France’s trade minister invites foreign workers to come and help ‘relaunch economy’

France's trade minister has invited the 'talents of the whole world' to come and help the country rebuild its economy after the lockdown.

France's trade minister invites foreign workers to come and help 'relaunch economy'
Franck Riester hopes to attract foreign talent to France. Photo: AFP

Franck Riester, minister for foreign trade and economic attractiveness, is keen to promote France's 'talent visa' which allows entrepreneurs, innovators and tech experts and their families to move to France from outside the EU.

The talent visa is part of a concerted effort from France to attract more foreign businesses and tech expertise into the country, along with the Welcome to France programme that aims to make setting up new businesses in France easier for foreigners.

READ ALSO EXPLAINED How to apply for a visa to France

Riester, who was appointed the 'minister for economic attractiveness' in July's government reshuffle, tweeted that France “will need the talents of the whole world” to relaunch its economy after the recession caused by the pandemic and lockdown.


France is on course for its worst recession since 1945 after its economy contracted by more than 13 percent, although it has so far not been as badly hit as Spain or the UK, which has seen the biggest shrinkage in Europe.

The minister added that he hoped that the talent visa will “encourage talents from around the world to choose our country for growth and employment”.

From 2021 it is likely that British people will also need visas to move to France to work, in the same way that non-Europeans such as Americans, Canadians, Australians and Indians do now.

READ ALSO Five reasons to start your own business in France

France has been keen to attract British talent to the country, and in 2019 launched a website in English with a guide to setting up a business in France with information on French business laws, tax rates and residency rules, as well as a section on the grants, loans and funding that is on offer to businesses moving to France.

The passeport talent (talent visa) was launched in 2015 and offers a four-year visa to workers with particular skills and their families.

You can find out more about the talent visa here.



Member comments

  1. Hmmm…there is no shortage of talent already in France (native and immigrant) who are hamstrung by byzantine red tape and incomprehensible tax laws…the issues with the economy and work in general in France won’t go away until they significantly overhaul and simplify both systems.

  2. Preventing foreigners who own property in France from accessing their investments does not encourage capital investment. France and the EU need to adopt Covid testing to permit entry rather than ban most of the world .

  3. I have owned a beautiful home in France for 20 years which I restored. I pay taxes, make purchases and employ people. I continually have problems with France losing my paperwork for a Visa and they don’t care. I was promised a 5 or 10 year Visa and lost my paperwork and I could only stay for 3 months without the visa. The visa process was a nuisance and my home is for sale.

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Warning: 6 of the most common scams in France to watch out for

From computer hacking to phone calls, a new report reveals that scams and frauds are unfortunately on the rise in France and the criminals are getting more sophisticated - here are some of the most common frauds to be aware of.

Warning: 6 of the most common scams in France to watch out for

France’s fraud and financial crime watchdog, Tracfin, has published its annual report, indicating that fraudulent activity has become both more frequent and more evolved in the last year.

The report highlighted the most significant forms of fraud tracked by the watchdog. In particular, it found that CPF (Compte Personnel de Formation) scams represented a significant proportion of the fraudulent activity registered this year. 

These are the scams the report highlighted:

The CPF scam: The Compte Personnel de Formation is available to all employees in France. Essentially, they are given access to money each year for free professional training (€800 for unskilled workers, €500 for full-time, skilled workers).

This is a real, government-backed scheme with a genuine website and app – it’s particularly useful for foreigners in France because the money can be used for French classes. Here’s how it works.

Unfortunately, however, the name is frequently used by scammers and Tracfin director Guillaume Valette-Valla warned that these scams have become more professional, often now involving transnational criminal organisations, particularly those located outside the EU, as well as shell companies that exist to siphon off the public money.

A lot of these scams involve SMS messages and phone calls warning people that they would lose their allowance and urging them to sign up to training courses have become increasingly frequent. These messages often contain fraudulent links asking recipients to enter their personal details onto dodgy websites.

The presence of CPF shell companies dramatically increased in 2021, according to the report. Tracfin received 116 reports of suspicion of shell companies, which is a significant increase from the 10 reported in 2020. 

For CPF fraud overall, the scams racked in accounted for over €43.2 million compared to €7.8 million a year earlier.

READ MORE: Beyond the scams: How to use France’s €500 training budget

The carte vitale scam – if you live in France your carte vitale is a vital document, allowing you to access publicly funded healthcare.

An increasingly common scam is sending a text message or email telling a person that their carte vitale is about to expire, and to click on the link and enter their details to keep it active. This is a scam, the carte vitale does not expire. If you need to make any changes to your card or request a new one if you have lost of stolen it, use your online Ameli account or visit your local CPAM office.

Driving scams – summer is the time of year when thousands of people – both locals and tourists – take to the roads for a trip away, and scammers often prey on drivers.

Some scammers operate at service stations, approaching non-French drivers and spinning them a sob story to try and extort money, while others operate insurance scams by pretending that you have damaged their car. There are also sporadic reports of ‘fake cops’ who try to issue on-the-spot cash fines to cars with foreign number plates.

Driving in France: The common scams thieves try on foreign motorists

Postal scams – it’s a very common experience to get a message from La Poste or a parcel courier telling you that you were out when they tried to deliver a package. Usually you will just need to arrange another time or head to the post office, but beware of text messages or emails telling you that there are outstanding charges for a parcel, with a link to enter your card details.

Couriers do not operate like this and if there are any outstanding postage or customs charges, you pay them in person not via a link in an email or SMS.

Ransomware attacks – France also saw a rise in ransomware attacks – particularly those targeting small businesses.

In 2021, the French National Agency for Information Systems Security (ANSSI) handled 203 ransomware attacks, compared to 192 in 2020 and 69 in 2019. This represents an increase of 194 percent increase in incidents handled in two years. These attacks were predominantly (over 52 percent) targeted at very small, small and medium-sized businesses.

Ransomware attacks are on the rise for two reasons: a lack of digital literacy and security, and an increased specialisation and professionalisation of the criminal ecosystem.

Fraud on government schemes: Tracfin also noted a rise in fraudulent declarations for government schemes, particularly those made available as emergency responses to the Covid-19 crisis.

These were mostly represented by misuse of compensation for short-time work, emergency aid for companies, self-employed people and business owners, and state-guaranteed loans.

Looking forward – the report also warned how NFTs (Non-fungible tokens) could constitute an additional fraud and cybersecurity risk for people across the country.

So far, Tracfin has received reports of scams involving NFTs whose value has been artificially increased (“pump and dump”), NFTs copying or plagiarizing original works without having the copyright or simply fake NFTs that disappear once they are downloaded from a fraudulent website. The watchdog also highlighted that NFTs could eventually be used for tax fraud. 

On top of tracking scams within France, Tracfin was also involved in tracking down the assets of Russian oligarchs after sanctions against Moscow went into place following the invasion of Ukraine, estimating that €1.18 billion worth of financial and non-financial assets have been frozen in France since the beginning of the conflict.

If you are contacted by a company and you are not sure if it is genuine, the French government has compiled a ‘blacklist’ of dodgy companies that frequently try and defraud people – you can find it here.

If you think you may have fallen victim to a scam, particularly if you have shared your banking information, the first step is to contact your bank. You can learn more about what to do in this scenario, HERE