Engineering is where nearshore economics stop being about price. Teams move to LATAM for real-time overlap with US product cycles and for seniority they cannot get offshore at the same collaboration quality. The failure mode is hiring on rate alone and losing the hire in six months to a better-paying competitor.
Starting salary
$1,650/mo
Venezuela, before burden
Time to hire
3-6 weeks to signed offers for mid and senior roles
Best markets
Argentina and Uruguay for senior and English depth, Brazil for scale, Mexico for full US timezone overlap, Chile for stability
Indicative monthly gross salary in USD equivalent, before statutory employer burden and service fees. The burden column is what most cost comparisons leave out.
| Country | Monthly salary | Employer burden | Guide |
|---|---|---|---|
| Argentina | $3,850 – $8,750 | 25–35% | Hiring in Argentina |
| Brazil | $4,200 – $9,400 | 40–55% | Hiring in Brazil |
| Mexico | $3,850 – $9,000 | 25–35% | Hiring in Mexico |
| Colombia | $3,300 – $8,100 | 30–45% | Hiring in Colombia |
| Costa Rica | $4,200 – $9,400 | 26–38% | Hiring in Costa Rica |
| Chile | $4,400 – $10,000 | 25–35% | Hiring in Chile |
| Peru | $2,750 – $6,900 | 28–38% | Hiring in Peru |
| Uruguay | $3,850 – $8,750 | 28–40% | Hiring in Uruguay |
| Ecuador | $2,400 – $6,250 | 22–32% | Hiring in Ecuador |
| Guatemala | $2,200 – $5,600 | 24–34% | Hiring in Guatemala |
| Dominican Republic | $2,750 – $6,900 | 25–35% | Hiring in Dominican Republic |
| Panama | $3,300 – $7,500 | 26–36% | Hiring in Panama |
| El Salvador | $2,400 – $6,250 | 24–34% | Hiring in El Salvador |
| Honduras | $2,200 – $5,600 | 24–34% | Hiring in Honduras |
| Nicaragua | $2,000 – $5,250 | 24–34% | Hiring in Nicaragua |
| Bolivia | $2,000 – $5,000 | 25–35% | Hiring in Bolivia |
| Paraguay | $2,100 – $5,250 | 25–35% | Hiring in Paraguay |
| Venezuela | $1,650 – $4,400 | 15–25% | Hiring in Venezuela |
| Cuba | $2,150 – $4,950 | 15–25% | Hiring in Cuba |
| Haiti | $1,950 – $4,500 | 20–30% | Hiring in Haiti |
| Suriname | $2,850 – $6,750 | 15–25% | Hiring in Suriname |
| Guyana | $3,450 – $8,100 | 14–22% | Hiring in Guyana |
| Belize | $3,100 – $7,200 | 10–18% | Hiring in Belize |
| Jamaica | $3,100 – $7,200 | 12–20% | Hiring in Jamaica |
| Trinidad and Tobago | $3,850 – $9,000 | 10–18% | Hiring in Trinidad and Tobago |
| Puerto Rico | $6,150 – $14,400 | 15–25% | Hiring in Puerto Rico |
Compare against a US in-house hire at $120,000–$185,000 base, before the roughly 25% payroll, benefits and insurance load.
Adjust country, seniority and headcount to see landed cost per seat and the annual delta against a US in-house team.
Your modeled outcome
$421,575
saved per year on 3 mid software engineering seats in Venezuela, 74% below the US in-house equivalent.
$1,264,725
saved over 3 years
+8 seats
the savings alone would fund
5–15 days
to onboard, on our own entity
Burden in Venezuela: Contractor-based engagements; case-by-case structure. No entity setup, no $6k–$30k incorporation, no 4–7 month wait. Indicative ranges for planning, we confirm exact figures against live market data for your roles.
Lock in this number for your actual roles
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