
17 Misconceptions About France’s Residency Framework and Its Investor Visa
Charlie Maggi explains why France’s €300,000 investor visa remains Europe’s best-kept secret for global investors.
France provides indefinitely renewable residence permits with one-year validity to those who can demonstrate the possession of at least €16,000 (typically more) and who commit not to take up employment in France.
The FIP visa is renewable annually online. After five years of legal residency (and physical presence of no less than 183 days a year), the applicant is eligible for permanent residency.
Once a permanent resident, the individual may apply for French citizenship by naturalization. To become a French citizen, you must have been a de facto legal resident of France for at least five years and demonstrate sufficient integration into French society by, among other things, speaking French.
To qualify for France’s Financially Independent Persons Visa, an applicant must
In practice, prefectures in Paris and the south of France often expect a higher financial threshold, as well as stronger supporting documentation (e.g. long-term lease, private medical coverage, proof of stable income, etc).
The initial visa has a validity of just one year but is renewable indefinitely. Applicants are not allowed to take up employment in France.
To apply, interested parties must first obtain a Long-Stay visa for residence permit at the French consulate. The responsiveness of the consulate can significantly impact the timeline and success of the process. Thereupon, they must deposit the required amount with a French bank and submit the application for the FIP visa either online or at the local prefecture where they reside.
Once approved, the applicant will receive a residence permit and an accompanying residence card from the prefecture.
Applicants can renew the permit online 2-4 months prior to expiration.
The initial FIP visa has a validity of just one year. Applicants may, however, renew this online no earlier than four months and no later than two months before expiry.
After five years, the applicant can convert the residency into a permanent one, at which point there is no longer any need to demonstrate sufficient means.
Once the applicant has obtained PR, he may apply for French nationality. France grants citizenship at its discretion, and require mastery of French language and culture, and general integration into French society.
While there are no physical presence requirements at the temporary residency stage, France will only grant permanent residency and citizenship to applicants who have spent a majority of their time (and therefore have become tax residents) in the country.
Browse 195 countries’ paths to citizenship in the hyper-detailed IMI Citizenship Catalog.
Applications for this program may be directed to Direction Générale des Etrangers en France (DGEF) & Business France.
Legislation upon which this program is based Code on the Entry and Residence of Foreigners and the Right of Asylum (Article L313-6)a.

Charlie Maggi explains why France’s €300,000 investor visa remains Europe’s best-kept secret for global investors.

Socialist abstention killed citizenship tax by one vote. Lawmakers then rejected Zucman wealth tax.

The proposal would once again place high-earning French nationals in the sights of domestic taxation rules even after they leave the country.
See more statistics on this program and others in the IMI Data Center.