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A Visa for founders, engineers and investors willing to join France

visa.lafrenchtech.com

201–210 of 751 posts

Re: A Visa for founders, engineers and investors willing to join France

#201

Does the 33% corporate tax rate and ~30% personal income tax rate (at a €30k salary) apply to them?

30% income tax is the marginal rate. On your 30k, you get 1925€ per month (23k/yr) after corporate tax/social security etc. We call this "net" even though income tax is due on top of that. For income tax, you pay taxes according to the following brackets (on yearly income) : - 0€ to 9700€ : 0% - 9701€ to 26791€ : 14% - 26791€ to 71826€ : 30% That means for a single person with no children, you pay an incone tax of 23…

Am I misunderstanding or did you make a math error? I'm getting: (23000-9700)*.14 = 1862€/yr

Re: A Visa for founders, engineers and investors willing to join France

#202
post #91

Earlier quoted context omitted.

> I've read so much that work life and culture is so much better in France, so heres hoping... Yes and no. There's certainly room for a healthy work-life balance, but don't believe that you're guaranteed to get an interesting job AND great work-life balance. You can find it, but it's not 100% of the market.

I would love more details but don't know how to PM on here. My email is my username @ iCloud . com

There is no PM here. If you want to be contactable, put some way in your profile.

Re: A Visa for founders, engineers and investors willing to join France

#203

Apropos of this, I was in Paris recently at a startup event, and was pleasantly shocked at the sheer number of startups and people I saw doing things. This is a good move by the French, and will help attract entrepreneurs away from other countries (particularly like those just across the channel currently inflicting generational economic damage on themselves.)

As someone from the UK, my main reason for not moving anywhere else in Europe is the language barrier. I'm not even sure I'm capable of learning another language; 5 years in school trying to learn French + German, and can still only put together about two sentences. From what I remember, no one else seemed to really pick up the languages either.

My French improved a lot from just watching TV and looking up any new words in the dictionary.

Re: A Visa for founders, engineers and investors willing to join France

#204

Any avenues for self-employed/single-person-company folks? I know Netherlands has DAFT but I'm interested if this opens any similar options in France. I have dreams of living and coding by the Mediterranean Sea. :)

>I have dreams of living and coding by the Mediterranean Sea. :)

Not to rain on your parade, but France is still highly centralized around Paris. You'll have _extreme_ difficulty finding clients and building relationships if you're not working (by which I mean: spending most of your time) in Paris.

Re: A Visa for founders, engineers and investors willing to join France

#206

Earlier quoted context omitted.

As someone from the UK, my main reason for not moving anywhere else in Europe is the language barrier. I'm not even sure I'm capable of learning another language; 5 years in school trying to learn French + German, and can still only put together about two sentences. From what I remember, no one else seemed to really pick up the languages either.

>As someone from the UK, my main reason for not moving anywhere else in Europe is the language barrier. I'm not even sure I'm capable of learning another language I moved to Poland from the UK yonks ago, and have equally disastrous - if not worse - language skills as you. Not long after arriving, I accidentally got a job at a startup, and I'd been led to believe everything was done in English internally: communicatio…

> even variable names in the code, all was in English

As a English-is-my-second-language person I can't imagine naming variables using any other language but English.

English is most of the times more concise than my mother language (Polish), and it is much easier to share code on the net, find help on stackoverflow, etc.

Re: A Visa for founders, engineers and investors willing to join France

#207
post #83

Earlier quoted context omitted.

I'm sorry, but ... typical French reaction (I'm French myself) The government and the administration is trying to improve the climate on founders/visa/startups/tech, and yes, it's far from being perfect and there are a lot of pieces missing and a lot that could be improved, but, at least, they seem to be trying. And then you come, and just tell people they should go somewhere else "because it will be too hard". So, I…

I think the problem is that there is a complete disconnect between those in government that are "trying" as you say, and those who execute the day to day bureaucracy. Let's take an example directly from this announcement: "Apply to the French Tech Visa for Investors: Contact your local French Consulate or the local "Prefecture" (if you already reside in France) and follow the general route to apply for a "Passeport T…

Well, getting lost in translation is something normal, isn't it? I have been 1 year in Germany and I tried to learn German. If you don't want to learn a new culture/language it's going to be difficult for sure. Why a whole country should adapt to you? Some english speaking guys don't want to make effort to adapt and I really think that they miss the most important & fun part of travelling/living abroad. You can raise money in english in France. No issue on that.

We have nice startup here and nice developpers. But you can also find nice thinghs in other EU countries. Business is everywhere...

Re: A Visa for founders, engineers and investors willing to join France

#208
post #69

Paris is great, grew up there. You just have to be comfortable with the fact that more than half of your money get taken by the government for taxes and social security.

I think it's more like 40%. But at least we have free schools, free universities (ok, sometimes 500EUR/year) and a decent public health service. I also grew up and lived in France for 20+ years and have lived in UK for 5+ years. It's true that I earn more in UK than in France but for example to compare public health systems, although both are free, NHS is really the worse and it does not seem it's going to get any be…

So what you are saying is that it is a great place if you are content with the government deciding how to spend a very large portion of your hard earned income?

Is there even an incentive to work? What are the unemployment benefits?

Re: A Visa for founders, engineers and investors willing to join France

#209
post #98
post #81

Earlier quoted context omitted.

There's actually quite a lot of competition within EU, and France is not too shameful in that competition. It's hard to compete with London which is undoubtedly the #1 tech hub in Europe, but aside from that, Paris is top notch. Also, you're begging the question.

I would still pick Berlin or Amsterdam over France. Maybe even Sweden or Finland because of the average English language level spoken in those countries even though the startup scene there is smaller than Paris.

Plus employee welfare in France is ridiculous, ultimately harmful to their economy..

Re: A Visa for founders, engineers and investors willing to join France

#210
post #69

Paris is great, grew up there. You just have to be comfortable with the fact that more than half of your money get taken by the government for taxes and social security.

I think it's more like 40%. But at least we have free schools, free universities (ok, sometimes 500EUR/year) and a decent public health service. I also grew up and lived in France for 20+ years and have lived in UK for 5+ years. It's true that I earn more in UK than in France but for example to compare public health systems, although both are free, NHS is really the worse and it does not seem it's going to get any be…

What have those non-free, taxation based, universities produced?

25 years of economic stagnation, low innovation, increasing marginalization of France as a consequential economy in the global order (they've been sinking down the list for 40 years), perpetual high unemployment, and a GDP per capita that has failed to keep up to such a dramatic degree that it needs to climb 70% to catch the US.

With results like those, the tax payers are clearly not getting a good return on their non-free education system.

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