Tech visa for overseas entrepreneurs launched by French President Emmanuel Macron

Emmanuel Macron the President of France has launched a Tech visa for overseas entrepreneurs and investors in order to bring in global standard firms. The new tech visa will facilitate the easy immigration of overseas talents to France. It will also offer them the support of funds, as quoted by the CNBC. The fast-track tech visa will also facilitate immigrants to obtain a permit for residence in France also popular as ‘Talent Passport’. The validity of the residence permit will be for 4 years and is applicable to immediate members of the family. Speaking at the Paris conference Viva Tech Macron told CNBC that he intends to attract fresh overseas entrepreneurs and researchers to France. France must emerge as the hub for start-ups and innovation, added the French President. In his keynote address at the Paris conference, Macron added that he intended that France becomes the nation of unicorns. He further elaborated that often talents quit France as the ambiance in the nation are not conducive adequately. Thus it is crucial to train and retain the talents, said Emmanuel Macron. Macron proposed one more initiative the European Venture Fund. It will incubate and support start-ups in France to grow, said Macron. He also stressed the need to have a Single Digital Market. This is a policy of the European Commission that intends to synchronize the legal framework ranging from streaming services to roaming tariffs. France hit a venture capital investment of 1.6 billion dollars in 2016. This was, however, a little low when compared to the 1.7 million dollars in 2015. France still lacks behind other EU nations such as the UK and Germany but many overseas investors are now arriving at the nation. If you are looking to Study, Work, Visit, Invest or Migrate to France, contact Y-Axis, the world’s most trusted Immigration & Visa Consultant.