The growth of the tech ecosystem in France over the past five years has been faster than the rest of Europe. There’s been an enormous amount of activity in the whole tech ecosystem in recent months, with a big government push to promote France, the creation of some new digital incubators in Paris, and an increase in tech companies raising money. Foreign companies such as Japanese giant Rakuten and Facebook have opened artificial intelligence research facilities in Paris, while Apple plans to open a computer vision lab in Grenoble. After London, Paris is Europe’s second talent hub for AI, virtual and augmented reality, and hardware technology.
If you are planning a longer stay in France (more than 90 days), you need to apply for a long-term visa. The long term visas are handled by the Embassy of France in Kyiv. Applications for Long-Term visas have to be submitted directly to the Embassy (upon prior scheduled appointment) for all working days, 10:00 – 12:30). The Visa Application Center does not serve customers on long-term visa issues.
Important: For work in France French Employer has to contact French office of immigration and integration (OFII) Head office on entrepreneurship, competition, consumption, work and employment (DIRECCTE) and do needful actions to receive the work permit.
An individual resident in France (whether a French or foreign individual) is subject to French income tax on his/her worldwide income. An individual who is not resident in France is taxed only on his/her French-source income and on capital gains derived from the disposal of certain French assets. Personal income tax rates in France are progressive, ranging from 14% to 45% (plus special social security surcharges for French residents, amounting to a maximum of 15.5%). The rates apply as follows:
- 14% on the portion of income between € 9,700 and € 26,791;
- 30% on the portion of income between € 26,791 and € 71,826;
- 41% on the portion of income between € 71,826 and € 152,108;
- 45% on the portion exceeding €152,108.
Cost of living
The cost of living in Paris is high, but still, you could find a beautiful place in suburb areas and save your money.
You can expect to pay about €1151 for monthly rent for a 45 m2 (480 Sqft) furnished studio in the common area of Paris, France. With €96 for utilities for one month (heating, electricity, gas) for one person in 45 m2 (480 Sqft) studio.
Monthly ticket public transport will cost you €70, or €1.25 for 1 liter of gas if you drive.
Basic dinner out for two in neighborhood pub will cost you around €39; 2 tickets to the movies about €21; 1 beer in neighborhood pub (500ml or 1pt. – €7);
Primary lunchtime menu (including a drink) in the business district – €15.
France scored 213 points of cost of living index, comparing to 272 points in San Francisco, USA and 67 points in Kiev, Ukraine. (According to Internet research expatistan.com).