It's no secret that Ukraine has become a prominent hot spot for outsourcing shenanigans, but it's also good for having a dedicated office there. The tech talent pool is vast, given the largest number of local universities in the country and roughly 2.9 million inhabitants. Both the rent and cost of living are arguably two main advantages: when it comes to price/value ratio, you can't find a better place other than the capital of Ukraine.
There are also opportunities to get funded: according to Angel.co, 99 capital investors are presented in Ukraine to enable mostly early-stage funding. When it comes to overall engagement in the IT sector, Kyiv stands out in a good way: tons of technical courses and business events like iForum, IT Weekend, Kyiv Outsourcing Forum, and many-many others attributed to making this city a powerhouse for launching startups.
This city has already been a starting point for many unicorns, including Ring, GitLab, Grammarly, and Sixa.