Asia

India and The Philippines are popular offshoring destinations thanks to their large pool of highly-skilled English-speaking engineers and lower costs compared to Europe. India is especially known for offering excellent value for money, with highly-trained engineers and a reputation for producing top-notch software engineers. The Philippines, on the other hand, is more focused on IT support and contact centres.

Eastern Europe

Building a nearshore team in Eastern Europe is a viable option for Western European companies. With similar rates to Asia (€20-45 per hour) and a more familiar time zone, countries like Ukraine, Poland, and Romania are becoming popular destinations.

Latin America

North American businesses can benefit from offshoring to Latin America, which offers proximity and negligible time difference. Mexico, Argentina, and Brazil are among the countries with hourly rates averaging €25-45 per hour for developers, making them attractive options for companies looking for skilled talent at competitive rates.

When building an offshore team, companies often prioritise the location and rates of the country. However, partnering with the right offshore development team can be the key to maximising success. With their expertise and resources, an offshore development partner can help build and manage a highly effective team. So, it's essential to carefully consider the partner you choose before embarking on your offshoring journey.

Click here to know more about  offshoring rates by country