Having a team completely unavailable during the USA working day is a real pain for collaboration and it's hard to sue people in other countries that "borrow" your source code to make their own version. Also, knowing exactly how to pay (say) a German developer and how taxes work and what the labor laws are is always an issue.
Aside:
The very best contractors I ever hired were Ukranian. So many absolutely fantastic talents at around $30 an hour. Then Russia invaded (the first time) and annexed Sevastopol and the USA made it illegal to pay them any more.
I'm in Uruguay, South America, and we're on the East Coast timezone and IP laws are friendly, and if you hire as a contractor, there's no labor law issues.
Of course, people realized that and there's 0 unemployment in IT, however, there's still a long way to go before we get to the Bay Area salaries - 6 figure salaries are only for the top 1% devs and only working for the USA and usually short term contracts, but a decent developer makes north of 50.000 dollars a year which is a pretty good salary here.
+1 I've only had incredible experiences with Ukrainian devs and designers- I hesitate to say best because I've worked with amazing people all over (I was at two gig economy companies that did custom software dev with freelancers) but Ukraine as a destination often stood out for high quality, low prices, and not needing a ton of supervision/detailed instruction.
Shameless plug- a buddy runs a dev shop out there, they have great devs and exceptional designers (and also are doing a fund for Ukrainians impacted by the war). If you're looking for help in that region, they're great people to chat with: https://beetroot.co/
Ukrainians were given full employment rights in Poland after the Russian invasion, so they can just move to Poland (at least the female ones, as males aren’t allowed to leave Ukraine for now).
Having a team completely unavailable during the USA working day is a real pain for collaboration and it's hard to sue people in other countries that "borrow" your source code to make their own version. Also, knowing exactly how to pay (say) a German developer and how taxes work and what the labor laws are is always an issue.
Aside: The very best contractors I ever hired were Ukranian. So many absolutely fantastic talents at around $30 an hour. Then Russia invaded (the first time) and annexed Sevastopol and the USA made it illegal to pay them any more.