France Talent Passport

What Is The France Talent Passport For Investor

This program requires a minimum financial commitment of EUR 300,000 and allow the investor qualifying family members to obtain 4-year renewable residency cards in less than 3 months. The France Investor program may lead to permanent residency or citizenship after 5 years and subject to language requirements.

The Benefits

Residency and Family Inclusion

  • Member of EU/ Schengen.

Dependents included:

  • Spouse.
  • Children under 18.

Travel and Quality of Life

  • 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.

Requirements

  • Renewable Residence Card valid for 4 years.
  • No education and language requirement.
  • Pathway to obtaining Permanent Resident or Citizenship after 5 years of residence in France.

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    The Requirements

    • Submit a well-structured Business Plan including economic assessment and local market analysis.
    • Incorporate a legal entity in France or take over an existing legal entity in France.
    • Hold a minimum of 10% interest in such company.
    • Must provide proof of the source of funds used for investment.

    Investment Options

    Investment Requirements

    To be eligible, a foreign investor must proceed with a direct investment in France of at least EUR 300,000;

    • Invest through a company in which they hold at least 30% of capital, or make a personal investment.
    • Investment in a French company in which they acquire at least 10% of capital;
    • Incorporate a new legal entity or take-over an existing legal entity in France;
    • Engage to create or maintain permanent full-time job for French workers.

    The Process

    Arrows process

    Due Diligence and Application

    • Initial background & eligibility checks.
    • Open a corporate bank account for their company in France for investment capital.
    • Applicants register their legal entity with the local competent registry of commerce and companies in France (RCS) if the applicant is opening a new legal entity.

    Approval and Investment

    • Applicants must arrive in France and apply for the residence permit within 3 months of validity of their long-stay visa. The residence permit will be issued at the local competent Prefecture where the applicants reside in France.
    • Upon receiving the approval-in-principal of the visa application, the investor will be advised when to make the complying investment.

    Citizenship and Passport

    Applicants may apply for citizenship after 5 years.

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      Frequently Asked Questions

      There are two options:

      Option 1: Founders’ CategoryUnder this category, there is no minimum to invest. This category works like the Canada SUV Program: applicant must be accepted in a French Tech certified incubator. Of course, the higher the investment is, the higher are the chance to be accepted by the incubator and the French Authorities.Most importantly, the project must clearly be innovative.

      Option 2: Investors’ CategoryA minimum of 300,000 EUR must be remitted into France by the applicant personally or his/her company. The most important condition is to show the French Authorities that this investment will create jobs for the French economy. While there is no minimum provided under French laws, we believe that at least 4 jobs should be created.

      The principal applicant must be 18 years old and above.

      The France Talent Visa has management experience but no educational requirements.

      The applicant must demonstrate that he/she has the financial strength to conduct the investment and live in France.

      Resident card holders will have access to the following areas:

      • Schengen area;
      • French overseas departments: Guadeloupe, Martinique, Reunion island, Mayotte;
      • Saint Pierre et Miquelon.

      Yes, automatically (the spouse and children who are under 18 years old). This includes adopted children.

      No, only the spouse and children automatically get resident cards under the accompanying family procedure.

      No, under this program, the child (children) needs to be under 18 years old.

      No, the French Talent Passport program does not set any language requirement.

      The applicant has to renew his/her card which will be easily renewable as long as the applicant can prove that the investment has been spent and the job creation requirement has been met and the company’s activity is maintained.

      Yes, a French resident benefit from the same benefits as citizens, such as social coverage, free medical access and free education system.

      For the founders’ category:

      Yes, the incubator will send a sponsorship request to the ministry of finance attesting of the applicant’s acceptance in the incubator and the innovative aspect of the investment. acceptance from ministry of finance or ministry of labor is required to submit an application to the local consulate.

      For the investor category:

      The consulate will seek the opinion either from the ministry of finance or ministry of labor. This opinion does not bind the consulate.

      Under the founder’s category, the investment must be made directly in the business identified.

      Under the investor category, the investment can be made either directly or via a company in which the applicant holds at least 30% shareholding.

      Both options are possible, the applicant can choose to invest into an existing business or open a new business in France.

      It is possible to apply for citizenship after 5 years if:

      • The applicant has made France is principal residence for 5 consecutive years. The principal residence is defined as the residence where the applicant usually lives;
      • The applicant has a sufficient level of French for daily life conversation and is quite assimilated to the French community.
      • The applicant does not have any criminal record.

      Important:

      • Citizenship is a fully discretionary decision from the French administration.
      • The eligibility of the family members to apply for French citizenship is based on the same criteria.

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