France wants to attract foreign entrepreneurs and startups.
Foreign entrepreneurs granted the new French Entrepreneur visa (also called French Tech Ticket) will be provided with a grant of12,500Euros which will be exempted of income tax and social taxation (CSG-CRDS) – as agreed by the French Parliament in the amendment of a law on international investment.
The French Gov and the city of Paris launched the French Tech Ticket visa this year to promote its startup eco-system worldwide. This financial incentive aims to attract and support foreign entrepreneurs starting innovative companies in France.
The French Tech Ticket acts as a comprehensive “Welcome Pack” for foreign entrepreneurs. Successful applicants will benefit from a fast track visa process to obtain a work visa and receive – on top of a grant of 12,500Euros per founder (maximum 3 people) – an office space in a partner startup incubator, support on settling down and discounts on Air France flights.
The grant of 12.500Euros is renewable after 6 months if the project shows traction. Next year, the French Tech Ticket should be extended to the whole country incubators. For now, the French Tech Ticket works only with foreign entrepreneurs wanting to relocate in Paris.
Making Economic Sense
This measure to exempt the grant of taxes comes as natural as the 12,500Euros are granted by the French Government through the BPI. Indeed, a taxation on a government subsidy would not make much sense.
Launched this May, the French Startup Visa is for non-French entrepreneurs who have an idea for creating or expanding a startup. During the call for proposals, which ended on 15 September, 722 startup projects were submitted, for a total of 1,372 applicants and 5,677 expressions of interest from over 90 countries.
It is a definite confirmation for Axelle Lemaire, Minister of State for Digital Affairs, that France has grown a strong “international appeal” she says and “for this fantastic startup momentum to continue” she adds “we now need to work with entrepreneurs from around the world and (…) later [expand the French Startup Visa programme] to other French Tech Metropoles throughout France.”
Paris, growing hub for international startups Buoyed by the success of forerunners such as Criteo, Withings, and Sigfox, the recent news of $200 raised by Blablacar, the acquisition of Leetchi, the plans for Deezer to go public, and with the support of the French government, which launched the French Tech initiative, French startup have reached cruising speed in recent years!
Paris is a world leader in the innovation economy: “Number one city in the world for innovation and intellectual capital” and “third most appealing city for foreign investment”.
The fifty winners of the first edition of Paris French Tech Ticket will be announced in December. Starting in January 2016, they will be welcomed into a dozen support structures and partner incubators.
Upcoming stages in the selection process: 1- By the end of September: a pre-selection process will choose 500 eligible projects, in order of submission
2- October: the 500 projects will be reviewed by a panel of experts. Seventy of them will be selected, and Skype interviews with the applicants will take place between 2 and 6 November
3- End of November: following the interview phase, the list of finalists and runners-up will be
4- January 2016: the 50 winning French Tech Ticket entrepreneurs will arrive in Paris
A new call for proposals will be launched early in 2016.
Studying abroad has become more accessible. In 2014, 4 million students chose to study abroad, 2 million more than back in 2000.
Yet, going on a study abroad program remains a risk: most international students will use of a loan or family money to pay the university fees and living costs- without a guarantee that he/she will be able to pay it off back.
Here is a list of what the top 5 European countries have to offer for international students in terms of visa, tuitions fees, work while studying and courses compared.
It is ordered from the cheapest to study at (fees + costs of living) to more expensive.
Germany is actively looking to recruit International Students in the next years. Germany has lots to offer:
– Germany has abolished tuition fees at public institutions: This means that will only have to pay for admin fees around €100 to €250 a semester and living costs (this does not apply to private universities and for most Masters students expect if you have studied a bachelor in Germany before)
– A simple student visa process; and a no-visa policy for courses of less than 3 months for international students coming from Australia, Canada, Israel, Japan, South Korea, New Zealand, Switzerland and the USA.
– The right to work part-time while studying; and stay after graduation for 18 months on a post-study work visa, that allows work too.
– A welcoming job market for international students: the government created a website to help foreigners find jobs and has created specific initiatives to recruit foreign workers from Asia. For the record, a recent statistics quoted that 68% of International students found a job after graduation in Germany.
France and its world known capital Paris is an attractive destination for International students speaking French or interested in learning French. However, you should know that French universities are quite picky about who they accept and expectations are high. Nevertheless you should consider studying in France because
– Education matters in France, so you are sure to get a quality and world class education while studying there.
– France excels in the following courses: Nuclear, Space and Aviation, Engineering, Teaching, Linguistics, Art, History, and Medicine.
– Annual tuitions fees are set by the French Government for Higher Education Universities: from €200 to €700 maximum depending on the course. Fees for private institutions—particularly schools of business and management—is generally higher, fluctuating between €3,000 to €10,000 a year.
– Finding a job in France is not easy because of high rates of unemployment and strict rules over employment contracts. This said, you can work while you study or look for work for a year after graduation if related to you course.
Masters’ and engineering students can apply for a further one year, non-renewable temporary residence permit, which allows to work in any job up to 60 percent of a normal working week.
If the work offers a salary of at least 1.5 times the minimum wage, students can change status from student to employee and work full-time.
Italy’s your destination of choice if you are interested in History, Arts and living a unique millenary culture. Italy’s research and higher education system has good reputation for excellent standards.
– A knowledge of Italian is highly recommended to enjoy your stay but not compulsory to get the visa.
– Italy offers incredible diversity of courses in Fine Arts, Fashion and History – especially related to the period of the Renaissance.
– The average fees at University is in between 850 euro and 1,000 euro per year.
– There are many scholarships available to International Students and an extra efforts is made by the government to help students from poorer countries.
– Working while studying is allowed up to 1,024 hours a year, and international students with a masters degree or abovs can stay for up to 12 months after graduation to look for a job.
Spain became a hub for international students thanks to the successful Erasmus Program implementation there – European Union program to encourage EU students study abroad. Spain remains an attractive destination, especially for Latin American students who benefits from the common language and easier visa rules.
– Spanish is the third most spoken language in the world, and second most spoken in the Western world. Improving your spanish early might open to you many more doors tomorrow.
– Tuition starts at €5,500 per semester and can go up to €12,000 per semester.
– UK has a clear advantage of being the country’s where English is from and spoken everyday. The Language commonly spoken in Business and the second most spoken language after Chinese.
– University tuitions fees are the highest of all European Countries. On average, International Students University fees starts at £10,500 and can go as high as £20,000 if you are aiming at specific courses in finance and management. There are plenty of scholarships available to check.
– Student Visa for the UK are hard to get. It requires to prove a good knowledge and practice of the English Language and that you can financially support yourself, along providing the right documents. Always ask an expert for visa guidance and advice if you have doubts.
– Working while studying is restricted to 20 hours a week . UK’s job market is quite flexible and vibrant so it is not too hard for International students to find a part-time job.
– However, work after graduation is difficult to find because of strict rules over post-study work visas. International Students to work after graduation will either need to find a job that can be sponsored by an employer; or an internship that pays the minimum wage; or start your own company.
Studying abroad can prove to be a fruitful investment if well thought through.
International students may want to think of the topic of study and the language in which they wish to study the course before looking for universities and tuitions fees.
Studying abroad is expensive make sure you make the most of the many scholarship available for international students in Europe.
Looking back and moving forward: here is a list of the seven good news expected to happen in 2015 that will make it easier to move abroad for many. And if you have any questions about work, study and family visas to Europe, ask Migreat directly.
Immigration has become a growing centre of attention this year again, sadly not always for good news. Though no need to contribute to more negativity.
Instead, let’s cheer up with a fresh and positive look at what is on the immigration agenda for 2015 in Europe and the US – and get you excited about immigration for the new year.
1. Five million undocumented migrants come out of the shadow in the US!
The measure to be implemented as soon as January 2015 should lead to the regularisation of status of up to five million immigrants currently living in the US and that have been living for the last five years in the US.
It does not apply to criminals, recent and future undocumented immigrants. It is yet to be known if that can lead to the switch to a longer term visa also known as green card.
It is a major change in the life of millions of people that so far were probably forced to take up jobs they did not liked, could not claim rights in the US and be protected by civil laws, and most of the time could not access university education.
2. Easier immigration system for STEM students, Exceptional talents and Entrepreneurs to the US and the US.
US Entrepreneurs and STEM Students
The US is catching up with the UK to attract talented individuals in digital technology with more flexible and easier immigration rules applying to them.
Obama also announced that he will extend the period a student enrolled on STEM courses can stay after they graduated. The measure would allow such students to stay 29 months, that is 11 months more than other students so they can work at startups.
If you are interested in other Entrepreneur visa opportunities available worldwide outside the US, Migreat released a report of the best entrepreneur visas – that got the attention of Forbes magazine 🙂
UK Exceptional Talent Visa
The UK Government launched an exceptional talent visa for individuals gifted in digital and tech this year. It is yet to be proven that it can get traction and attract such talents. Numbers of applicants are below the 20 each year. Let’s see if the cap of 200 will be hit this time.
Overall the US and the UK will compete again next year to attract entrepreneurs and technologically savvy migrants in the aim to foster innovation, create jobs and adds wealth to their respective economies. Let’s hope these measures will give more space in the media for a bigger recognition of the positive contribution made by migrants to the economy, and how immigration is benefitting us all.
3. The year of Chinese and Indian Migrants?
Chinese and Indian nationals are sought after migrants in 2015 from major European countries. They will benefit from exclusive visa application system reforms and special work training schemes that were already started this year as pilots in the UK, France and Germany.
The number of Chinese migrants has grown dramatically over the years.
All of this in a coordinated effort to make it easier for Chinese visitors to come to the UK and attract Chinese business investments.
France – which celebrated this year the 50th anniversary of the establishment of diplomatic relations between France and China – has shorten the time of application process for Chinese visitor to 48H this year and simplified application document requirements.
Germany plans to do similarly a shortening of visa application processes from five days to 48H for Chinese visitors as well as open six more application centres in major Chinese cities.
The news comes at the same time as the German Government announces that it wants to attract more international students, from 280,000 in the year ending 2013 to 330,000 by 2020 .
Germany has created an immigration system for students that allows them to stay 18 months after graduating, and statistics are confirming this has supported international students employment: 68% of them find a full-time job in Germany after graduation.
In the year 2014 ending, one out of ten students in Germany is from abroad. It is maybe time for you to reconsider how much studying abroad can give you, more than cost you.
5. London and Germany open their doors to migrants to work in startups
Migreat is excited to say that it has partnered this year with leading European Startup accelerators and startup programs to support entrepreneurs and talented migrants move and work in Europe.
So far, so good: migreat offers its partners a simple assistance and further support for their students and applicants with immigration status and application. The feedback from migrants at our partner’s organisations has been excellent as one can judge from the following received a little before Christmas:
I received a job offer a few days before my student visa expired. With very little time to prepare my Tier 2 visa application, I was quite relieved to find out about Migreat’s services.
The people at migreat were very approachable and proactive in helping me to source information, getting my questions out to a lawyer, and even following up with me to make sure everything was alright. I would readily recommend Migreat to anyone else in a similar situation! – Ethel, Makers Academy Student, November 2014.
We are excited at Migreat, and quite looking forward to multiply partnerships with similar other institutions in 2015 to make immigration easier for individuals accepted at startup accelerators and training programs in Europe and the US.
And you, what are you excited about for 2015 and what do you have planned that contributes to make the world more open? What do you wish to see happening in immigration worldwide?
Share with us the good news and vibes on twitter @Migreat or Facebook. Follow @Migreat on Twitter to read latest news and data on immigration worldwide.
For International Migrants Day, Migreat is taking on social media to celebrate migration and migrants all around the world with the #IAmAMigrant Hashtag. Today, we start with facts about worldwide Migration.
The big numbers
There are 232 million people in the world living outside of their country of origin. If migrants were representing a country, they would be part of the fifth largest country in the world; topping Brazil (203 Million), well below China (1,367 Million) and India (1,263 Million), but close to the population of the US (319 Million) and Indonesia (252 Million).
Migration: a Developed Country Phenomenon
Migrant flows have changed over the years. Nowadays, Migrants are mostly coming from developed countries with half of them originating from OECD countries to stay in OECD countries. Migration from poor country to rich country, against common beliefs accounts only for a quarter of the overall migration flow each year. Click the link to read more amazing facts about migration.
In other words, migration flows are driven by people from developed countries rather than underdeveloped countries. As a matter of fact, one out of ten people living in the OECD is a migrant. See and click on the infographic below to learn more.
This year 2014, the majority of new migrants are coming from Asia and European countries: China (10%), Romania (5.6%), Poland (5.4%) and India (4%). You can get the hard numbers on this other infographic by Italian Infographic Designer Carlo Zapponi.
30% of migrants worldwide are highly skilled workers with a university degree. This will probably continue to increase as the number of students worldwide enrolled on courses outside of their country of citizenship more than doubled since 2000. In 2012, there are 4.5 million international students, with 75% of them enrolled in OECD countries.
However, all is not bright and blue for these highly-skilled. Student and work visas are tough to obtain in some countries like the UK or the US. Migrants are less likely to be employed than native borns. When employed they are 50% more likely to be overqualified for the job. It is a lot of wasted economic potential that needs and can be fixed!
Join the call
As Ban-Ki Moon, UN Secretary General said:
“Migration is an expression of the human aspiration for dignity, safety and a better future. It is part of the social fabric, part of our very make-up as a human family”
This list is timely because the UK has just launched an exceptional talent visa last April for entrepreneurs and startup employees in the Digital Industry and there is a growing trend across European countries to try to attract foreign investment and entrepreneurial migrants to start businesses in Europe and create jobs.
Lastly, our company has been much involved in speaking at conferences and in the media about the opportunities for highly skilled migrants in the UK and have launched a report on applicants to the UK Entrepreneur visa. Countries with specific visas for Entrepreneurs & Startup Founders In the UK, entrepreneurs and start-ups founders can come on one of the three following visa options:
The choice between them depends on your personal situation and visa history as well as the length of their stay and the stage at which they are with their business. The most difficult to get is the Entrepreneur visa because you will have to prove either access to 50K or 200K investment. For others, you will just have to prove a business model that works and to be genuinely motivated to build a company in the UK.
There has been a growing demand for those visas for the last five years; and stricter rules are being implemented throughout time to check the genuineness of applications. The latest changes in July 2014 are pushing entrepreneurial students to apply for the graduate entrepreneur visa instead of the main Entrepreneur Visa. In Ireland, entrepreneurs and startups founders can apply to the startup visa targeted at innovative companies. You will have to show €75,000 in funding investments. No job creation targets have been set as it is recognized that such businesses can take some time to get off the ground.
The intention of the programme is to support high potential start-ups. The scheme is not intended for retail, personal services, catering or other businesses of this nature. More information can be found on the following link: http://www.inis.gov.ie/en/INIS/Guidelines%20for%20Start-up%20Entrepreneur%20Programme.pdf/Files/Guidelines%20for%20Start-up%20Entrepreneur%20Programme.pdf
The Italian startup visa is aimed at attracting and promoting innovative global entrepreneurs and was launched in June 2014. It offers a simplified visa procedure for entrepreneurs by cutting red-tape and providing a range of tax and labour regulation benefits. To qualify for it, the entrepreneur applicant must prove the innovative character of the business idea ; and show access to €50,000 in investment capital for the business. The visa is granted for a year and renewed each year.
Migrant Entrepreneurs to Italy can also choose to enter the country via the ‘standard’ self-employed visa. The process requires the applicant to apply for a work permit (nulla osta) from within Italy. Italian entrepreneur visas can be given for economic activities in any sector. The minimum funding investment to show is a mere €4,962.36 which contrasts to the €50,000 investment required for the Italian Startup Visa.
Nevertheless, you must pay careful attention to demonstrate you are contributing to the Italy’s economic growth by the amount of investment you are bringing in, the amount of revenue you are planning to generate and how many jobs you plan to create. As such, working closely with the Italian Chamber of Commerce can greatly help you make your application successful.
The Italian Entrepreneur work permit allows you to stay for two years. You can renew your permit by submitting an application at least 60 days before the permit expires. Countries without a specific visa for Entrepreneurs
Currently France does offer two visas for entrepreneurs:
a resident permit called Compétences et talents (Competencies and Talents).
a FrenchTech Ticket or Entrepreneur visa
It grants visa for entrepreneurs that “are likely to make a significant or lasting contribution, to France’s economic development or to its prestige, and directly or indirectly, to that of their country of origin”.
In other words, your business must have show a clear contribution to France’s economic prosperity and to your country of origin back. Very very few of these visas have been issued.
What is a most often used solution for entrepreneurs in France that want to start a company is to come under the EU Blue Card rather than apply for a Competencies and Talents resident permit.
The only advantage of the Competencies and Talents resident permit is that it will grant you a stay as long as 6 years, one year more than the EU Blue card.
The French Ticket or entrepreneur visa, is granted to entrepreneurs selected by specific Paris based incubators and starting a business related to technology and the digital industry. Learn more about the FrenchTech Ticket application process.
This will allow you to start a business in Germany legally for three years at the end of which, you can apply for permanent residency if the business is viable and successful.
Recently, Spain created a specific fast-tracked visa route for entrepreneurs. Entrepreneurs are offered the normal resident permit, requiring them to have a government-vetted business plan, health insurance and enough money to support themselves while living in Spain. Visa decisions are promised within 10 working days, and residence permit decisions in 20 days.
This visa gives you two years legally in the country and is renewable.
This list is an overview of major European countries’ immigration policy towards entrepreneurs.]
You will eventually have to renew it and most renewal can lead to residency. You will just have to prove that you have been successful at the business.
For more information about those schemes, you can always ask Migreat online or below in the comments.