Would you be willing to compete wage wise? It's completely possible to find programmers that speak English for single digit hourly wages.

I wouldn't be competing with the single digit programmers, but yes. Geography still matters for remote employees (due to time zones and the need for an occasional face time) as does the level of English and obviously the level of experience. The pool of people that fit that description isn't so large that I would have to work for minimum wage from the comfort of my mountain cabin.