If you’re considering hiring a software development team close to home, be ready to spend a pretty penny and invest a significant amount of your time. The 2023 Accelerance Global Software Outsourcing Report indicates that US software development companies charge up to €200 per hour.
As a tech leader, you’re probably in the market for a business solution that’s both cost-effective and versatile. That’s where offshoring steps in as an attractive option.
By the end of this article, you’ll be able to identify the best offshore software development country, giving you the confidence to kickstart your offshoring journey!
Comparing offshore software development rates
When hiring offshore developers, there are no right or wrong choices. It’s all about weighing factors like your budget while considering cultural fit and English proficiency.
The primary factor influencing offshore development expenses is the location of the engineering team. So, let’s explore some top tech offshoring destinations, explore their attractiveness, and outline their specific rates.
Please keep in mind that the hourly rates provided below are calculated using tools like PayScale, Upwork, Indeed, and other professional salary calculators.