France Talent Visa
The France VISA Talent Passport was created to encourage Entrepreneurs interested in running a business in France to obtain a multi-entry and multi-year residency permit. With this program, the main applicant can bring along spouse and children to France. This visa can be applied for all those who intend to stay in France for any period beyond 3 months.
France is a beautiful country whose capital Paris is the fashion hub of the world. France is a highly developed country in terms of economy and is also a politically stable country. It is the 2nd largest economy in the whole of the European Union. There are many places to explore in France. French is also one of the world's most widely spoken languages and an official language in many countries. It is the country with the largest amount of land space in the whole of the European Union.
France has declared its visa program which is one of the most competitive in the whole of Europe Immigrations.
One can choose from one of the below paths to relocate to France –
i. Create or acquire a business in France
The investor needs to prove that he has a real business creation project in France. The investor can acquire an already running business. Such an acquisition will need the investor to prove his credibility depending on the nature and characteristics of the project. The investor can choose to invest in a company that is industrial in nature or is commercial in nature or artisanal in nature. Special rules are applicable to each of these categories under special French laws.
It will require the investor to invest a minimum of €30,000 in the project.
The investor should hold a master’s degree or an equivalent qualification, or be able to prove at least 5 years of professional experience at a comparable level.
Supporting documents for this program include –
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A detailed business plan describing the project, its financing and its value to France
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Proof of at least €30,000 of financing for the project
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Proof of the master’s-level qualification or of 5 years of comparable professional experience
The visa will be provided based on the period of stay by the investor in France. If in case, the investor intends to stay in France for only a period of 12 months, then he will be issued a LONG STAY VISA equivalent to a residence permit with the statement “Passeport Talent”
Long Stay Visa is issued to the business creator with the seal “passeport talent” “créateur d’entreprise” (Skilled residence permit Business creator) within 2 months of the investor arrival in France.
ii. Make a direct economic investment in France
Under this path, the investor makes a direct investment of at least €300,000 in tangible or intangible fixed assets in France, either personally or through a company in which he holds at least 30% of the capital, and undertakes to create or preserve jobs in France.
The investor will have to provide the required documents proving his credentials as mentioned in the application along with submitting his plan.
The investor will be provided with a long-term visa. It is easier to apply for France Visa Dubai.
iii. Develop an Innovative project in France
An innovator with an innovative idea can apply for this program where he will need to obtain permission or get recognized from a public body beforehand. Such an innovator will get a long-stay visa bearing the statement “passeport talent” “projet économique innovant” (Skilled residence permit Innovative economic project). The visa is valid for 4 years period. Once in France, the investor needs to get stamped within 2 months of arrival there.
iv. Be appointed company representative in France
The applicant should have worked with the same company for a minimum of 3 months. Such an applicant will have to provide the required documents showing that he is the legal representative in France for the company in question. The applicant’s gross annual pay should be at least three times the French minimum wage (SMIC).
The documents should include all of the above along with proof of the applicant’s credentials and work experience.
The visa issues will be for a long stay and will carry the statement “passeport talent” “mandataire social” (Skilled residence permit Company representative). It is a multi-entry visa which holds good for a period of 4 years.
The businessman, who applies under this program, will receive a multi-year residence permit valid for up to 4 years. The permit is renewable, and the years spent on it count towards the five years of residence generally required for French naturalisation.
French residence permit holders can travel within the Schengen area for up to 90 days in any 180-day period.
It is kind of opening their unlimited possibilities. The best way to proceed with this visa program is by tying up with the right International investment immigration consultancy firm who have quite a bit of experience with international investments.
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