Velocity Global Announces the Creation of a New Entity in Argentina

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DENVER | December 28, 2022 11:09 a.m. Eastern Standard Time

Velocity Global, the leading provider of global talent management solutions, today announced that Argentina will be its 58th global entity. With a significant increase in its workforce participation rate, global companies looking to take advantage of Argentina’s favorable remote working policies and growing talent pool can now do so seamlessly.

Velocity Globals solutions enable employers and talent to work with each other, no matter where they are. The company’s cloud-based technology allows businesses to manage their employee contracts in a way that fully complies with local laws and regulations. The creation of a new entity in Argentina enables Velocity Global to meet growing customer demand for these solutions in the country.

Argentina has everything an expansion-minded company is looking for, starting with strong talent and policies supporting remote working, said Laura Isaza, Velocity Global’s vice president of global growth strategy. the employer of record (EoR). Velocity Global offers the perfect bridge to connect Argentina-based professionals with international talent needs.

In May, Argentina embraced remote working by implementing temporary visas targeting digital nomads and employees open to the opportunity of relocation. The country also benefits from a rich pool of technological talent with 115,000 professionals involved in offshore software development, a number expected to reach 500,000 by 2030.

The Argentina expansion comes the same year Velocity Global raised $400 million in Series B funding to gather the resources needed to meet world-class recruiting and retention demands.

About Velocity Global

Velocity Global helps you compliantly hire, pay and manage anyone, anywhere. We simplify the employer and talent experience by combining cloud-based technology and unparalleled human support in over 185 countries. Start hiring across borders at VelocityGlobal.com.

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