France is one of the most prolific economies in the European Union, and as all developed economies it need qualified personnel who can add value to the work carried out in companies operating across the country. After launching the largest tech startup incubator in the world at the end of June, now the government announced the French Tech Visa program meant to attract foreign talents who work in the research and development industry. Our lawyers in France can offer information on how to obtain a work permit.
France has been launching all types of programs for attracting young and talented investors and workers for three years now. The last program announced by the government is the Tech Visa program which will cater to the needs of business incubators and accelerators, but also to the requirements of investors and startup companies in France.
Also called the “Talent Passport”, the new program is a fast-track application procedure for those seeking to obtain a French residence permit. The new program targets:
In the case of employees, these can be proposed by their French employers for the Talent Passport program.
As mentioned above, the Talent Passport scheme acknowledges 3 types of applicants; therefore, the eligibility requirements will be different for each category.
Those setting up companies in France can enroll in the French Tech Visa program for founders which implies:
In the case of investors, these have three options:
In the case of employees, these must be recruited by one of the 70 French companies agreed under the program.
For assistance in opening a startup business here, please contact our law firm in France. We can also offer additional information on the French Tech Visa program.
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