France Talent Passport – Business Creation
The French “Talent Passport – Business Creation” program, a type of France entrepreneur visa, is offered to foreign company founders from outside the EU, the EEA, or Switzerland who plan to set up a company in France. This visa option is designed to attract innovative and ambitious entrepreneurs to contribute to France’s economic growth. Subject to the nature, characteristics, and duration of the proposed project, the “Talent Passport – Business Creation” residence permit will be granted for a duration from 1 to 4 years at maximum on a renewable basis.
France Passport Talent Benefits
Residency and Family Inclusion
- Right to live, work, study in France.
- Dependents (Spouse & Children under 18).
Travel and Quality of Life
- Free access to high standard Public Education and Healthcare System.
- Free mobility within Schengen Area for a period of up to 6 months per year.
Ease of Access
- Renewable residence permit up to 4 years.
- No language pre-requirement.
- Pathway to obtaining Permanent Resident or Citizenship after 5 years of residence in France.
France Passport Talent Requirements
- Qualification corresponding to a Master’s degree or equivalent, or at least 5 years of commensurate professional experience.
- Existence of a real and serious plan to form an economically viable business in France.
- Investment of at least EUR 30,000 in the planned business.
- Sufficient annual financial means corresponding to the latest statutory national minimum wage (SMIC) in France.
Talent visa france Requirements
Business Creation
- Submit a solid business plan including economic assessment and local market analysis.
- Open a corporate bank account in France for capital injection.
- Incorporate a legal entity in France.
France Talent Passport – Business Creation Process
Processing time 3 Months
Due Diligence And Application
Open a corporate bank account in France for investment capital injection.
Approval And Investment
- Complete the procedure of DRIEETS for obtainment of a letter certifying the existence of a real and serious plan to form an economically viable business in France.
- Incorporate a legal entity with the local competent Registry of Commerce and Companies in France (RCS).
- Apply for French long-stay visa “Talent Passport” with the French Embassy or Consulate in application’s country of residence.
Residency
Arrive in France and apply for the residence permit within 3 months of validity of French long-stay visa.
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Frequently Asked Questions
What is the France Passport Talent for Business Creation?
The France Passport Talent for Business Creation is a residence permit designed for non-EU entrepreneurs who wish to establish a business in France. It allows holders to live and work in France for a duration of 1 to 4 years, with the possibility of renewal.
Who is eligible to apply for the Talent Passport?
Eligibility for the “French Talent Passport – Business Creation” includes holding a Master’s degree or equivalent, 5 years of relevant experience, a viable business plan approved by DRIEETS, a legal entity in France, and a minimum investment of EUR 30,000.
Are there any nationality restriction for applicants to this program?
Algerian nationals are ineligible for the “French Passport Talent – Business Creation” due to the French-Algerian Agreement.
Is there any age limit for applicants to the France Visa Talent – Business Creation"?
Applicants must be over 18 years old, while dependent children included must be under 18.
Are there any medical requirement for applying to the French "Talent Passport – Business Creation"?
There are no medical requirement for applying for the “French Talent Passport – Business Creation.”
How long is the French "Talent Passport – Business Creation" valid for staying in France?
The “French Talent Passport – Business Creation” permits a stay in France from 1 to 4 years based on the business project, with the possibility of renewal.
Can family members accompany the main applicant under the French "Talent Passport – Business Creation" program?
The holder’s spouse and minor children can obtain “French Talent Passport – Family” permits, allowing them to live and travel with the holder.
What are the benefits of obtaining the French "Talent Passport – Business Creation"?
Benefits of the “French Talent Passport – Business Creation” include a renewable permit, work authorization in France, free movement within the Schengen zone for up to 6 months annually, access to public education and healthcare, and a potential path to permanent residency or citizenship after 5 years.
Is there a minimum personal income requirement to apply for the French "Talent Passport – Business Creation"?
Applicants must have an annual income at least equal to the French national minimum wage (SMIC).
Is a specific investment amount required to qualify for the French "Talent Passport – Business Creation"?
A minimum investment of EUR 30,000 is required for the “French Talent Passport – Business Creation.”
What are the steps in the application process for the French "Talent Passport – Business Creation"?
Application steps for the “French Talent Passport – Business Creation” include opening a corporate bank account in France, obtaining a business viability letter from DRIEETS, incorporating a legal entity, applying for a visa at a French embassy or consulate, and obtaining a residence permit in France.