We tried the cheapest option once. The rate looked great until you counted the days lost to a question asked at 5pm and answered at 5am. Velocity, not hourly rate, is what a feature actually costs.
Overlap is a feature
When your engineers share working hours, problems get solved in a conversation instead of a thread that spans two sleeps. Decisions happen. Momentum compounds. The 'expensive' hire who's online when you are is usually cheaper by the month.
For companies in the Americas and Europe, Caribbean developers hit a sweet spot: excellent work, friendly overlap, and communication in your working day. That's why we keep hiring here.
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