BIENVENUE – WE NEED INTERNATIONAL TALENT
In May, amid continued global alert on the pandemic, Campus France launched an international campaign with the video addressed to international students stating “Choose France, you are welcome in France.” The campaign acknowledges the crucial contribution of international students on research and innovation, especially during such a crisis. It was therefore not surprising either, that France was the first country in Europe to re-open their borders to international students. Whatever their country of origin, they are given the assurance that their visa and residence permit requests will be given priority. They also didn’t forget their national students either, as higher education institutions have made additional seats available due to the significant increase in graduated high school students. The proactive and collaborative response to the crisis seems to have triggered positive attention. According to Studyportals, France recovered the best as the destination in EU for the potential students and as of July 2020, the search result for France even marked 14% higher compared to the same time in 2019. Investment scale and volume are surging as well. Investment in French student housing more than tripled last year to reach €1.1 billion. On top of that, new living concepts are emerging to meet the needs of young mobile talent. Paris is becoming a key target for the international investors’ European growth strategies, seeing large portfolio deals and joint ventures in the coliving and flexible rental housing markets.
France has been one of the most popular destinations for international students due to the high quality of education, the low tuition fees (public universities), and the romantic French lifestyle. It’s evident that they are determined to safeguard its position as a talent hub with Paris alone being home to 18 universities, nearly 60 business schools, and around 625,000 students. The city also emphasizes its role as a research and innovation hub driving the country’s economic growth. In October 2020, we will welcome the key players working together to turn crisis into opportunities, touching upon both short term results and long term strategies.