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A Hidden €300K Path to French Citizenship in 5 Years · IMI Podcasts

• 0:00
  SPEAKER_00: Everyone looking for a European golden visa ends up with the three same options in Europe Portugal, Italy, and Greece.
• 0:06
  SPEAKER_00: But these three programs have the same problems of restrictions, backlogs, and sometimes long process to citizenship.
• 0:14
  SPEAKER_00: There is one program that is not very known by the market.
• 0:16
  SPEAKER_00: It's the France Residency by Investment Programme.
• 0:19
  SPEAKER_00: And today I will talk about it.
• 0:21
  SPEAKER_00: Bonjour everyone, I'm Charlie Magie.
• 0:23
  SPEAKER_00: I'm the founder of the Open World Residencies and Citizenship and the co-founder and CEO of France ID.
• 0:29
  SPEAKER_00: France is not so known in the landscape of residency by investment compared to Italy, Greece, and Spain.
• 0:37
  SPEAKER_00: But France actually offers a lot of benefits.
• 0:39
  SPEAKER_00: For example, the naturalization process is 5 years in France, when it's 10 years in Spain, Italy, and Portugal.
• 0:47
  SPEAKER_00: Also, you actually don't need to become a tax resident in France in order to renew your residency.
• 0:53
  SPEAKER_00: We have a lot of options when comes residency.
• 0:55
  SPEAKER_00: Actually, under the Passport Talent Umbrella, there are 14 different programs that lead to a long-term residency.
• 1:02
  SPEAKER_00: There is passive income, highly skilled individuals, company creation, and of course the one that we will discuss today, the investment route.
• 1:10
  SPEAKER_00: The investment route is a 300,000 euro investment into an existing company.
• 1:15
  SPEAKER_00: We're not talking about startups, we're not talking about a new company, we're talking about existing companies where you actually become a shareholder.
• 1:22
  SPEAKER_00: We are not an investment fund, we are not an investment vehicle.
• 1:25
  SPEAKER_00: You go straight to the company where you invest your 300,000 euros and become directly a shareholder.
• 1:31
  SPEAKER_00: Of course, this money is not being invested until you obtain your residency, which is a big plus when you compare with other countries where you first need to process your investment and then later on hope to get your residency.
• 1:44
  SPEAKER_00: There is no language test, the whole family is included, there is no actual blacklisted nationality, and again, you don't need mandatory stay in the country in order to renew.
• 1:55
  SPEAKER_00: You only need to maintain your investment.
• 1:58
  SPEAKER_00: So now, what is the exact process?
• 2:00
  SPEAKER_00: Well, first we introduce you to the company.
• 2:02
  SPEAKER_00: You can talk to them, understand them, talk to the managing team, what is the strategy and so on.
• 2:08
  SPEAKER_00: Then you decide to make the investment.
• 2:10
  SPEAKER_00: First, we open a bank account for you.
• 2:13
  SPEAKER_00: This is your bank account where you can leave your 300,000 euros on it.
• 2:17
  SPEAKER_00: We do all the paperwork, KYC, AML, all the rest for the consulate.
• 2:22
  SPEAKER_00: Once your application has been approved at the consulate, your money will be invested in the company.
• 2:28
  SPEAKER_00: And you have three months to go to France and obtain your four-year renewable residency.
• 2:34
  SPEAKER_00: Once you get your residency, you have access to free healthcare, free education, and all the rest.
• 2:40
  SPEAKER_00: Of course, access to Schengen and you can travel free in all the Schengen countries.
• 2:46
  SPEAKER_00: But you might be asking why France?
• 2:48
  SPEAKER_00: Well, first of all, the processing time.
• 2:50
  SPEAKER_00: You know, you heard about the stories of people waiting one, two, three years to get their appointment in some countries in Europe for the golden visa.
• 2:56
  SPEAKER_00: In France, you obtain your residency at the consulate level.
• 3:00
  SPEAKER_00: Yes.
• 3:00
  SPEAKER_00: In a few weeks you get your residency in your pocket, and then you have one year to go to France and actually get your residency card, your four-year residency card.
• 3:08
  SPEAKER_00: What else?
• 3:08
  SPEAKER_00: Well, then the minimum stay.
• 3:10
  SPEAKER_00: As I said, in some countries, you still have to stay in the country in order to renew your residency.
• 3:16
  SPEAKER_00: In France, this is not the case.
• 3:17
  SPEAKER_00: No mandatory stay in the country.
• 3:20
  SPEAKER_00: You can decide if you want to live there or not.
• 3:23
  SPEAKER_00: Even if you don't relocate to France, you will be able to renew your residency.
• 3:27
  SPEAKER_00: Last but not least, it's France.
• 3:29
  SPEAKER_00: It's Emily in Paris.
• 3:30
  SPEAKER_00: It's a beautiful country.
• 3:32
  SPEAKER_00: It's one of the best universal healthcare in Europe.
• 3:35
  SPEAKER_00: Literally, you can go to the hospital and you don't have to use your credit card once.
• 3:39
  SPEAKER_00: And it's a beautiful country.
• 3:41
  SPEAKER_00: In some part of France, you can actually enjoy a very nice lifestyle.
• 3:45
  SPEAKER_00: And you know, J'aime La France.
• 3:47
  SPEAKER_00: Thank you so much, everyone, and uh looking forward to meeting you.