Hiring LATAM Developers in 2024 – Why & How

Businesses around are constantly searching for the best candidates to join their teams at a reduced expense. Since the COVID-19 pandemic and the emergence of remote development, Latin America, or LATAM, has been a more sought-after destination for developers by global companies. In addition to some important information to assist you in your developer hiring process in 2024, we will examine the best approaches for hiring LATAM developers in this post. To hire LATAM devs this year, continue reading!

The Software Industry in Latin America

In late 2022, the IT industry encountered challenges, but the software development market in Latin America is still growing. The area is growing in popularity as a place to send outsourced development teams because it has a large talent pool and a wide range of services available. Although there are numerous nations from which to hire software developers, the major participants in the market at the moment are Argentina, Mexico, Chile, Colombia, Costa Rica, and Brazil.

Let’s now review some of the crucial data you should be aware of before hiring LATAM developers:

Grand View Research projects that the Latin American software market was worth USD $37.2 in 2022 and that it’s expected to grow at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2030. The region’s increased adoption of digital transformation projects and the expanding need for cloud-based software solutions are the main drivers of this rise. This implies that hiring LATAM developers will be a wise decision for many years to come! 

Why Hire LATAM Developers?

Hiring LATAM developers in 2024 will have advantages that go far beyond lowering development expenses. Employing developers from Latin America can be a wise move for businesses seeking economical, top-notch developers who are culturally compatible and have great English language proficiency. To begin with, though, LATAM countries do provide cost-effective options because, generally speaking, their wages are lower than those of Western countries, which makes them an excellent option for businesses on a tight budget. 

LATAM countries are also home to a diverse pool of IT talent, ranging from young graduates starting their careers in development to seasoned specialists. When compared to the conventional in-house recruitment timescales, this makes it easier for organizations to locate the perfect candidate for the role at record speed. Furthermore, LATAM developers are often highly motivated and technically proficient. They are a great asset to any organization since they are passionate about technology, knowledgeable in a variety of programming languages, and willing to learn new ones. Finally, you can make use of of nearshore development advantages, such as less time zone difference and a similar work culture, by hiring LATAM developers. This ensures a smooth integration with your current IT staff. 

5 Ways To Hire LATAM Developers In 2024

Use platforms for freelancers

Since remote work has grown in popularity, many LATAM developers are turning to platforms like CloudDevs, Upwork, Freelancer, and Workana to find jobs. These sites let freelancers find flexible and remote work options, and corporations find and engage qualified developers for ongoing or temporary projects. As of March 2023, Upwork had over 50,000 registered freelancers from Latin America, demonstrating the widespread popularity of these marketplace platforms.

Join forces with offshore software development companies

Organizations wishing to employ software developers from offshore development companies may find that hiring procedures are streamlined by collaborating with staff augmentation organizations. These organizations are well-versed in the local talent pool and can assist businesses in identifying the most suitable candidate for their requirements. 

Employ Direct Contractors

How can one collaborate with distant nearshore developers in Latin America without external assistance? By collaborating on development with an independent contractor for your software engineering requirements, you may have the flexibility to scale your team up or down as necessary. This is the easiest approach to begin nearshoring, but since not many LATAM engineers work outside of freelance platforms or part-time, full-time remote positions, it could take longer to find the right talent. Look for LATAM developers on LinkedIn or ask a contact for a suggestion to locate the top programmers to join your company.

Get High-Quality Referrals

Two additional efficient methods to source tech talent from the LATAMs is to ask your existing development team and your network for referrals. When seeking recommendations, take into account their background and abilities to make sure they have what it takes to do your assignment effectively. After you’re confident in a candidate’s abilities, you can contact them by email or LinkedIn and offer a position or invite them to a virtual meeting.

Make Use of Internet Resources.

Posting job opportunities on local job boards and social media is another effective way to attract more applicants. While Facebook, Reddit, and Twitter are just a few examples of social media sites that might be helpful for discovering LATAM developers, Indeed, LinkedIn, and Glassdoor are some of the best job boards in the region. Start using these platforms to locate developers in Latin America since companies are already using them to post job openings, showcase their corporate cultures, and communicate with prospective candidates! 

Are You Ready to Recruit Latin American Developers?

Should you be searching for a reliable and reasonably priced software development partner in Latin America, our CloudDevs staff augmentation services are an excellent choice. With an emphasis on staff augmentation, bespoke development, and nearshore outsourcing, we have a pool of qualified developers that are proficient in a range of IT frameworks and programming languages. With the help of our outsourcing services, you won’t have to worry about spending a lot of time searching for the right specialist for your project or trying to navigate the Latin American software market on your own. Our skilled team members manage all hiring-related tasks through nearshore software development, including international payments and background checks.

Cost of Hiring LATAM Developers in 2024

The average salary of a software developer in Latin America varies depending on the country, experience, and skills. According to PayScale, the average salary for a software developer in Argentina is $21,000 per year, while in Mexico it is $18,000 per year. Brazil has the highest average salary for software developers, at $26,000 per year. However, these are just averages, and salaries can vary significantly depending on the company and location.

For more information on LATAM developer hiring rates you may refer to our guide here.

CloudDevs: Your Gateway to Hiring Top LATAM Developers

CloudDevs is a highly recommended option for hiring LATAM developers. With their extensive network of talented professionals in Latin America, CloudDevs provides a reliable and efficient platform for connecting businesses with top-notch developers. Their rigorous screening process ensures that only the most skilled and experienced candidates are presented to clients. By leveraging CloudDevs’ services, businesses can tap into the vast pool of talent in LATAM, benefiting from competitive rates and a diverse range of expertise. Whether you are looking for front-end, back-end, or full-stack developers, CloudDevs offers a seamless and streamlined hiring process, making them an excellent choice for companies seeking to expand their development teams in the LATAM region.

Get in touch with us today to learn more about how we can help you hire LATAM developers!