I have met people doing this, but they have mostly built a team while traveling or after settling somewhere. I'm more familiar with remote teams that meet in th

I have met people doing this, but they have mostly built a team while traveling or after settling somewhere. I'm more familiar with remote teams that meet in the same place from time to time. The main problem staying in one place for long is visas and work permits. Every country has its own rules for setting up a company, hiring, work permits, visas. You may have to prefer locals or hire some percentage of locals. There's no general rule, it varies by country and type of business.