Nowadays remote is as good as local. There is really no big difference from what physical location one is accessing project's resources (repos, tracking, etc).

Nowadays remote is as good as local. There is really no big difference from what physical location one is accessing project's resources (repos, tracking, etc). Big and sophisticated projects like GHC (leave alone Linux kernel) are being successfully developed by remote teams. The only downside is that pointy-haired managers cannot easily bully and abuse (with unpaid hours) migrant employees and there is no easy and accessible personal payment solution (Paypal sucks for non-us citizens) due to "anti-terrorism" money-control cretinism. Actually, there is no technical problems at all, only organizational.