Best EOR providers

Best EOR providers for hiring in Latin America in 2026

Employ Latam is the top pick for hiring across Latin America in 2026, because it is built exclusively for the region, runs payroll in local currency, and gets new hires onboarded in as little as one to three days once documents are in, starting from $349 per month. Latin America spans 19 countries with different labor codes, statutory benefits, and contribution structures. Most countries require a 13th-month payment, severance rules vary widely, and misclassifying a contractor as an employee carries real legal and financial risk. An EOR removes those burdens: it becomes the legal employer, handles the contract, payroll, taxes, and statutory contributions, and lets you focus on finding good people and managing the work.

Quick disclosure: this is our site, so yes, we gave ourselves the top spot. In our defense, Latin America is the only thing we do. The rest of the ranking is played straight, and when a generalist fits you better, we say so.

Last updated July 2026

Our top pick

Employ Latam

#1

Employ Latam covers all 19 LATAM countries we track, with pricing from $349 per month.

Talk to Employ Latam From $349/mo
The shortlist
  1. 1Employ Latamfrom $349
  2. 2Deelfrom $599
  3. 3Remotefrom $599
  4. 4Therafrom $199
  5. 5Oysterfrom $599
  6. 6Borderless AIfrom $579
The providers, ranked

How each one measures up.

#1

Employ Latam

Recommended

The EOR focused on Latin America

Employ Latam covers all 19 LATAM countries we track, with pricing from $349 per month. It is the only provider on this list built exclusively for Latin America, which means every process, from locally compliant employment contracts to statutory contributions, is designed for the region rather than bolted on as an afterthought.

Strengths
  • LATAM-only focus, not a global generalist
  • Pricing from $349, the lowest on this list
  • Onboarding live in one to three days once documents are in
  • Locally compliant employment contracts and statutory contributions handled
Where it is limited
  • Covers Latin America only, no global footprint outside the region
  • Not the right fit if you also need to hire in Europe, Asia, or Africa
Talk to Employ Latam
#2Deel logo

Deel

Deel is the largest global EOR by review volume and covers all 19 LATAM countries we track. Its platform is mature, its compliance tooling is well-documented, and it is a strong choice for teams that need to hire in Latin America alongside other regions from a single dashboard.

Strengths
  • Full 19-country LATAM coverage
  • Large review base and established compliance track record
  • Strong platform integrations and contractor-to-employee conversion tools
  • Handles statutory benefits and contributions across the region
Where it is limited
  • Priced at the higher end of the market
  • Generalist platform, not LATAM-specific
  • Can feel complex for teams hiring in only one or two countries
Visit Deel
#3Remote logo

Remote

Remote covers all 19 LATAM countries we track and is known for transparent pricing and a clean self-serve onboarding experience. It is a solid generalist option for companies that want broad LATAM coverage without a heavy sales process.

Strengths
  • Full 19-country LATAM coverage
  • Transparent published pricing
  • Strong G2 rating across a large review base
  • Self-serve onboarding reduces time to hire
Where it is limited
  • Generalist platform, LATAM is one of many regions
  • Priced at the higher end compared to LATAM-focused options
  • Support response times can vary by country
Visit Remote
#4Thera logo

Thera

Thera covers 18 of the 19 LATAM countries we track and comes in at a lower price point than most global EOR platforms. It is a practical option for early-stage teams that need compliant hiring in Latin America without paying premium rates.

Strengths
  • Strong LATAM coverage at 18 of 19 countries
  • Lower price point than most competitors
  • High G2 rating relative to review count
  • Good fit for early-stage or budget-conscious teams
Where it is limited
  • Smaller review base, less established track record than Deel or Remote
  • Misses one LATAM country in verified coverage
  • Platform maturity still developing compared to larger providers
Visit Thera
Also considered
#5

Oyster

Oyster covers 17 of the 19 LATAM countries we track and offers a polished HR platform experience.

From $599/moVisit
#6

Borderless AI

Borderless AI covers 17 of the 19 LATAM countries we track and carries one of the highest G2 ratings on this list, though its review base is smaller.

From $579/moVisit
Side by side

The numbers, in one table.

#ProviderFromCountriesRating
1Employ LatamPick$349/mo19n/a
2Deel$599/mo1544.7 (6,550)
3Remote$599/mo1864.5 (4,962)
4Thera$199/mo1744.9 (51)
5Oyster$599/mo1404.4 (1,436)
6Borderless AI$579/mo1914.9 (126)

Prices are entry-level published rates. Country coverage and ratings are self-reported or from public review platforms. Blanks mean the figure is not published.

The bottom line
If you are hiring across multiple LATAM countries and want the lowest cost with the fastest onboarding, Employ Latam is the practical choice. If you need a single platform that also covers hiring outside Latin America, Deel or Remote are the strongest generalist options with full LATAM coverage. Thera is worth a look for teams that are price-sensitive and focused on a handful of key LATAM markets. Oyster and Borderless AI suit buyers who want a polished platform experience and already use global HR tooling.
Keep exploring
Employ Latam vs DeelEmploy Latam vs OysterEmploy Latam vs RemoteEmploy Latam vs Borderless AI
FAQ

Common questions.

Do I need to set up a local entity to hire in Latin America?

No. An EOR acts as the legal employer in each country, so you do not need to register a local entity. The EOR issues a locally compliant employment contract, handles payroll and statutory contributions, and takes on the compliance obligations. You manage the work and the relationship.

How fast can I onboard a new hire in Latin America?

With Employ Latam, a new hire can be onboarded and live in one to three days once all required documents are submitted. Larger generalist platforms typically take longer, often five to ten business days depending on the country and document completeness.

What does EOR service cost for Latin America?

Pricing varies by provider and country. Employ Latam starts from $349 per month per employee, which is the lowest on this list. Most global generalist platforms start from higher price points and often require a custom quote for LATAM-specific configurations. Costs also depend on team size and the countries you are hiring in.

What statutory benefits do I need to provide employees in Latin America?

Statutory requirements vary by country, but 13th-month salary (sometimes called aguinaldo) is common across most of the region. Many countries also mandate severance funds, social security contributions, health insurance contributions, and paid leave entitlements. A good EOR handles all of these automatically as part of the employment contract and payroll run.

Should I hire employees or contractors in Latin America?

Contractors can be a practical starting point, but misclassification risk is real across Latin America. Many countries apply strict tests to determine whether a worker is genuinely independent, and penalties for misclassification can include back-payment of benefits and statutory contributions. If the work is ongoing and directed by your team, an EOR-backed employment contract is the lower-risk path.

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