Central Asia has fast become a major source of talent for the tech industry and is headlined by countries like Uzbekistan, Kazakhstan, and Kyrgyzstan. Kyrgyzstan is the latest country in the region to cement itself as an emerging market for tech talent and the ideal place for U.S.-based tech companies and tech startups to find elite talent at a lower cost.
Truss provides tech companies with a global hiring platform and employer of record services that are a valuable asset for growing tech companies. But with many other traditional hiring markets around the globe that include Brazil, Mexico, Argentina, India, Ukraine, and the United Kingdom, many hiring companies are asking — why hire remote tech talent in Kyrgyzstan?
Contact Truss today to learn more about our global hiring solutions in Central Asia!
READ MORE: The Real Costs of Global Hiring in Central Asia
4 Reasons Why You Should Hire Remote Tech Talent in Kyrgyzstan
Hiring remote tech talent in Kyrgyzstan provides growing companies and tech startups with a distinct advantage over competitors. Hiring in an emerging market like Kyrgyzstan combines top-tier capability, rapid tech industry growth, and an estimated 70% increase in labor cost savings.
Central Asia has established a tech ecosystem that continues to grow and thrive, with Kyrgyzstan’s High Technology Park (HTP) reporting an estimated $195.4 million in resident revenue — which represents a 50% year-over-year increase that is driven by an export-heavy model. With this model more than 95% of total earnings come from international IT services that are delivered across 70 countries.
Employers who choose to hire remote talent in Kyrgyzstan have access to highly skilled developers proficient in many modern technical skillsets that are in high demand. With lower salaries for local tech professionals, U.S.-based tech companies can reduce employment costs that may hinder future growth. In addition to lower salaries, Kyrgyzstan possesses favorable tax laws for international companies that further influence employment costs.
Truss makes expanding your team with remote talent in Central Asia much more efficient by working as your employer of record in Kyrgyzstan and assuming local legal liability, managing employee contracts, and handling global payroll so you can scale your remote engineering team without a legal entity.
1. High-Quality Tech Talent at Lower Costs
The primary incentive to hire remote tech talent in Kyrgyzstan is the lower employment costs for premier talent. Kyrgyzstan has developed a deep pool of tech talent that is driven by tech-focused educational programs, investment by global tech companies, and government support programs. The average annual salary for software engineers in Kyrgyzstan is $15,000 – $35,000 — which represents salaries that are 65% – 80% lower than similar positions in the United States — and with no overhead costs, U.S.-based tech companies that hire in Central Asia can save money by employing global talent.
2. Government Tech Industry Infrastructure and Tax Exemptions
The exponential growth of the tech industry in Kyrgyzstan is driven in part by a government tech industry infrastructure that includes various tax exemptions and incentives for hiring companies. The High Technology Park is a government-driven economic program that offers a 0% Corporate Tax, a 0% VAT Tax, and lower 5% Personal Income Tax for tech workers employed by companies in this economic zone. The support provided by the Ministry of Digital Development is an added benefit that supports innovation, foreign investment, and easy hiring regulations for hiring companies.
3. Deep Pool of Tech Talent
Many tech companies are afraid that when you hire in an emerging market like Kyrgyzstan, the talent level is not the same as in the United States. That is simply not true. The capital city of Bishek has become a regional hub for many development studios and has implemented technical academies to help develop a deep talent pool in the tech industry. Tech-focused educational programs in Kyrgyzstan have put an emphasis on React, Python, Node.js, cloud solutions, AI/ML development, and Quality Assurance that influences the amount of talent in the country.
4. Strategic Location and Increased Productivity
Central Asia provides a competitive advantage in the tech industry with its strategic global location. The time zone where Kyrgyzstan is located is convenient for many U.S.-based tech companies and promotes an asynchronous follow-the-sun product development cycle. This promotes improved collaboration between remote talent in Kyrgyzstan and teams in the United States, and with the different time zones, your team can work on new projects almost around the clock, increasing productivity.
READ MORE: How To Hire International Employees with an Employer of Record
Why Hire Remote Tech Talent with Kyrgyzstan with an EOR
You may have been asking — why should I hire remote tech talent in Kyrgyzstan? We hope that this overview has highlighted why Central Asia and the Caucasus is the answer, and the right place for you to hire remote talent at a lower cost.
But how do you find and hire remote tech talent in Kyrgyzstan? An employer of record is the right choice — and Truss is a premier EOR for tech companies that want to hire talent in Central Asia. We will help you find, recruit, hire, onboard, and manage remote employees in different parts of the world. When you provide us with a list of skill and salary requirements, we will provide you with a list of potential candidates that will meet your criteria, and as your employer of record, Truss will onboard new employees, manage global payroll, and assume legal liability for remote tech employees.
Contact Truss today to find out how we can help you build a remote workforce in Kyrgyzstan!
