France launched a technology visa on Thursday which aims to attract international talent, with newly-elected President Emmanuel Macron talking about the need to strip out regulation to become a “country of unicorns”.
Speaking at the Viva Tech conference in Paris, France, Macron outlined how his government would slash complex regulation, make it easier for foreign talent to work, and support start-ups with money, in order to create world-leading companies.
The visa is open to start-up founders, employees and investors and is a fast-track procedure to obtain a residence permit in France known as the “Talent Passport”. It’s valid for four years and extended to immediate family members.
“I want France to attract new entrepreneurs, new researchers, and be the nation for innovation and start-ups,” Macron told CNBC on the sidelines of the event, prior to the announcement.
“I want this country to become a country of unicorns,” the French President added later during a …