FRANCE / VLS TS ENTREPRENEUR
The “Visa Long Séjour valant Titre de Séjour” (VLS-TS), specifically for entrepreneurs in France, is designed for non-European Union nationals who wish to set up a business in France. This visa serves as both a long-stay visa and a residence permit, allowing entrepreneurs to live and conduct business in France. It typically requires renewal after one year.
General Rules:
- Eligibility:
- To qualify for this visa, entrepreneurs must demonstrate a viable business plan that is likely to significantly contribute to the French economy or directly create or protect jobs.
- The project must involve an investment of at least €30,000.
- Scope and Duration:
- The VLS-TS Entrepreneur visa is valid for up to one year, after which the holder must apply for a renewal or a different type of residence permit suitable for their situation.
- This visa also allows the holder to travel within the Schengen Area.
Application Process:
- Initial Application:
- Applicants must first submit a visa application at the French consulate or embassy in their home country.
- An interview and biometric data collection will typically be part of the application process.
- Arrival in France:
- Upon arrival in France, entrepreneurs must validate their VLS-TS online within three months. This involves entering the visa details, providing a local address, and paying the applicable tax.
- Renewal:
- Before the visa expires, the holder must apply at their local prefecture in France for a renewal or a change to another type of residence permit, depending on their situation and business progress.
Documents Needed:
- Standard Documents:
- Valid passport.
- Completed application form for a long-stay visa.
- Recent passport-sized photos.
- Business-Related Documents:
- A detailed business plan that demonstrates the viability and economic impact of the project.
- Proof of investment (at least €30,000).
- Registration of the business or a declaration of the planned business registration with appropriate French authorities.
- Proof of Financial Means:
- Bank statements or other financial documents proving sufficient funds to support oneself and dependents without needing social assistance.
- Proof of Accommodation:
- Rental agreement, property deed, or a letter from a host in France stating living arrangements.
- Health Insurance:
- Proof of a health insurance policy that covers all risks within France.
Additional Considerations:
- Local Integration: Applicants may also need to demonstrate their intention and plan to integrate into French society, which can include language proficiency and understanding of French civic values.
- Economic Contribution: The French authorities will assess the potential economic benefits of the business, including innovation, job creation, and investment.
The VLS-TS Entrepreneur is a strategic visa category for France, aiming to attract foreign entrepreneurs who can contribute to the French economy. Applicants must carefully prepare their applications and business proposals to meet the specific requirements of this visa category.