This article will outline four steps for hiring international contractors overseas and how Wise can help cut costs on global payments. Do you need a 1099 for international contractors?Your guide for understanding how to hire and pay independent contractors around the world. Having a solid written agreement is crucial when you hire a foreign contractor. Effective August 28, 2024, a new law impacting the independent contractor relationship between a broker and associated licensees will go into effect. Understand tax requirements when hiring a foreign contractor. Our guide provides essential insights for seamless compliance with international tax laws. Most employers need an LMIA before they can hire a temporary foreign worker. Before you start the hiring process, you must determine if you need an LMIA.