Definitely yes. Switzerland had good schools and got infrastructure and encourages people to look outside the countries borders. And most find good business during their exchange years and stay elsewhere.
In my case, no, the UK Gov under Snoopers Charter wanted access to data we didn't store (Zero-Knoweldge).
So it wouldn't be possible (then) to have established in the UK.
Aside from that costs (developers) was driven by overseas (Global South) so it wouldn't be possible to operate from the UK due to the time differences (productivity wise) it was kinda essential to move to HK