So long as your data has well-defined interface boundaries on it, this is a good way to de-risk rewrites. It really depends on the current state of the codebase. If there's a tangle of dependencies, then they have to be cleared out or facaded away to a testable interface, or else that part of the port will be a shot in the dark.
And if you have the interfaces in hand, the language itself becomes considerably less important, since more of the code is subsequently dependent on your own system and not really the outer ecosystem. It's the projects that have coded "to the metal" on their existing platform that have the biggest issues with keeping up their flexibility.