Recommended reason:France does not offer a specific residency visa with perks through investment in the same vein as other EU nations, but it did introduce a program for …
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Unrestricted Access to All Schengen Area
France does not offer a specific residency visa with perks through investment in the same vein as other EU nations, but it did introduce a program for ultra high net worth individuals to receive passport benefits. Under this entrepreneur residency program, non-EU investors who can invest a minimum of €10 million into industrial or commercial assets in France (personally, or through a company they own at least 30% of) can receive a 10-year economic residency permit. Applicants must also have a clean criminal record globally and be in good standing with the French government.
Through this program, investors will bypass any residency requirements in France, get a fast-tracked application process (maximum of 2 months), and have unrestricted access to all the Schengen area countries. The spouse and dependents of this permit holder will also receive immediate residency and the right to public healthcare and education. The right toFrench citizenship and a second passport through overseas investment into France in this manner can be obtained in three years of permanent residence.
French Economic Data for Investors
· GDP: $2.8 trillion
· GDP Growth: 1.6%
· GDP Per Capita: $37,294
· Exports: $505 billion
· Export Goods: machinery, aircraft, plastics, chemicals, pharmaceuticals, iron and steel, beverages
· Import Goods: machinery, vehicles, crude oil, aircraft, plastics, chemicals
· FDI Stock: $1.1 trillion
· Gross External Debt: $5.6 trillion
· Ease of Doing Business Rank: 29th, globally