WHY HIRE EXPATRIATE EMPLOYEES?
Nowadays, Mexico is one of the most popular destinations to work and settle for expats; however, often times, it is believed that hiring an expatriate employee is simple, without taking into account obligations with both the new employee and the government of destination.
Expatriation has become a widespread practice, and some of the reasons why it is growing so much is to cope with international competition, along with necessary specialized knowledge and skills. Often times, additional to economic benefits, expatriation is an appealing professional experience for the employee.
It is often easy for companies to have a number of candidates willing to move to a foreign country for a certain amount of time; however, adaptability of the expat and his/her family, along with a new professional challenge in a foreign culture and different working conditions may be defiant, together with a different taxation system which might have a direct effect of the true obtention of the above-mentioned economic benefit.