More than 100 international tech companies have registered their interest in floating geek city Blueseed, to be launched next year in international waters outside of Silicon Valley.

The visa-free, start-up-friendly concept launched late last year aims to create a fully commercial technology incubator where global entrepreneurs can live and work in close proximity to the Valley, accessing VC funding and talent as required.

The bulk of registered demand germinated from the U.S. at 20.3%, Indian 10.5%, and Australians at 6%. Reasons: living and working in an “awesome” start-up- and technology-oriented space, proximity to Silicon Valley’s investors, and an alternative to having to get U.S. work visas for company founders or employees were key reasons.

Cost:$1,200 to $3,000 per person per month.

See also: Startup ducks immigration law with ‘Googleplex of the sea’