Key Points
- France increased the hourly minimum wage by 2.22% on 1 May 2023
Overview
The government of France increased the country’s statutory minimum wage by 2.22% on 1 May 2023. The minimum hourly gross wage is now at €11.52, representing a monthly wage of €1,747.20 on a weekly basis of 35 hours.
According to the government announcement, these changes will impact the minimum salary requirements of holders of Talent passport status and multi-year resident permits. These new thresholds will be set to:
- Talent Passport for qualified employees or employees of innovative companies: €41,933 annual gross salary.
- Talent Passport for employees on assignment and intra-company transfers: €37,739.59 annual gross salary.
- Talent Passport for managerial positions: €62,899.20 annual gross salary.
What are the Changes?
The government of France increased the country’s hourly minimum wage to €11.52 on 1 May 2023. According to the government announcement, the effort to increase the minimum wage is a result of re-evaluation of the minimum salary requirements of the Talent passport status for certain employees and for certain general multi-year resident permits.
Looking Ahead
Continue to check the government of France’s website and Envoy’s website for the latest updates and information.
Content in this publication is for informational purposes only and not intended as legal advice, nor should it be relied on as such. For additional information on the issues discussed, consult an attorney at one of the two U.S. Law Firms working with the Envoy Platform or another qualified professional. On non-U.S. immigration issues, consult an Envoy global immigration service provider or another qualified representative.
