Dedicated hiring of the resources is the best engagement model for offshore development of projects. This is usually preferred by agencies, or  businesses who wish to handle the Project Management activities at their end by having a set of offshore resources added to their existing team.

It’s usually faster and cost-effective ways as you don’t pay for office space, software licenses. hardware and save on taxes. You can choose the resource of your choice and expertise to get the benefit of cost, quality and flexibility.