Latin America has been receiving a lot more attention in recent years as a new and exciting location to start one’s business. Since venture capital firms such as Andreessen Horowitz and Accel Partners started investing in Mexico, Brazil and Colombia and global startup organizations like 500 startups and StartupBootcamp began to lay roots over the continent, foreign businesses have started to take note of a potentially profitable region to startup in. For many founders the idea of lower startup costs, taxes, and salaries for a core team – and now the increased chance of catching the eyes of investors – might…

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