France Talent Passport – Business Creation
French “Talent Passport – Business Creation” is a program offered to foreign company founders from outside the EU, the EEA or Switzerland who plan to set up a company in France. 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 in maximum on a renewable basis.
France Talent Passport – Business Creation 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 Acces
- 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 Talent Passport – Business Creation 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.
France Residency Investment Visa Options
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 French "Talent Passport – Business Creation"?
The “French Talent Passport – Business Creation” is a residence permit for non-EU entrepreneurs to start businesses in France, valid from 1 to 4 years and renewable.
Who is eligible to apply for the French "Talent Passport – Business Creation"?
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 Talent Passport – Business Creation” due to the French-Algerian Agreement.
Is there any age limit for applicants to the French "Talent Passport – 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 “French Talent Passport – Business Creation” is a residence permit for non-EU entrepreneurs to start businesses in France, valid from 1 to 4 years and renewable.
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.