Three Things You Didn’t Know about Nearshoring in Puerto Rico

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For many people, Puerto Rico is a vacation destination. But for an increasing number of enterprises, from small start-ups to large multinationals, the island is a source of business opportunity and expertise.

We’ve lived and worked here in Puerto Rico for most of our lives, so we know how much the island has grown and matured as a resource for businesses looking to grow cost-effectively—especially companies based on the mainland US.

But when we started really thinking about the benefits of working with Puerto Rican businesses, employees, and outsourced resources, we realized there are some hidden gems worth uncovering.

Here are our top three little-known facts about doing business in Puerto Rico:

  1. Cobblestone streets meet fiber optics—the charm of Old San Juan is undeniable, but our telecommunications network rivals that of any modern global city. High-speed Internet access? We’ve got it, and it’s reliable.
  1. Miss Universe meets mathematics—in addition to five Miss Universe winners coming from Puerto Rico, the island’s colleges and universities (all accredited by U.S. certification agencies) award 30,000 degrees each year in science, math, and technology. (This includes the software developers on Wovenware’s teams, naturally!)
  1. We like a 50/50 split—half our workers are men, half are women, and the vast majority are equally adept in English as in Spanish. Bilingual skills mean that we’re as effective working with clients in Boston as we are working with customers in Buenos Aires.

There’s a lot more to the Puerto Rico business story than these facts—like the fact that the island operates on US currency and within the US legal jurisdiction, but provides tax benefits like tax-free transfer of goods into the mainland US.

Ultimately, the benefits of working with companies in any geography are contingent on the teams—the people—you talk to every day. That’s why we spend as much time listening to our customers about their needs as we do telling them about the benefits of working with us here in Puerto Rico.

So now that you know a bit more about us, we’d like to have a chance to listen to you: give us a call to find out how we can help your business achieve business goals through better technology solutions.

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