Why should you apply for France Talent Passport Visa in 2022?
Launched in 2017 by French Government, the Talent Passport Program was intended to establish a platform for attracting talented foreign entrepreneurs, investors, self-employed professionals, internationally renowned individuals, highly skilled employees, or artists. The pathway caters to 11 categories of applicants with each different set of requirements. Upon selection, these applicants will receive a four-year residency visa with the provision of instant renewal.
Here, we will be focusing on the most significant and widespread stream of Business Investors. And, why should you choose French Talent Passport Visa in 2022 for French PR and Citizenship?
Benefits of French Talent Passport Visa in 2022
- No education and language requirement under the program
- Faster processing timing of four months for the visa
- Access to live, work, study and settle in France with your family
- Attain social coverage, high standard Public Education and Healthcare System for free
- Achieve Permanent Resident after the expiry of Talent Passport Visa
- Visa-free access and travel within the Schengen Area (A total of 26 European countries) for a maximum of 6 months per year under Talent Passport Visa
- Get French Citizenship after five years of residence in the country
- After Citizenship, unlimited visa-free travel access to more than 130 countries
Eligibility requirements for French Talent Passport Visa in 2022
Applicants must make a minimum investment of EUR 300,000 (INR 2.54 Crore) directly or through a company with a minimum 30% shareholding. The investment must be made in fixed tangible or intangible assets in a business. And the applicant must create or retain jobs with the business and investments. Furthermore, the applicant must own a minimum of 10% shares of the company in which investment is made in France.
Pathway to Permanent Residency / Citizenship
Applicants must commence their procedure by arranging all the required documents for the business investment. Upon arriving in France, applicants need to apply for Long Stay Residence Permit from the department of residence within three months. The permit will allow the applicants to work, stay, or conduct business for four years. If the investment is maintained, there is a provision for the extension residency permit. After five years of continuous residency in the country, the applicant can apply for permanent residency in France. Immediately after receiving the permanent residency and five years of residence, applicants become eligible for French Citizenship.
To attain Citizenship, the applicant must demonstrate a sufficient French language proficiency for daily life conversation and integration into the community. They also need to maintain background and clean criminal records. The same parameters will be considered for the Citizenship of the applicant’s family members. The citizenship process is entirely at the discretion of the French Administration.
To know more about the French Talent Passport Visa Program, you can reach our expert business immigration specialists for a free initial consultation, profile evaluation, and guidance. You can contact us at (+91) 859 533 8595 for immediate free counseling or write to [email protected] or visit Abhinav Immigration.