France’s attractiveness for business: A Ministry priority

Promoting the attractiveness of France’s territory is a key aspect of the Ministry for Europe and Foreign Affairs’ economic diplomacy. The Ministry runs a large number of initiatives aimed at promoting France’s assets, image and reforms internationally, drawing on the very extensive network of embassies, of which the local efforts in contact with economic decision-makers is very considerable.

Investment Month: the annual event bringing together the diplomatic network with foreign investors

Investment Month is the key moment for exchanges between embassies and foreign investors. Since it was created in 2015, Investment Month has been organized in almost 80 countries on all continents every year. It promotes France’s assets among international investors, economic decision-makers and opinion leaders. Every year, some 2,500 economic actors take part in events organized by French embassies.

In France: operational summits between foreign business leaders and the Government

Every year, some 30 foreign business leaders meet with members of the executive in Paris for “Strategic Attractiveness Council” meetings.

Concrete measures have been defined in this framework and since been implemented, such as the extension of start-up exchange programmes, accelerated issuance of social security numbers for foreign nationals, and the opening of new international sections in French secondary schools. In 2018, a new, larger format has been initiated. The first international Choose France! summit, organized in Versailles on 22 January 2018, brought together almost 140 leaders of major foreign companies and members of the Government and ministerial departments in order to discuss the latest reforms implemented in France. During the summit, the foreign companies present announced investments to the sum of €3.5 billion in France, contributing to the creation of almost 2,200 jobs in the coming five years.

Attracting international talent

Attracting and retaining international talent is a key aspect of competitiveness in the global economy. Above and beyond the advantageous living environment offered by France (access to education and health care, cultural scene, etc.), enhanced arrangements have been put in place to attract international talent (foreign nationals of long-expatriated French citizens):

  • the “Talent Passport”: a new residence permit (created in 2016).
  • It is valid for a maximum of four years and is aimed at business creators, investors, artists, researchers, staff of major companies, and foreign students;
  • Welcome to France”: a dedicated website supporting people who wish to move to France;
  • Extension from five to eight years of partial tax exemptions for impatriates and exemption from tax on salaries for the impatriation bonus.

Updated: February 2018