Those of you building a corporate finance (not banking) career in Mexico, how would you compare it to Europe / the West ?

Posted by Fair_Appointment7403@reddit | expats | View on Reddit | 0 comments

I am in the process of currently building up my career in Germany and plan to accumulate at least five years of experience in areas of IFRS controlling accounting etc. + get ACCA qualified. I’ve made a lot of research about ideal countries to expat to and I saw apparently in some key sectors like IT and finance Mexico is experiencing a boom in near shoring and investment from western companies relocating their headquarters to mexico to save money and pay relatively competitive salaries for the cost of living, especially in CDMX. I am not talking about accounting roles for local mexican companies, i am referring to regional hubs and shared services centers where the role‘s scope is more international. I am beyond tired of Europe and feel way more connection & chemistry with Americans and hispanics in my experience, so that’s an added bonus. How doable is it to build a relatively well paid career in finance in Cdmx? what is the potential for disposable income compared to, say, Germany? I say that considering I do not want to learn any additional European language to “advance” my career here in europe. I am a native French speaker and it took me a lot to get to a near native level in English, I do have intermediate Spanish and that is the only language I’m willing to work on to get fluent to. You can get by in Europe with English but at some point you hit career ceilings