Except for the 2nd point (labor law), MIT grad that moved back to their home country would work, but most people in Latin America and Africa graduated from loca

Except for the 2nd point (labor law), MIT grad that moved back to their home country would work, but most people in Latin America and Africa graduated from local university that are not as good as US or European universities (or at least not recognized as such). So this is not going to create a big equalizer.