolation.IsolatedExportProvider.Initialize()
   at Microsoft.VisualStudio.ExpressionHost.Services.VSIsolationService.CreateExportProvider(IIsolationTarget isolationTarget, ICatalogFactory catalogFactory, IExportFilter filter)
   at Microsoft.Expression.DesignHost.Isolation.IsolationService.CreateLease(IIsolationTarget isolationTarget)
   at Microsoft.Expression.DesignHost.IsolatedDesignerService.CreateLease(IIsolationTarget isolationTarget, CancellationToken cancelToken, DesignerServiceEntry& entry)
   at Microsoft.Expression.DesignHost.IsolatedDesignerService.IsolatedDesignerView.CreateDesignerViewInfo(CancellationToken cancelToken)
   at Microsoft.Expression.DesignHost.Isolation.IsolatedTaskScheduler.InvokeWithCulture[T](CultureInfo culture, Func`2 func, CancellationToken cancelToken)
   at Microsoft.Expression.DesignHost.Isolation.IsolatedTaskScheduler.<>c__DisplayClassa`1.<StartTask>b__6()
   at System.Threading.Tasks.Task`1.InnerInvoke()
   at System.Threading.Tasks.Task.Execute()

I have tried a lot to find a solution to the problem but nothing worked the only way out was to re-install windows and re-install visual studio all over again.

Try clearing your visual studio and team foundation server (if applicable) cache. I know it sounds weird but my team all went through a very similar issue and this was the only thing that worked consistently (aside from a full re-install).

Delete all files in these locations:

TFS Cache: C:\Users[UserName]\AppData\Local\Microsoft\Team Foundation[Version]\Cache

One possible VS Cache Location: c:\Users\\AppData\Local\Temp\VWDCache

Connect issue that may or may not apply, just shows that VS loads cached versions of projects potentially with conflicting license information in your case: https://connect.microsoft.com/VisualStudio/feedback/details/758523/visual-studio-2012-reloads-a-cached-version-of-an-edited-csproj-file