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For Moroccan Founders: When Does the 30k Route Make Sense (and When is it a Bad Idea)?

Written by The Nounda Strategy Team | Dec 10, 2025 1:33:55 PM

If you run a successful digital agency in Casablanca or a consulting firm in Rabat, you likely hit the same glass ceiling as everyone else.

 

You have the talent. You have the quality. You might even have European clients. But you are constantly fighting two invisible enemies: Currency Controls and Trust.

Every time you try to pay a foreign SaaS tool, you worry about your dotation e-commerce. Every time you pitch a CAC40 company in Paris, they love your portfolio but hesitate to sign a contract governed by Moroccan law or wire funds to a non-SEPA bank account.

For many Moroccan founders, the solution seems to be "moving to France." But the typical advice you find online is either for students or for people trying to "buy" papers.

This guide is different. It is for established business owners who want to use the Talent Passport – Business Creator (the "30k route") to build a strategic dual structure: a French HQ for sales and credibility, supported by Moroccan operations for margin and speed.

The "30k Route" Defined for Service Businesses

Let’s be precise. We are not talking about the "French Tech Visa" (which requires an innovative startup project and an incubator). We are talking about the Passeport Talent : Créateur d’entreprise.

For a service business (marketing, dev shop, consulting, BPO), this is the most logical path.

The Core Requirements

To qualify, you are not asking for a favor; you are presenting a business case. You must verify three things:

  1. The Investment: You must invest at least €30,000 into your new French company. This is share capital, not a fee. It sits in your French corporate bank account and can be used for business expenses later.
  2. The Competence: You need a Master’s Degree (Bac+5) OR 5 years of professional experience in your field.
  3. The Viability: You must submit a business plan showing that the French entity will generate enough margin to pay you (the director) at least the French minimum wage (SMIC, approx. €21,621/year).

Crucial Distinction: Unlike the "Commerçant" card of the past, the Talent Passport gives you a 4-year renewable residency immediately, and it extends to your spouse and children. It is designed for stability.

The "Dual Structure" Model: How It Actually Works

The biggest mistake Moroccan founders make is thinking they must close their Moroccan company to open a French one. Do not do this.

The smartest model for an agency is the Front Office / Back Office structure.

1. The French SAS (The Front Office)

You create a French company (SAS). You are the President.

  • Role: It holds the French SIRET number. It signs contracts with European clients under French law. It holds the professional liability insurance (RC Pro) that European enterprises require.
  • Value: It invoices the client in Euros. The client feels safe because they are paying a local entity.

2. The Moroccan SARL (The Back Office)

Your existing Moroccan company remains fully active.

  • Role: It retains your production team, your developers, your designers, and your local office.
  • Value: It invoices the French SAS for "technical services" or "production costs."

Why this wins

You arbitrage the cost of labor. You sell at French market rates (e.g., €600/day for a senior dev) but your production costs remain in Dirhams. You effectively build a Euro-generating machine that feeds your Moroccan entity while keeping a legitimate profit margin in France to satisfy the visa requirements.

The "Bad Idea" Scenarios: When to Walk Away

Just because you can do this doesn't mean you should. We often advise founders to wait. Here is why.

❌ You have cash, but no revenue

If you have €30,000 in savings but your current business is making zero revenue, this route is dangerous. The French administration (DRIEETS) will review your business plan. If they see a "shell company" with no active client pipeline, they will reject the "real and serious" nature of the project.

  • Rule: Do not move until you have at least one or two solid clients who are ready to pay your new French entity.

❌ You want to be an "Employee in Disguise"

If you are actually a freelancer working for one French client who wants you to move, do not use this route. If 100% of your revenue comes from a single source, the French authorities (URSSAF) can reclassify you as a disguised employee (salarié déguisé). This puts your visa and your client at massive risk.

❌ You cannot justify the money transfer

This is the Moroccan reality check. You cannot simply walk to the airport with €30,000 in cash. That is illegal. You must transfer the capital through official banking channels via the Office des Changes. If your money is "informal" or you cannot prove its origin, you cannot set up the company legally.

The "Office des Changes" Reality: Doing It Legally

This is where amateur advice fails. How do you get the €30,000 (approx. 330,000 MAD) to France?

The Corporate Investment Route (Green Flag)

If your Moroccan company is profitable and has paid its taxes, you can use the investment allowance (dotation investissement).

  • Under current regulations (IGOC 2022/2024), Moroccan legal entities can transfer up to 200 million MAD per year for foreign investments that develop their activity.
  • Creating a French subsidiary to boost exports falls perfectly into this category.
  • Process: Your Moroccan bank handles the file. You provide the business plan and the draft statutes of the French entity.

The Personal Route (Orange Flag)

If you invest personally, you are limited by the regulations on personal foreign investment. While procedures have simplified, "exfiltrating" cash via "dotation touristique" to fund a company share capital is strictly forbidden and will block your company creation in France (the French bank will ask for proof of transfer legitimacy).

Our Advice: Always try to structure this as a corporate investment from your Moroccan SARL to the new French SAS if possible. It is cleaner, has higher limits, and justifies the "Dual Structure" narrative.

The SIRET Effect: Why It Changes Your Sales

Why go through this trouble? Because a French SIRET number (company ID) acts as a trust key.

When you pitch a European mid-market company as "Agency XYZ Maroc," you are often categorized as "offshore outsourcing"—which implies "cheap."

When you pitch as "Agency XYZ France" (with a Paris address and SIRET), you are a local partner.

  • Conversion: We see conversion rates on cold outreach double when the email footer lists a French address.
  • Payment Terms: French B2B clients often pay in 45-60 days. Factoring (selling your invoices to get cash instantly) is standard in France but impossible if you invoice from Morocco. With a French entity, you unlock cash flow tools.
  • VAT: It simplifies life for your clients. Intra-community VAT or domestic VAT is automatic in their accounting software. Import invoices from non-EU countries often trigger manual flags in enterprise accounting departments.

Quick Takeaways: The Viability Checklist

Green Flags (Go) Red Flags (Stop)
✅ You generate >150k MAD/month in Morocco ❌ You have <50k MAD savings total
✅ You already have 1-2 EU clients ❌ You have 0 clients, just an "idea"
✅ You can justify the origin of €30k ❌ You plan to use "informal" money
✅ You offer high-margin services (IT, Consulting) ❌ Low-margin trade (buying/selling goods)
✅ You hold a Master's degree ❌ No degree + <5 years experience

Professionalize Your Bridge

The "30k Route" is not an immigration hack. It is a massive upgrade to your business infrastructure. It turns your Moroccan agency from a "foreign vendor" into a "multinational SME."

It allows you to secure your family's future with a 4-year residency while earning Euros that stay in a stable currency. But it requires respecting the rules on both sides of the Mediterranean: the Office des Changes in Rabat and the DRIEETS in Paris.

If you have the revenue and the ambition, do not let administrative fear stop you. But do not start until you have a plan that satisfies both the banker and the consul.

Ready to check if your agency qualifies?

We have built a specific eligibility calculator for Moroccan founders that checks your revenue, capital, and "Office des Changes" compatibility.

FAQ

  1. Can I keep my CNSS and medical coverage in Morocco?

Yes, but you will likely also contribute to the French social security system if you pay yourself a salary in France. Many founders maintain their status in Morocco as a non-salaried manager to keep their local rights active, while building new rights in France. Note that there is a social security convention between France and Morocco that prevents total loss of contribution periods.

  1. How do I transfer the €30,000 capital?

You must go through your Moroccan bank. If investing as a company, you invoke the Investissement à l'étranger allowance (up to 200M MAD). You will need to provide the French company's draft statutes and a certificate of reservation of the company name. The bank validates the transfer directly with the Office des Changes system.

  1. Will I be taxed twice?

No. France and Morocco have a tax treaty to prevent double taxation. Your French company pays Corporate Tax (IS) in France on its profit. Your Moroccan company pays IS in Morocco. If you send dividends from France to Morocco, there is a withholding tax, but it generates a tax credit in Morocco. You need a chartered accountant (Expert-Comptable) who understands cross-border conventions.

  1. Do I need to rent a physical office in Paris?

For the visa, you need a domiciliation (legal address) at minimum. However, the authorities prefer to see a real workspace (coworking contract) rather than just a mailbox, as it proves the "reality" of the business. You do not need a strict "3-6-9" commercial lease immediately; a flexible coworking contract is standard and accepted.

  1. Can my family come with me immediately?

Yes. The "Talent Passport – Business Creator" allows for the "Famille accompagnante" procedure. Your spouse and minor children get visas at the same time or shortly after you, and your spouse receives a residence permit allowing them to work in France immediately.

Tag Your Business Partner

Do you know a founder in Casa or Rabat who is still struggling to invoice EU clients?

 

Tag them or share this guide. The bridge is open, you just need the right blueprint.

References

  • [1] Talent « Créateur d’entreprise » Eligibility, Welcome to France.
  • [2] Investment Allowances 2024, Office des Changes (Maroc).
  • [3] Convention Fiscale France-Maroc, Impots.gouv.fr.
  • [4] Supporting Documents for Talent Passport, France-Visas.