The “Talent Passport Visa” is a program designed for foreign entrepreneurs from non-EU, non-EEA, or non-Swiss backgrounds who intend to establish a company in France.
Depending on the specifics, attributes, and timeline of the proposed project, entrepreneurs can obtain a “Talent Passport Visa” residence permit that is valid for a duration ranging from 1 to a maximum of 4 years, with the option for renewal.
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Master's degree or equivalent, or five years of relevant experience is required.
A credible business plan recognized by French authorities, including the establishment of a legal entity.
Invest EUR 50,000 into the proposed business, substantiated by a bank certificate.
Financial stability with income equal to or exceeding French minimum wage (SMIC).
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Here’s What You Need To Know:
– Your spouse and dependent children under 18 years old can accompany you and benefit from the “accompanying family” status.
– Your spouse will apply for a “Talent Passport – Family” residence permit with the same validity period as your Talent Passport.
– Minor children will apply for a travel document for minor children.
Advantages:
– A renewable residence permit, valid for up to 4 years.
– The right to live and work in France.
– Free mobility within the Schengen Area for up to 6 months per year.
– Free access to high-standard public education and healthcare
– A pathway to obtaining permanent residency or citizenship after 5 years of residence in France.
Minimum Investment Requirement:
Yes, to apply for the French “Talent Passport – Business Creation,” applicants must invest a minimum of EUR 50,000 in their planned business. This investment is a key requirement for eligibility.
The residence permit is initially valid for up to four years, providing ample time for professionals and entrepreneurs to establish themselves in France.
Yes, the Talent Passport Visa often includes provisions for family reunification. Spouses and children under 18 may be eligible to accompany the visa holder to France.
Yes, the Talent Passport program often serves as a pathway to obtaining permanent residency or citizenship after a specified period of residence in France, usually five years.
While the primary purpose of a Talent Passport Visa is to facilitate business activities, visa holders are generally allowed to engage in other professional or entrepreneurial activities within the scope of their visa conditions.
Self-employed professionals in commercial, industrial, artisanal, or liberal professions such as law, medicine, and accounting are typically eligible. The business must have a positive impact on the French economy, such as job creation or investment.
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