Offshore software development has emerged as a tactical move for businesses to drive success in software projects. Numerous aspects should be given attention while offshoring, and one of the important factors is the engagement model. Choosing the right engagement model empowers businesses with greater flexibility, cost efficiency, and access to diverse talent. It also aids both internal and external teams in fostering seamless communication and collaboration. Some of the popular offshore engagement models are the project-based model, the dedicated development team model, the time and material model, the fixed-price model, the hybrid model, etc. Hence, choosing the appropriate engagement model drives long-term business growth for businesses.