From 1990 to 2001, a peso equalled a dollar, and Buenos Aires was one of the most expensive places in the world to live.

Argentina was also the cradle for 80% of Latin America’s Internet entrepreneurs. Huge data centres were built, and all the telephone companies were privatized.

However, with the devaluation of the peso, things changed. The cost of living and salaries dropped, and thus was born the opportunity to offshore.

Argentina is well positioned to service both the European and American markets. For multilingual Europe, the country’s large pool of Spanish, Portuguese, Italian and English speaking workforce is a boon, while for Hispanic U.S.A., its Spanish capabilities are attractive. Added to the skilled, educated resources is the country’s robust telecom network and ample office space. As the commercial hub of the country, Buenos Aires boasts all these advantages.

Industry and Infrastructure

•		Average entry-level BPO salary in Buenos Aires is three dollars per hour, which is considerably lower compared to other countries
•		The average sale price of a square meter of office area varies from $2–$2.5, meanwhile the monthly rental rate in Class A+ offices is $22 per square meter
•		Some major companies operating from the city are Atento, TeleTech, ActionLine, Teleperformance, Apex AmÉrica, EDS, Motorola, Microsoft, HP, IBM, Sony and Reuters
•		The average cost of electricity for companies in Argentina is $0.04 per kilowatt per hour. This is 30%–60% lower than in the U.S.A.

Transport

Education