As posted above, we had great success with Mexican hires out of Mexico City.

General perception was the universities there produced qualified graduates who were not paper tigers (or didn't lie about creds).

Rates for them were pretty good, and we had better alignment with timezones and holidays.

Reasonably good alignment in terms of legal and HR issues -- easier to enforce than, like, Bangladesh

The NAFTA / USMCA / whatever its called now Visa made it easy for them to come across the border for a few years as well. Pay bump for a while plus a chance to work in HQ or the IT office directly, make fat stacks, and then rotate back to MX and buy a nice house. The Mexico City PMs were also instrumental for bridging the language gap when running projects in other LATAM countries.

Trump's ICE might be the end of that approach tho