FRANCE

Start-up Visa Program

WHAT IS THE FRANCE START-UP VISA?

The France Start-up Visa Program is designed for entrepreneurs with innovative ideas who will spur economic growth and entails the consequent commitment from a designated organization. This program requires a financial commitment of at least EUR 195,000. Successful applicants are granted a renewable 4-year residency card.

Advantages of the France Start-Up Visa

  • Renewable Residence Card valid for 4 years
  • Dependents included:
    • Spouse
    • Children under 18
  • Member EU/ Schengen
  • Right to live, work, study in France
  • Free access to high standard Public Education and Healthcare System
  • Free mobility within Schengen Area (26 countries) for a period of up to 6 months per year
  • No education and language requirement
  • Having a France Start-up Visa is Pathway to obtaining Permanent Resident or Citizenship after 5 years of residence in France

Investment Options

  • Incubation investment of EUR 195,000 for 4-year incubation
  • The incubation investment must include EUR 30,000 dedicated to the startup idea’s Research & Development phase
  • Comply with commitments set in the approved Startup Business Plan

Requirements

  • Provide evidences of financial resources equal to the French annual minimum wage
  • Create an innovative startup project and incorporate a legal entity in France
  • Be selected by a designated Incubator in France and be approved by the relevant Government Agency (DIRECCTE)
  • Provide proof of the source of funds used for investment

Process

  • Eligibility assessment and selection by the incubator
  • Secure the commitment letter from the designated incubator
  • Secure the letter of acceptance from the Government Agency
  • Submit the completed application forms and required documents
  • The French Consulate of the applicant’s country of residence will grant successful applicant and dependents a 3-month Talent Passport visa (Link)
  • Applicant and dependents shall enter France within such 3-month period
  • Competent local Prefecture will issue in France the Passport Talent 4-year Residence Card
  • Processing time: within 2 months, you can obtain the France Start-up visa

FAQ

The present document is intended for guidance and general information only and does not constitute or purport to provide you with legal advice. Such information is subject to changes without notice. Each case is unique and depends on the facts and circumstances of the individual and due consideration should be taken if applying the general information to your personal situation. For an evaluation of your personal circumstances one of our legal team would be happy to assist.

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