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IMPACT – MEDIUM
What is the change? France has launched a French Tech Visa route for three types of international tech talent: startup founders, employees of designated companies selected for high growth potential, and investors.
What does the change mean? Successful applicants will have access to fast-track procedures to obtain residence permits (Talent Passports) for themselves and their spouses without needing to undergo additional work permit procedures.
Background: The new visa routes fulfill a campaign promise by newly elected President Emmanuel Macron, and are intended to boost France’s tech sector and create jobs by attracting foreign talent and investment. Successful applicants are granted a renewable four-year residence permit under the Talent Passport category.
The qualifying criteria for each of the three tech visa routes is outlined below.
BAL Analysis: France is competing for global tech talent by offering streamlined access to residency to qualifying tech workers, investors and founders. The introduction of the tech visas follows France’s recent overhaul and simplification of its visa categories and should make it an attractive location for investors, innovators and employees recruited by an approved sponsor.
This alert has been provided by the BAL Global Practice group and our network provider located in France. For additional information, please contact your BAL attorney.
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