The list of top countries known for outsourcing has expanded quite a bit over the years, and you’ll find that at least one country is on every list. Some of these countries are familiar names, while others are relatively new to the scene.
However, even among these top countries, there are specific areas where outsourcing exists with unique strengths. You can find companies based in United Kingdom, the Philippines, Singapore, Brazil, Mexico, India, Germany, South Korea, Thailand, and many other countries around the world. Each of these places has unique capabilities that make it an ideal place to do business.
The United Kingdom may not be as popularly known as one of the top countries for outsourcing, but there is still a lot of truth to this assertion. That country is extremely flexible, making it a good base for small- to medium-sized companies. They can easily move their business overseas if they ever decide to relocate their operations, which is an excellent option. They are also great for training for new expatriates.
Aside from the United Kingdom, many other countries in the list of top countries for outsourcing have strengths that provide excellent opportunities for business people. In fact, many of these countries are now some of the biggest users of offshore outsourcing. For example, Spain, France, Italy, and Mexico are all huge consumers of outsourcing, as they have one of the highest costs for labor.
Such countries also offer special benefits for their overseas employees. In the United States, for example, there are two tax breaks specifically targeted at outsourcers. These tax breaks are permanent tax deductions, which makes them a better option for businesses than temporary ones.
In addition to these special business incentives, the Philippines offers an interesting combination of both. A country that is so economically and politically stable that it was recently rated as the third most stable country in the world, the Philippines is popular in the outsourcing industry. Employees are also able to freely choose which location they want to work in.
It’s important to mention that one of the other countries on the list of top countries for outsourcing is Brazil. While Brazil doesn’t have the same sort of appealing characteristics that the Philippines or the United Kingdom have, it has more unique qualities. One of these advantages is that many people there speak English, which is a big plus.
Also, the expatriate community there is large, which makes it a more desirable location for companies looking to expand abroad. Overall, Brazil is a great choice for many reasons. Some of these reasons include its size, its economic stability, and its history as a major player in the outsourcing world.