France has announced it has created a new 4-year French Tech Visa for entrepreneurs, engineers and investors and their families, in order to foster French startups.
This comes alongside their French Tech Ticket, which they launched in 2015.
The French government had announced just before the 2017 French presidential election that it has launched a new 4-year French Tech Visa for entrepreneurs, engineers and investors.
This goes alongside the French Tech Ticket, a package with a visa, a small grant and administrative help, which they launched in 2015. All in all, France is trying to encourage French entrepreneurship.
The French Tech Program
Entrepreneurs, engineers and investors as well as their families are all eligible for this visa.
If you’re a non-EU foreigner looking to start a company in France, you could get fast track processing with this package.
For entrepreneurs, there will be partnerships with accelerators and startup competitions along with the French Tech Ticket.
For the employees of these companies, the government will be making a list of “100+ leading French startups.” If you get hired by any of these companies, you become eligible for the visa. You are not required to stay at the company for the duration of the visa.”
Startups in the Program
A couple of batches of startups have launched in France following the launch of the French Ticket, and it seems to be going well so far. Tech Crunch talked to a couple of entrepreneurs about the program.
In 2016 was considered “the year of anti-immigration movements”, explains the interviewer, “do you think [the new visa] is something that could affect France as well with the presidential election coming up? And could it affect French startups as well when it comes to hiring foreign engineers, and hiring foreign entrepreneurs to France?”
“The key asset for a startup is the capacity to hire the best talents,” France’s Minister of State for Digital Affairs, Axelle Lemaire explained.
“So, in that context, preserving the capacity to hire people in the country but also coming from abroad is a key element for [helping] a startup ecosystem grow.”