This initiative is linked with the departments of the Ministry of Economy and Finance, but also with the Ministry of Foreign Affairs and the General Commission for Investment.
The « La French Tech » label refers to the territories most favorable to the development of start-ups in France.
Its objective is clear: to bring together all the players involved in start-ups in order to support the French innovation and make it known internationally.
What is « Le French Tech visa »?
The « French Tech Visa » launched by Emmanuel Macron on June 15, 2017 is a procedure that simplifies and accelerates administrative formalities for foreign workers (and their families) employed by innovative French companies wishing to obtain a right of residence in France.
Thanks to the French Tech Visa, foreigners employed in a company recognised as innovative will be able to benefit from a residence permit valid for 4 years. The processing time for requests treatment has also been reduced to a few weeks thanks to the changes adopted on 1 March 2019.
This visa is mainly aimed at foreigners with highly qualified profiles, a driving force for innovation and creativity for companies and start-ups.
Which companies can benefit from a French Tech Visa?
Employer companies must first be recognised as innovative by the Ministry of Economy and Finance and must fulfill specific criteria:
– have part of its capital held by an entity whose main purpose is to finance or invest in innovative companies
– have been assisted over the last five years by a support structure dedicated to innovative companies
The Lawyers who are members of the TERRAVOCATS Network inform, advise and accompany persons wishing to be issued with such a « Visa French Tech ».