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Yes, but UK is not schengen, so for any non-EU living in the schengen area this presents a barrier.

I'm not complaining about the location but your statement about "how serious" I am is over the top.

I am willing to create a startup on which I'm working in my free time (I need a day job to pay the bills) and personal elements made my life a bit more complicated than necessary financially-wise and I couldn't afford a trip abroad right now.

By the same logic they should be hosted it in Reykjavik.

Check the map. Reykjavik is much, much further from Europe and flights there cost fortune usually. Flights to UK are really cheap and frequent. Better comparison would be "By the same logic they should be hosted in Dublin".

> London has 5 airports; there is also the Eurostar.

This. Personally, I think the parts of the world that will perform best in the future century and beyond are those that are the most connected. It's notable that London plus NYC, Dubai, Hong Kong, Beijing, Sydney etc are economically speaking doing extremely well - it's no co-incidence they are also very well connected.