Chile is a reliable country for outsourcing software development. Quality tech talent, reasonable cost of development, reliable software development agencies, and growing IT sector in the country makes it one of the most beneficial locations for hiring software engineers. However, as with any other country, it has its own advantages and disadvantages. If you plan to outsource software development to Chile in 2021, here are a few facts you must learn.
Advantages
Prospering Education Sector And Developing Tech Talent
Over the decades, the Chilean government has made significant efforts and investments towards education. Chile has many top-ranked universities with many great courses in software development, engineering, and other technical subjects. The University of Chile is ranked 8th in all of Latin America. It is profoundly famous for creating top-quality skilled IT specialists and software engineers and also leading numerous nation’s top projects.
Supportive and Innovative IT Structure
In recent times, Chilean law has started encouraging foreign investment and new startups by giving visas within two weeks to investors. This has led to a high level of technological growth and innovations and has also created many opportunities for developers.
Real-Time Communication With The Development Team
As Chile has no or negligible time difference with the US, they are active and work during the same hours that means faster and efficient communication.
The Same Team Throughout The Project
When the same team works for you throughout, it ensures the project’s success and health, and this is assured when you decide to do outsourcing from Chile.
Multilingual Developers And Professional Service
The developers in Chile are fluent in many languages and hence become an ideal place for outsourcing.
Disadvantages
The Chileans think that the government did not invest much in the IT sector. Whereas foreign investment was encouraged a lot, there are still some thoughts that outsourcing was not given the right attention. Another thing pointed out by foreign companies is that English-speaking developers are not that easy to find and hence the language barrier creates a lot of trouble when taking up big projects.
But it cannot be neglected that Chile’s proficiency in English has increased. The US companies check the developer’s language skills before hiring, which acts as an obstacle. These are the only disadvantages that can be found there.
The Cost Of Hiring Software Developers
Considering the tech skills, soft skills, location, and experience, these are the factors that influence a developer’s salary.
The tech specialists who have around two to five years of experience earn 32% more than the juniors. After five years the salary grows about 36% more than the previous amount. When they get ten years’ experience, it again increases by 21%.
The estimated salary of a junior is USD 26,491, the middle is USD 38,000, and a senior is USD 40,000 per year. The specialist’s estimated salary is USD 45,000.
The most significant advantage is that you get the best developers at quite a low rate. If you compare, the lowest amount per hour would be $26, while a developer would take about $57. There is a vast difference, but the quality you get is the best as the Chilean market is not competitive presently.
