The process of finding the right software developer can be time-consuming and daunting. Check out this comprehensive guide for more information on why Mexico is a great place to work remotely.
Interested in building a software engineering team outside the U.S.?
Consider hiring top software engineers from Mexico.
Thousands of top-notch computer science graduates and are engineers live and work in Mexico, offering first-rate services at a fraction of what they would charge in the U.S. For instance, the average Mexican software engineer earns $16,416 annually compared with $108,249 for their American counterparts. You can also collaborate and communicate in real-time with your remote hires since Mexico is in the same time zone as the United States.
Explore the benefits of working remotely in Mexico by reading this comprehensive guide. Our discussion will include
As part of our discussion, we will discuss the average salary of different types of engineers in Mexico, the importance of hiring remote developers in Mexico, and where to find Mexican software engineers.
Before examining the salaries of software engineers in Mexico, let's see how software engineering is taught in Mexico, how many Mexican software engineers there are, how big Mexico's tech industry is, and how much venture capital is invested there. We'll also cover unicorns — startups valued at over $1 billion — that are the products of Mexican engineering.
Education in software engineering (SWE) in Mexico is of the highest quality.
Before examining the salaries of software engineers in Mexico, let's see how software engineering is taught in Mexico, how many Mexican software engineers there are, how big Mexico's tech industry is, and how much venture capital is invested in their universities. Since then, Mexican universities have produced over 130,000 engineers per year.
Furthermore, 25% of Mexican university graduates are prominent in STEM, the highest rate in Latin America. The universities of Mexico are highly regarded, with several ranking among the top 50 universities in Latin America.
Among them are:
Tests conducted by international organizations have also been successful for Mexican engineers. According to Coursera's Global Skills Report 2021, Mexico earned top rankings in areas such as:
As well as ranking second in the world for best developers, Mexico was also first in the world for best developers in the 2022 Pentalog report. C/C++ and Python programming was specifically ranked first by Mexican engineers.
Thanks to the government's first-rate SWE education opportunities, there are approximately 800,000 software engineers in Mexico today. Mexican engineers are among the best in Latin America, which makes Mexico a hotbed of engineering talent.
The vibrant tech industry in Mexico has attracted international venture capital investment in addition to thousands of software engineers.
Kearney affirms, Over the past five years, Mexico has accounted for 21% of Latin America's private equity investments and 23% of all deals. Over $56 billion has been committed to Mexico's PE/VC market since 2008.
Many investors are attracted to Mexico because of its large consumer market, experienced entrepreneurs, and proximity to the U.S. A total of 48% of VC investments are allocated to Mexico's fintech companies and consumer services companies. The government has played a central role in supporting fintech via the 2018 FinTech law.
Let's look at the salaries in Mexico for different developer roles now that you know what software engineering looks like in the country.
Engineer salaries in Mexico vary according to the role, just as in the U.S.
In addition to designing, building, and implementing the user interface (UI) of apps and websites, front-end engineers are also front-end developers. Site and app designers work closely with them to make them look beautiful, functional, and efficient. The following other responsibilities are also included:
Glassdoor reports that the average Mexican front-end engineer earns 26,711 MXN or the monthly payment is $1,306, which equates to $15,672 per year. Comparatively, the average U.S. front-end engineer makes $125,501 annually.
A backend developer designs, develop and maintains the backend of an application or website. Therefore, they are responsible for building and maintaining databases and application programming interfaces (APIs).
Other duties include
Using Glassdoor as a reference, the average Mexican backend engineer makes 55,447 MXN, or $2,713 per month, or $32,556 per year. Compared to their U.S. counterparts, who earn an average of $109,589 yearly.
Front-end and backend engineers are full-stack engineers. As well as UI and UX, they can handle database management, servers, and API development. The following duties are also included:
Full-stack Mexican engineers earn, on average, 40,504 MXN or $1,982 a month, about $23,784 annually. The average income of their American counterparts is $103,842 per year.