It's even worse. The company I'm working at is discovering "near shoring" in countries adjacent to the EU, like Serbia. Much cheaper than local labour and no less qualified. For me to say, the contractors we're working with from there are just as good or better than the average developer Joe from here. As long as you can communicate in English, you can nearshore a lot of stuff. And esp. in Germany lack of English communication ability on the German side is one of the last barriers keeping nearshoring out of a lot of firms.