Trick is to start some sort of commune in Colombia and attract talent with the local amenities. Nice private community full of 10-15 software engineers, private chefs, security, etc would be less than $1-2k/month per person. Maybe turn it into a vacation spot: “tired of your work? Take 6 month sabbatical to come party in LATAM while making meaningful software. Work hard/play hard - apply by linking to the most meaningful PR you have contributed to an FOSS project.”

Honestly not a bad plan.