Known as having the largest talent pool of back-end, front-end, and full-stack developers in Latin America, Brazil is becoming one of the world's fastest-growing tech hubs. Ranking ninth worldwide and first in Latin America for outsourcing IT talent, hiring developers in Brazil has become a cost-effective talent strategy for growth-focused North American tech companies.
Here are four reasons North American tech companies are outsourcing their software development team to Brazil.
1. Growing tech hub with access to a highly skilled talent pool
With over 475,000 software developers, Brazil is the largest talent pool in Latin America. Known for having top-ranked science and technology schools, Brazil’s engineers are highly educated and have diverse programming knowledge and skills. The country also has the largest startup ecosystem in Latin America with 100+ tech parks and 16 unicorn startups. It’s no surprise tech giants such as Google, Uber, Amazon and Airbnb have established offices in this thriving tech hub.
2. Cost savings and favourable exchange rate
Outsourcing developers in Brazil is a cost-effective talent strategy that reduces your overhead employment costs without sacrificing quality. The average cost to hire a developer depends on the programming language and years of experience. Leveraging the exchange rate and cost advantages, U.S. tech companies have reported saving 30-50% when hiring remote contractors from Brazil with the same skill sets compared to hiring talent in the U.S. For IT contractor hourly rates in Brazil, check out our 2023 Tech Salary & Hiring Guide.
3. Convenient time zone coverage
For companies based in Canada or the U.S. time zone challenges are minimized, resulting in real-time collaboration and communication across remote teams that is efficient and effective.
4. Motivated workforce
Brazilian developers are highly educated, skilled and proficient in English. They are keen to work for international companies and driven by opportunity, security and diversity. Hiring international talent also adds diversity and culture to the team. This brings new ideas and different perspectives giving companies a competitive edge.
Build your software development team in Brazil
Teamit connects North American companies with highly qualified, high-quality, vetted, English-speaking software developers in Brazil. We rely on our referral community through its extensive connections and full-time technical recruitment team in Brazil for access to intermediate and senior developers. All our candidates are proficient in English, qualified, and vetted helping you hire and scale quickly. Learn more about hiring developers in Brazil.
Download our 2023 Tech Salary & Hiring Guide
How do your compensation practices align with the current IT market?
Download our 2023 Tech Salary & Hiring Guide for the latest salary data for hiring permanent and contract software developers in Canada and Brazil.