Aerial view of downtown Bogota in Colombia.

Five trends shaping the rise in US companies hiring in Latin America

January 27, 2026
Krista Nelson for Near

Five trends shaping the rise in US companies hiring in Latin America

Budget constraints, talent shortages, and long recruitment cycles are pushing companies to look beyond domestic borders to hire the talent they need to grow. And Latin America is increasingly a top destination.

analyzes over 2,000 placements made by U.S. companies over the past year across 411 roles. The data reveals some interesting trends.

Key takeaways:

  1. U.S. companies hiring in Latin America access experienced professionals they can鈥檛 afford or find domestically, with 84% of placements at mid-level or senior positions.
  2. Companies hiring in Latin America build full teams when needed rather than hiring incrementally, scaling departments that would take years with US-only budgets.
  3. U.S. companies hiring in Latin America should prioritize finding the right talent for each role over targeting specific countries, as top professionals exist throughout the region.

1. Colombia overtook Argentina as the top hiring destination

For the first time in 鈥檚 data, Colombia became the #1 hiring destination for U.S. companies, rising from #3 to 23% of placements. Argentina, which dominated in previous years, now sits at #2, while Brazil rounds out the top three.

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Data graphic showing the top 5 LatAm countries where US companies hire talent.
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is driven by strength in accounting, finance, and sales roles. Argentina remains the go-to for finance and accounting positions, while Brazil dominates marketing and IT & engineering hires.

This shift reveals something important about how U.S. companies are thinking about LatAm hiring. While , great talent exists throughout Latin America. Colombia has tremendous strengths鈥攆rom its growing tech ecosystem to its strong business culture鈥攁nd companies are discovering what鈥檚 been there all along.

This geographic spread isn鈥檛 about different countries being "better" at certain roles. It鈥檚 about companies realizing that top talent isn鈥檛 concentrated in just one or two countries. You can find exceptional accountants, engineers, marketers, and sales professionals across the region.

This geographic diversification is expected to accelerate throughout 2026.

What this means for hiring managers: Don鈥檛 limit your search to the most well-known LatAm countries. Great talent exists throughout the region, often with varying cost structures that can work in your favor. The country matters less than finding the right person for your team.

2. Companies are hiring senior-level professionals outside the U.S.

One of the biggest misconceptions about nearshore hiring is that it鈥檚 about finding 鈥渃heap鈥 junior talent.

The data tells a different story. In 2025, 84% of placements were for mid-level or senior positions. One-third of all hires were senior-level professionals, including VPs, directors, and other executive roles.

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A data chart showing percentage of LatAm hires: 84% are mid-level or senior professionals.
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U.S. companies aren鈥檛 hiring in LatAm to save money on entry-level positions they could fill domestically. They鈥檙e accessing experienced professionals they couldn鈥檛 afford鈥攐r couldn鈥檛 find鈥攊n the U.S. market.

Specific role breakdowns reveal:

  • 98% of software engineer placements went to experienced professionals
  • Executive assistant roles averaged 5+ years of experience
  • Senior accountants and financial controllers made up a significant portion of finance hires

As many companies will be trying to 鈥溾 in 2026 and demand for experienced talent is likely to remain high, this trend toward senior-level nearshore hiring is expected to accelerate.

What this means for hiring managers: If you鈥檝e been putting off hiring because you can鈥檛 justify U.S. salary expectations for the level of experience you need, LatAm gives you another option. For many companies, it鈥檚 a .

3. Software engineering demand exploded with 250% year-over-year growth

Perhaps the most dramatic shift in the data: Software engineer placements saw 250% growth year-over-year, jumping 12 spots in the role rankings.

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Table listing roles and demand ranking from 2025 and 2024. Software engineering demand exploded with 250% YoY growth.
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Large companies have been hiring developers in Latin America for years. What鈥檚 changed is that companies of all sizes鈥攆rom startups to mid-market鈥攁re now making this move.

And something else is happening: a significant shift from teams working with developers in South and Southeast Asia. They are moving to Latin America because of the .

Thirty percent of companies were switching from hiring in further offshore locations, according to by Near. The reason? When urgent development decisions need to be made or problems need solving, overnight delays slow everything down.

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A data chart showing the top reasons companies hire in Latin America. 41% points to budget constraints, 30% is due to switching from offshore, 12% switching from outsourcing, 10% are already hiring in LatAm, and 7% due to talent scarcity.
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Here鈥檚 where AI comes into play. While the initial hype suggested AI would reduce demand for engineers, our experience reveals it鈥檚 had the opposite effect. AI has increased demand for senior engineers.

What AI changed is which engineers you need. Teams still require judgment: senior engineers who decide how to build, what to prioritize, and whether AI-assisted code is ready to release.

In the U.S., that senior-level talent is in high demand and expensive. In Latin America, you can find senior developers who work during U.S. business hours at 鈥攂ut still high enough to attract top-tier talent.

As and the need for senior oversight only increases, engineering is expected to be one of the fastest-growing categories again in 2026.

What this means for hiring managers: If you鈥檝e been struggling to fill engineering roles or justify the budget for hiring an experienced developer, LatAm offers a way to get both the seniority you need and the time zone alignment that keeps work moving. As more companies discover this combination, getting ahead of the curve now means you鈥檒l have access to talent before competition intensifies further.

4. BDR/SDR remains the most-filled role (and for good reason)

for the second year running, maintaining their position as the most-filled role type.

The reasons are clear:

  • Average savings of 58鈥64% compared to U.S. salaries
  • Average placement time of 28 days (compared to 3-6 months domestically)
  • Relatively easy to find candidates with strong English proficiency
  • Time zone alignment enabling real-time collaboration with U.S. customers

Among top . With proper screening, U.S. companies can easily hire professionals with neutral accents and a high level of English fluency, so prospects don鈥檛 even realize they鈥檙e speaking with someone outside the U.S.

And the data shows companies aren鈥檛 just filling one or two sales positions. They鈥檙e , often hiring 5鈥10 SDRs or BDRs at a time. This isn鈥檛 about replacing U.S. salespeople. It鈥檚 about building the pipeline generation capacity that would .

For example, AvantStay鈥檚 VP of Sales . The first hire was promoted to team lead within three months. That team added $20 million in ARR through outbound sales in just one year.

As companies continue to look for ways to scale revenue without proportionally scaling costs, sales roles are expected to remain the dominant category in 2026.

Close behind BDRs/SDRs are accountants, customer support representatives, and executive assistants鈥攔oles that benefit from the same advantages of cost savings, time zone overlap, and fast placement times. But LatAm hiring also works for any role that can be done remotely.

What this means for hiring managers: If you鈥檙e considering LatAm hiring, sales is one of the lowest-risk starting points. The track record is proven, the talent pool is deep, and the ROI is immediate. Many companies start here before expanding into other departments, as it鈥檚 a smart way to build confidence in the model.

5. The savings from hiring in Latin America enable growth

The data shows companies save an average of $35,000 to $64,000 annually per Latin American hire compared to U.S.-equivalent positions.

Many companies aren鈥檛 using these savings to pad profit margins. They're using them to build larger teams sooner. For example, they鈥檙e hiring five people instead of two, or launching entire departments they would have had to delay for years with U.S.-only budgets. The savings enable immediate scaling rather than incremental, budget-constrained growth.

The pattern across the data is remarkably consistent. Companies that hire nearshore talent:

  • Build entire departments after their first few hires
  • Fill roles in 7-28 days that previously took 3-6 months
  • Access senior-level expertise they couldn鈥檛 afford or find domestically
  • Scale operations 40-100%+ in a single year
  • Redirect savings into growth initiatives, technology, and strategic hires

As economic pressure continues in 2026, more companies are expected to use nearshore hiring as a growth lever rather than just a cost-saving tactic.

What this means for hiring managers: The real value isn鈥檛 just lower salaries. It鈥檚 being able to hire the team you actually need and not the scaled-down version your budget forces you to settle for with purely domestic hiring.

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A table comparing US vs. LatAm average salaries per role.
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What this means for your company

Based on 2025 data, LatAm hiring has moved from "alternative option" to "standard playbook" for many growing U.S. companies. Near鈥檚 research shows companies are using nearshore talent to:

  • Fill roles they鈥檝e been unable to fill domestically
  • Hire senior-level professionals previously out of budget
  • Scale departments before they have the budget to hire in the U.S. only
  • Reduce time-to-hire from months to weeks

The companies winning with LatAm hiring aren鈥檛 chasing cost savings first. They鈥檙e pursuing access to top talent. The cost savings are real, but they鈥檙e a byproduct of a smarter hiring strategy to build high-performing teams.

If you鈥檙e facing budget constraints, struggling with long hiring cycles, or can鈥檛 justify U.S. salaries for the roles you need to fill, the data shows a clear path forward.

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