All the comments here focus on the complexity/beaurocracy/contract/etc, without realizing there are companies like Deel that take all that complexity away. Also

All the comments here focus on the complexity/beaurocracy/contract/etc, without realizing there are companies like Deel that take all that complexity away. Also, some (smart) startups also have full time contractor agreements for ex-NA remote employees, so you are considered an employee in every aspect internally but rather than payroll you send an invoice every month. This works well because most employment contracts are tied to local market rates and bands.