https://parallelstaff.com/9-reasons-to-outsource-latam-software-developers/
While outsourcing to distant offshore locations may offer cost savings, nearshore outsourcing strikes a balance between affordability and quality. Proximity to the outsourcing partner reduces travel expenses and time zone-related costs associated with coordination and management. Additionally, labor costs in nearby countries are often lower than in domestic markets, making nearshore outsourcing a cost-effective solution without compromising on service quality. This cost efficiency enables businesses to reallocate resources towards core activities, driving innovation and growth.