This is the absolute top of the top, domestic tech in Mexico pays pretty poorly. Google (as of last year) also let people transfer from high COL to lower COL, reduce their base, but keep the original RSU contract, which will probably skew reported compensation.
It's the same in all of Europe. You need to work for international big-tech to make decent money, which is also very competitive in terms of job applications. Domestic SW shops pay shit.
That salary is actually below the minimum income for permanent residency (but above the 4 yr temporary residency threshold). If you want to stay beyond 4 years, you'll need to either pony up for a sufficiently expensive house or show $300k usd in a bank account over the past year.
Those properties are beautiful! I can get a beachfront villa for practically nothing. In Canada something that close to the water would be several million dollars despite not even having a tropical climate.
What is Mexico's visa policy w.r.t. NAFTA/CUSMA professionals? Can I just get in temporarily as a software engineer akin to TN-1 in the USA?
That’s really interesting to think about. I had seen a list of the most expensive streets and Polanco is home to one of those (the commercial Avenida Presidente Masaryk) and Atherton is on the list too (the residential Walsh Road).
But that's also because the richest people aren't so affected by low cost of living. Prices temd to be based on what people can afford. And those neighbourhoods tend to be for the top 0.1%