Near-shoring usually refers to someone on the same timezone or nearby physically, like South America or Mexico for the US, or Eastern Europe for Western Europe.

Near-shoring usually refers to someone on the same timezone or nearby physically, like South America or Mexico for the US, or Eastern Europe for Western Europe. In terms of European talent being paid less, yes I agree they are, but there are hidden costs in terms of taxes and compliance that means that companies would rather go to countries which promise an order of magnitude cheaper resources rather than just 50% off.