Well, even for leading North American companies, the challenges of managing an offshore model can be overwhelming.
As a result, over the past decade Latin America has emerged as a preferred Shared Services & Nearshore Outsourcing destination, with Costa Rica being one of the major players.
In fact, Costa Rica has been named the Tech Epicenter of the region.
Why?
For starters, Education in Costa Rica is something we like to brag about.
It is free and mandatory. Fundamental elements that have contributed to achieving one of the highest literacy rates in Latin America: 98%.
We have also ranked #1 in English Proficiency in the region.
We also hold the #1 spot in Latin America in other categories as well:
#1 Country in Innovation according to the Global Innovation Index (2017)
#1 Exporter of high
value-added services
(CINDE, 2019)
#1 for its Education
System (WEF, 2018)
#1 Nearshore Outsourcing Destination (Tholons)
Although they say we are the Switzerland of Central America, we feel much more affinity to the North American market, at least culturally speaking.
We’ve devoted resources to provide a solid utilities infrastructure. In other words, we have a powerful, redundant and reliable energy supply network (renewable energies such as geothermal heat, biomass and Eolic and).
From a Business standpoint:
- More than 300 high-tech companies have established successful operations here and this number is still growing, including: Amazon, IBM, Intel, HP, Microsoft, Oracle & VMware.
- Global companies are carrying out more than 100 processes in over 10 different languages.
- Costa Rica boasts stability, innovation and the most competitive tax incentives in the region to reap strong performance on the bottom line.