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In a world where agility, cost-efficiency, and access to skilled talent is non-negotiable, North American businesses are being called to rethink workforce strategies to outpace and outsmart the competition.
Latin America (LATAM) is geographically close, culturally aligned, digitally savvy, and economically compelling. It presents a range of economic growth opportunities for the years to come. With a population of over 650 million people, a growing consumer base, and abundant natural resources, the region is poised for significant economic expansion.
LATAM generally offers lower labor costs compared to the US, making it attractive for businesses looking to reduce expenses.
Many LATAM countries boast a well-educated and skilled workforce, particularly in IT, software development, and customer service.
The geographical proximity of many LATAM countries to the US allows for easier communication and collaboration, especially in time-sensitive roles.
Many LATAM countries have strong cultural ties with the US, fostering easier integration and understanding.
Offshoring can help US companies address domestic talent shortages and access a wider pool of qualified professionals.
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