Unosquare is the Gateway to Nearshore. Services
Why Mexico?
- Mexico's population is 104 million people, representing the world's 10th largest economy with the largest number of IT graduates in Latin America.
- Unlike offshore currencies, the Mexican Peso is more closely aligned with the US Dollar, providing some cost consistency that is missing from the Offshore Vendor equation.
- Mexico is the United States 2nd largest trading partner - just behind Canada - and a partner in the North American Free Trade Agreement (NAFTA) which provides visa advantages that no other locations have.
- Mexico is ranked 1st in the number of daily flights to and from the United States
- The UN Ranks Mexico 4th in per-capita foreign direct investment received.
- Mexico has better beaches than India or China
- It takes an average of 2-3 hours to fly there from Houston, Atlanta or Los Angeles and costs about $500 for a roundtrip ticket.
- The embedded family connections between the US and Mexico has created a strong cultural affinity between the two nations. And, for the most part, Mexicans still like Americans.
- Finally, if we believe sending jobs out of the US is a necessary business strategy, then let's work with our neighbor right across the border instead of South America or Asia.
Nafta Visa
This is probably the greatest advantage for larger vendor programs with a lot of moving parts ie. Resources. This class of Visa takes between 1 and 2 weeks to attain and, unlike the H1b or L1 visa, there are no caps, or annual quotas, on the number of Visa’s one company can acquire. NAFTA Visas provides the following advantages:
- No quotas
- Fast turnaround time (1 – 2 weeks)
- Annual administrative renewal
- Required if resources stay in the US for more than 3 months
- Allows for NSS providers to contribute Social Security and employment tax dollars to the US employment tax system
