Mexico Residency Requirements: 2024 Update
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- Опубликовано: 21 авг 2024
- The financial requirements for residency in Mexico might well surprise you… For temporary residency you’ll need to prove $4,400 a month or $73,000 in savings… Permanent residency is even higher: $7,300 a month or $293,000 in savings. But they’re not your only options if you want to settle in Mexico. Our Senior Latin American Lee Harrison talks you through your options for expat life in Mexico in this video.
#mexicoresidencyrequirements #retireinmexico #movetomexico #expatsinmexico #mexicoresidency #mexicoexpats #liveinmexico
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The Regularization Program is still available in 2024. No financial requirements and you do it while in Mexico. Plus you get a 4 year Residente Temporal. I did this in April, 2024 at the immigration office in Mazatlan. My tourist visa expired on April 2nd. I had my 4 year Residente Temporal on April 3rd.
That’s the way of doing it it
@GregGoulding I am hoping to do the same. My tourist visa ends in the beginning of October. Congrats on receiving your temp residency.
Was Mazatlan office easier that others ? How long did you have wait to apply regularization program ?
@@CDm-rf9fp The Mazatlan Office was excellent. I went 2 weeks prior to my tourist visa expiring to make sure I would be eligible for Regularization. They took my passport and returned in about 10 minutes with the proper paperwork to be filled out. Told me to have it all filled out PROPERLY and come back the day after my tourist visa expired. I waited a few days then took the paperwork to Holga (she is a legend in Mazatlan) she filled everything out made the proper copies and sent me on my way. On the day after my tourist visa expired I was 3rd in line at immigration. Signed in got called up in about 45 minutes was processed fingerprints taken photos taken and paid the fees out the door with my card in about 3 hours. Holga is located about a block from the immigration office and speaks excellent English.
Did you get tourist visa at mazatlan as well or did you go elsewhere i am planning to go to Mexico by car but I guess I would get my tourist visa upon entry or could I go to mazatlan as well ?
You can no longer renew the 180 day per year visa as the computers follow your days now. I was not allowed back in crossing at Laredo due to exceeded my 180 days per year rule.
*Also, we hired a consultant while in Mexico to help us with immigration paperwork. She told us that every situation varies from the next and no two situations are the same, it can even vary one week from the next, or who handles your approval process. 🤷🏼♀️ Welcome to Mexico!
Thank you for the informative video. One thing I would note is the 180 day tourist entrance was standard procedure. However, I personally noted that often times I was only provided 30 or 60 days upon entry. I had also heard of others only getting 7 days if they were suspected of abusing the tourist visa rules. I went ahead and applied for temporary residency and it has relieved my stress levels upon entry. Maybe Mexican government has standardized the 180 entrance allowance but you never know when things can change.
Max is 180 days, and it used to be automatic 180 days, no questions asked. But with so many people are coming in and staying long-term at 6 month interval, it's not working out for them. With a residency card, you will eventually have to pay Mexican taxes. So now it can be 180 days or it can be 3 days.
@anyone150 when does requirement to pay mexican taxes begin? Is that for permanent residents only or temporary residents as well?
The 180 days had been STOPPED some time ago - the length of stay is at the discretion of the official at the airport
...it is up to the official, that's true Paul but in nearly 100% of the cases, unless there is an issue, red flag or concern, you will get 180 days.
One thing you must NEVER say if an official asks: "what is the nature of your visit to Mexico"..if asked.. if you have a home rented or purchsed and awaiting your arrival...especially if you are a multiple time visitor " I have come to stay at my HOME in Mexico'.. or something like that... YOUR home is NOT in Mexico... it is Canada or the USA.. or wherever....
If you say that... you could very well get deported on the next plane out. Happened to a friend of mine who owned a large estate here...but lived on visitors visas.. he was the so-called permanent tourist.
A 180 day tourist entry is not guaranteed and Mexican customs agents do object to people with a pattern of frequent re-entering. You can always try again at a different point of entry (to avoid having to deal with the same customs agent again) because the nature of these objections seems to come down to individual preferences of these agents.
Mexico is still the best country in Latin America and one of the best in the world to move to.
Spain is better and less expensive. Living in Europe is better than Latin America.
Not if you don't
Have the income to
Qualify ?
The Mexican Consulate
Near me
Wants $4,400 USD
Monthly income .
I am retired
On a fixed income .
I can't Qualify for that .
The Income Qualification
Should not be that
Much .
Most places to live
In Mexico
Is Inexpensive .
How many
Mexican Residents
Earn over
$4,400 USD
Month ?
@@awakeaware9708 if you talk to people who know about retirement in Mexico they can help you, there are different ways of doing it.
Also with $1000 dollars you can live in the non touristy areas in Mexico.
My understanding is if you've been to Mexico before 2022(?) , that there is a path to start temporary residency from within Mexico and without meeting financial requirements?
Is this true?
If it is true, what information would be required to prove you were there? My husband and I relinquished our expired passports.
I have recently read this also, guess I'll do a deep dive. I walk over now to shop , no one stamps my passport.
Not 2022. It's 2020 or before. Meant for those stranded during covid. You must have proof of entry with a stamp on your passport prior to 2020 and then overstay your FMM.
It is the "regularization program." Look it up. It will cost for all 4 years of temo residency, plus fees. There is no guarantee how much longer they will continue this program. It could end at any time.
Yes, I have been learning: You drive or fly in on a tourist/visa, let it expire and apply for temp res. at Mex. Immigration 'without proof of income'. Hiring an "experienced facilitator or Attorney" is recommended. ( not cheap ) It is called "Regularization." You must remain in Mexico until the visa expires, and then apply. Be careful if you hire help. Some cities are preferred for ease... I think it's $1,000 fee to Immigration to apply for res. This was about a month ago.
Mexico is consistently inconsistent. The honest answer for most people is to simply start the process and see what shakes out for you. There is no loss in doing your investigation for your circumstances. I will say, don't try to come in too low under the wire. You are aware there are minimums so don't try to immigrate with the plan of selling bracelets on the beach. This video, and others like it, are for the "common" person. You may be unique and that may be perfectly fine with the consulate you deal with. I will add, don't think that importing personal goods tax free is a benefit to residency. You'll pay at the consulate and then you'll get hit up again at the border. Leave your crap in the US and buy in Mexico. It isn't worth the hassle of trying to import.
This was a very detailed and easy to understand explanation. Thank you.
We live between Portland and Seattle. We tried to get a Mex consulate appt with the Portland office bc their savings requirement was a lot less than Seattle. Portland office said they would not see us bc we weren't in their zone. Instead we had to wait for an appt in Seattle which had much higher savings threshold and wait times. In fact, we ended up getting approved for temporary residency instead of permanent bc they raised their savings threshold (without informing us!) during our appt wait time. It took us almost 1 yr from applying to final appt. I was told the consulates are swamped with applications due to high demand.
go to the phoenix one
They lied to you about not seeing you because you weren't in their "zone". There are no required zones. You're allowed to go to whatever darn office you want to, anywhere in the U.S.
@@alendryaldimera Not true. They denied us an appt. at their office.
The consulate in McAllen is still lenient regarding the financial requirements, but they are doing this for Texas residents ONLY and not taking in appointments for those coming from out of state.
I'm a permanent resident of Mexico and my residency card is not green at all.
Him I disagree with the Phoenix part of your conversation. I’m currently waiting for my appointment for temporary and the monthly fee for me is a bit over $4300k per month in coming to my bank account
Phoenix rates just increased. $4321 income $72000 savings 🙄
Well, was going to go there. I am in N M
I'm a resident in Mexico already I was born there....
It’s challenging enough now that they’ve increased the income requirements, I’ve been trying to get in touch with the San Francisco Mexican consulate for three months with no success
It’s ridiculous
Huge bit of misinformation in saying that you automatically get 180 days on a tourist visa. No, it's not automatic. More and more people are running into that. In many cases, you have to show your hotel bookings and your flight plans, and you may well just get 2 weeks.
The simple fact is that the tourist visa is for tourism, and the residency permit is for residency. If you come in on a tourist permit and you actually come to establish residency, you're lying to the immigration authorities. They will have a computer record of all your comings and goings, and they have every right to refuse you or even kick you out if your pattern of behavior shows that you're abusing the tourist permit.
Beyond that, it's jarring to hear him say that he doesn't know of other countries which allow residency through savings. He shouldn't even be trying to speak on that topic. LOTS of countries offer residency based on wealth and assets, including through investment programs. I stopped watching after that part.
Correct
Yea, this guy doesn't have a clue what he's talking about. Hardly anything he said is correct when it comes to how the entry system works in Mexcio these days.
They know people are staying 6 months at a time with a tourist visa (FMM) indefinitely, and they are ending that by enforcing their immigration laws more closely. It used to be 180 days, no questions asked. With all the political, social, and economic problems going on in the U.S. and Canada, there could be more people bailing than we think there is. People are already bailing from California to Texas en-masse, and that can shift out of the country instead.
This guy doesn’t know what he is talking about. I own a tour company and over the last 14 months a huge amount of our clients who booked Mexico were given 14 days entry visa.
Many of our US and Canadian clients have had to prove where they were staying , show paid hotel bookings and onward flight details. And recently I have had well over 50 USA clients been given 4 days only on their visa. Regardless of the fact that they had booked and paid a 2 week vacation. Mexico is way too unpredictable now and we just stopped booking tours for there. We now are putting a disclaimer on the visa antics .
Recently had a snowbird friend that owns property in Mexico and was coming down for the winter and was told 5 days visa is all you get .
@@steverichards7766 maybe I can lease their snowbird property for the winter?
very insightful
Great Video......Just wanted to add, I was fortunate to qualify for Permanent Residency from the get go two plus years ago and yes both the Temporary and Permanent Cards were green. They changed that about a year or so ago, and they are now both like a dual tan and gray colored card no longer green.
Retirement to Mexico is suddenly not an option for most Americans. The cost of living has skyrocketed.
It's still an option, if you can't afford Mexico, America is definitely not an option 😳
Mexico is a big country with varied cost of living areas
@@toddmaek5436 True. The desirable areas have skyrocketed.
Great information. Thank you both 📝📊📌
What about Cdns requirements? No talk of us.
If I qualify for the Perm Residency, can I go ahead and get the PR now (making short trips to Mexico per year) until I retire in 3 years? Basically i would not be spending a lot of time in Mexico until I retire but then living there full time.
Yes
They want you to declare that you are there more than 6 months.
6 months of the year.
We are permanent residents of Mexico. We are NOT required to visit Mexico every year to maintain the permanent resident status. If we someday acquire citizenship by naturalization, we will be required to visit Mexico only once every five years, or else (theoretically) risk being denaturalized.
beachfront in Maz for 200k? that would be difficult to find. good info in this video, thanks.
... a $200-$500K beachfront property is great, especially when a 30' tsunami arrives after that big plate subduction quake happens in this tectonically active region of ours....then again... I have a bridge for sale.
Last few times they were not automatically.. giving 180 days . Question any knowledge of Canadians immigrating as our dollar is so low. 4400 USA..is approx 6500 cdn..any experience?
Check out the website of the Mexican Consulate nearest you in Canada. The thresholds (in CAD) are listed under "Visa".
...you CAN ask for anything up to 180 days... Just ask... "Senor.. por favor 180 dias?"... then a "gracias"
Easy? The income requirement and the savings requirement automatically make it the hardest👎
Wonder what the fees are in San Antonio?
It’s simple to just google. San Antonio is just about the same as phoenix Az (I don’t know what he’s talking about it is not cheaper in Phoenix, I have appointment Friday and the minimum monthly incoming salary is $4362 for last 6 months)
San Antonio was the same amount
I just tried to apply for a temporary visa residency and I was turned down.
The consulate person told me I had to maintain $73,000 for 12- months consecutively.
I don’t have that, but
I have a monthly income of $10,000
He basically hung up on me???
Your income can’t come from your job, it comes from savings or investment or pension or Social Security. If you are in person working, obviously you won’t do that in Mexico.
How about the Seattle or Boise consulates? What are the thresholds for them?
So are these $73k temp or $293k perm minimums PER SPOUSE or PER MARRIED COUPLE?
Per person.
My wife has been a stay-at-home homemaker for most of her life. So, her Social Security when the time comes will be less than $1400 a month. Hopefully when the time comes, we would have sold our home and have some savings. Is it safe to assume since our accounts are in both our names that the Savings threshold would be met? Do you still have to have a monthly income threshold to meet?
I don't think so; I've often heard it said that the quoted minimums are for the primary, and that a family member adds some percentage more to the primary..my understanding from seeing a lot of these vids..keep digging, I think it's generally all pretty clear
By selling your home, you should have the required assets. That's all you need. However, these assets (over $70k) must be in your bank account(s) for over one year.
It's one of the other, not both. You either have to prove six consecutive months of income or prove that you have the stated savings in your bank account for a minimum of a year, if I'm not mistaken. Good luck to you guys
Will you please explain the bank thing? How do I access my U.S. account while residing in Mexico? Do I need to open an account there? Like if I decided to stay there for 6 mos. mol, for regularization, I would need to pay rent, and pay bills, etc. I've contacted an attorney there, but he is quite expensive to hire... I'm retired and seriously exploring this option, I live in Florida. I understand I must drive or fly in, as a tourist and then renew/apply for residency at a local immigration office. Thank you.
... yes, you can open an account on an tourist visa.. Intercam is the bank you should choose, although permanent resident I have an account there..need proof of current (Mexican) residency, a decent credit rating... yes they will check... ID and a valid FMM or stamp in your passport...
Moving money to Mexico... check out the WISE money transfer services... excellent.. and it's real easy.. just a few clicks of the mouse and within seconds your money is transferred from your account in Canada or the USA to your Intercam account in Mexico. I use Canadian e-Transfer, a service which interfaces with WISE...and they give you the interbank rate..NOT the bank rate. NEVER unless you are a 2 or 3 week tourist, use an ATM...their fees are quite high.
What if you don't have 73,000? that's a lot of money!!! What if you have Social security but you don't make enough to qualify on that alone but you do have an second income that equates to the 4,400 amount? Hopefully i'm explaing it properly
They will look at your income tax return to see if you have reported income that amounts to the minimum requirement or more.
The best thing is to get the 180 days Visa stay after your visa has expired and then apply , make sure you save the he visa fmm card to prove you entered legally
@@wheretoretire3315 Bank statements and a letter from a bank official works well...that's what I did... Income tax info or return was not required.
My retirement in the US isn’t enough to live on here and now it’s not enough for Mexico either😢
Hello is it the same for Europeans? And also what if you have a lot more in savings but don’t qualify for the full amount on income per month and what do you have to prove as far as income? If you work online? Let me know is there attorneys that you guys can recommend 18:34 18:39 18:43
I believe it is income OR savings
@@AngelAPAVLOVSCornDogthat's true at most of the US consulates but not all
If u had that much money, why the heck would u move to mex???
Because the quality of life is generally better. Also more bang for the buck$.
73K ? A lot of money, at retirement?
I visited Mexico in December last year, I had been there a few times before. They gave me only 15 days on arrival. Oh, and the Police robbed me in Mexico city !
Mordida (the little bite) is part of life here...for traffic violations, 500 pesos usually works well😳...show em a little love.
@@mortimersnerd801 jajaja si entiendo
Hell, Portugal requires something like $800 per month income !
Tell me Mexico is 3x better than Portugal ?
The RNE program is the way around this
Yes, Mexico and Colombia is much better and bigger than Portugal .
Yes, for us Mexico is FAR better than Portugal for our budgetary needs and our preferences. We can take a reasonably short, cheap bus or car ride back to visit family and friends (as well as a doctor and dentist whom we still see periodically) in California. By contrast, a trip from Portugal back to the USA would require us to pay eight airfares for us and our children….. Also, the general IVA (value-added tax) is an absurd TWENTY-THREE PERCENT in Portugal, whereas in the State of Baja CA (and all other states bordering the USA), the general IVA rate is merely EIGHT percent. It should be easy to understand that taking our family out to eat - or buy clothes - is more affordable in a Mexican border state offering FIFTEEN PERCENT LOWER sales tax than Portugal…. Also, Mexico is so much bigger and more topographically, climatically and culturally varied than Portugal….
@@user-uq4qe2om5y Agreed 👍
so informative ! Thank you!
Very helpful! Thank you!
I think over $4k monthly income is hard to come by these days. Because all you will really have that's considered "income" is your Social Security, and most SS payments are not that high (I'm not sure if they count interest your making on investments, money markets etc as income). My husband and I got ours Temp Residency last July, he qualified with his SS ($3,000 a month) and I'm not retired yet so I qualified with my 401k savings. We fly back in this July to renew for 3 years...cannot wait to be moving there permanently, just waiting for our house in Florida to sell 💃🌺🇲🇽🌴🍹🍍⛱️
dummie....rent..not sell
We've built 18 homes and sold each one after 2 years beating the capital gains taxes...no way am I renting a home in the US when I'm living in Mexico, I don't need the headaches of Renters, I want to enjoy my retirement. I'll stick to investing (😂dummie) lol!
@@KatKatz11 Most Americans who move to Mexico end up moving back within 5 years. You'll likely do so too. Some people have to learn the hard way.
Maybe move another part of MX, but not back to US. We think things through...I dint fly by the seat of my pants with no plan like most 😂
@@KatKatz11 Things change. Living in Mexico isn't without downside. I live in Queretaro and married to a Mexican wife. I would not live in Mexico otherwise.
Is the 293k in savings path available to persons under 50 years old ( non retired) ? On MX government website i read that its 64 years old + only. And can this account be in the name of a wholly owned by me company, or must it be in my name?
You have to tell them you are retired and its at their discretion
So you don't.need pre paid health insirance?
No
No, not everyone except asylees must go through consulate. Where is this guy getting his information from? Too many wrong statements.
japan does not require yyou to stay a minimum amuont of time on a residency permit
Why is he saying "fees" when hes talking assets and income ???
This guy likes to talk well before he gets to the point. :)
Where will poor gringos go
What about healthcare for seniors if you are a temporary resident, can you get it free?
Healthcare in Mexico is not free to temporary or permanent residents. What made you think it was free?
@@lisawoods588 It's pretty basic but health care from the government "Salude" or clinic is free... a doctors visit is not expensive.. $500 to $800 pesos or US $30-$50 or so...and they will give you more than 5 minutes of their time..often up to half an hour or more.. remember too most prescriptions are OTC.. the exceptions are strong opiate based meds (tramadol is OTC) or antibiotics.. and even they are not hard to get.. so if you know what you need... just go get it at the farmacia
I am coming from Europe and will use French consulate. You have no information about that.
It definitely was intentional, Mexico is very business first minded. They want cash liquid people to arrive and buy into apartments/homes. Especially within their major cities. These income thresholds only US citizens/ Canadians can get them, Europeans don't get salaries like that.
I’m not sure what we’re discussing. Basing the income requirements for residency on minimum wage was intentional, obviously. Suggesting that AMLO raised minimum wage primarily to increase income requirements for residency status sure seems far fetched. One: raising the minimum has been a defining factor in Morena’s popularity and subsequent recent landslide victory. From talking to the people I know, abañiles, taxi drivers, etc, that, and the increase and universality of old age pension, seem hugely popular amongst poor and middle class Mexicans. A simple recalibration of income requirement for residency would have addressed that equally as well without such fundamental changes in the economy and social structure of Mexican economy and society. I think it was an unintended consequence, which may be addressed, as discussed in the video. As far as raising the requirements so drastically…pretty sure the Remax agents in Cabo or Merida prefer a more liberal policy. And the Mexican banks and local businesses. Remember, our $2,000 a month is better then a typical Mexican doctor’s salary and we’re not competing for jobs, just bringing our money and spreading it around. I’d like to get residency and may do so, but, for me, it’s a lot of trámite para nada. So easy just to head north to visit once a year and receive a fresh 180 days when I cross back into Mexico. The southern border crossing, south of Tapachula, will process all the passports you bring with you for a small fee. You don’t even have to leave the country, your friends can stay in DF or Cancun. Remember, it’s Mexico, laws are just suggestions and there’s ways to make things work out, take it easy man, “tranquilo hombre.”
The minimum wage in Mexico went up 140% AND the inflation rate in the USA is 21% and counting for the last 3 years. The failing economy of the USA is the driver.
I do think Mexico doesn't want poor pensioners anymore..they don't need them
Agree, especially its big neighbor doesn't want their workers to enter and do most of the work their "patriotic citizens" won't do. Keep the qualifiers as they are.
If that was true they wouldn't let you qualify just by showing you got paid the qualifications required for just six months and not showing that amount would be a consistent income. The way it's set up you could pay yourself the required amount for six months out of your savings without needing to show any other income after that or before. They would also cancel the Rergularization Program that allows your residency visa without showing any income requirements.
Will Mexico build a wall to keep out those poor pensioners?
@@sy2ydbut wait! Liberals want their slaves to raise their children and keep their plantations so supply/demand right?! Illegals have no rights so you don’t pay them enough and over with them etc
You never told the amount of money $$ anwer the question
I would love to know about owning real estate near the coastline?
Non-citizens cannot own coastal or border land directly. You must own through a bank trust; I think it’s called a fideicomiso, and it can cost you over $1,000 per year extra. This is one of the reasons why we plan on upgrading from permanent residence to citizenship.
@@user-uq4qe2om5y ...it's usually $450- $500 a year.. not $1000... and temporary or permanent residency will NOT get you out of that fee... only by becoming a naturalized citizen will work
Adult children - NOT eligible. Must qualify separately.
kindly guide me how to do the process plz
Why taling so long to answer an easy question : HOW MUCH?
The current president of Mexico is on his way out Nov 2024 so things might change with this new Female President .Also do these Residency Requirements apply to Baja California Mexico .I've known in the past that some of these laws rules etc that apply to main land Mexico don't really apply to Baja Mexico.
The only difference with Baja is no TIP on car importation. Nothing about immigration is different.
We acquired permanent residence in Baja CA. Everything was super-fast and by the book. We have a large family; we applied for eight people over the course of two years, and the local INM emlace (branch) never required more than the law as stated on the Mexican government website.
...yeah and with any luck, the USA might soon have a female president too..
hello😉I'm a filipino from the Philippines 🇵🇭. if I buy a property in Mexico worth $500,000 can I instantly qualify combining opening a bank account in Mexico worth $300,000 for permanent resident?
You're better off showing cash. Hire an attorney.
I would hire an advocate... you don't really need a licensed attorney... immigration here is not complicated, I might add less so than the Philippines. You can actually open a bank account with a visitors visa/permit.. the FMM or valid stamp in your passport. Intercam be the bank...come for a visit, you really need to... fly PAL, MNL to LAX then to PVR or GDL on Volaris to Mexico...if possible DO NOT flash too much cash here..keep a low profile and do not look overly wealthy... I live here in Mexico... I know.
Some of the facilitators charge more than some of the attorneys.
That's ridiculous rules, But Mexicans are able to come over for free?
So I'm planning on going to Mexico to live just renting probably buying a home out there, don't know if that counts..
But that's my reason..Now I do know we are granted 180 days to be there, but can we apply for temporary residency telling them I have resident there..
Hire an attorney
Disappointing this is directed only to Americans. Canada is a major source as well. We are super sensitive about that.
😮😂🎉🎉 0:47 0:00 😢😮
Does "based in Europe" mean you live in Europe? I thought so.
Don’t bother with main land Mexico. Baja is a free zone. It is the best place to go. Don’t buy property there. Unless you are a national you can’t own property within 60 miles of the coast ..
Is the "income" stated ( $4,400 ) per month OR for a 6 month period? There is conflicting information.
Per month, incoming monthly income. money. Not sure why he said Phoenix is cheaper. I have appointment next Friday and I have to show $4300k incoming money for last 6 months. Not 2k
@@jamieritchie1789 You mean $4300.00 Right? Thank you! I am currently planning/researching the Regularization Program instead, but one source confused me with the way they worded it. Good luck and God bless you.
@@jamieritchie1789 Phoenix recently changed rates, couple of weeks ago their website quoted old requirements. So unless he had checked just before shooting this video, he would not have known about the recent change.
Isn't it ironic? Dontcha think?
I didn’t hear whether there is a requirement for FBI background check.
No
NO. México, Colombia and a couple of other countries do not require backgrounds. However, with the way things are in the world right now being so crazy. I wouldn’t be surprised if they started it someday.
NO... but yes they do a basic "are you on the kid diddlers or sex crimes registry list" search..getting busted for pot posession 40 years ago in your college years does not count.. as unfortunately, it does in the States.
Surprised about your whole tap dance banter about covid restrictions in Mexico, because they had zero.
RNE
The description says 73,000 a month for perm residency?
It says 7300
It says $73,000 a year for temporary residency. You have to prove it’s been in your bank account for at least one year. Or you must show this amount in an investment account such as a Roth IRA. Once you’re a temporary resident, you never have to prove financial solvency again.
@@loverofsong9830 they edited that to correct it
@@jimlevell3800 I’m confused. Are you saying they changed it to $7300.00 a year?
@@loverofsong9830 they edited the description to the video. 7300/month
do you a video on giving birth to Mexico for the purpose of citizenship by birth in Mexico?
Again someone who doesn’t know 100% what they’re talking about. The Mexican consulates DO NOT go by the Mexican daily minimum wage standards. They go by economic solvency. Especially for those who are retired and live in Mexico.
They also cracked down on automatically giving 180 days for tourists.
The economic solvency requirements are based on the minimum wage....When the minimum wage goes up, so do the economic solvency requirements. Pretty simple.
@@d.f.6662
No they didn't, it depends on the destination you are going to in Mexico not to mention you can open your mouth at the Airport and ask for your 180 days...🍀
@@avalonmist254 It doesn't mean they will give you the full 180 days. There are several videos of this topic on RUclips.
@@d.f.6662
I currently have lived in Mexico for 2 years.and I am retired...I don't meet most requirements to be a resident ...there are Multiple videos on Visa runs as well as the RNE Visa ... Which I will get , if the program is available, when I meet the requirements....🍀
Pushing the idea to be Permanent Tourist instead of getting your Mexican Residency should never be allowed on your channel. Tourists Vista is for Tourist and for people not living here for most months out of the year.
That's the problem with a lot of people like him, advising people to skirt the law if they can.
It's legal and you're not "skirting the law" by doing it. There are thousands of people who go to Mexico to live for six months out of the year to avoid the winters where they live and have homes. Canadians are famous to start showing up in October and November and completely disappear by April. I have friends that have lived permanently in Mexico for over ten years by making "border runs" at least every six months. During the pandemic sometimes the border agents wouldn't automatically give you 180 days in your tourist permit (FMM) but it was a rarity.... If they ask you how long you are staying and you tell them "Three weeks" they will write and stamp 21 days on your FMM. Same thing if you tell them you want to travel around for six months, they will write 180 days and stamp your FMM. BTW- After surfing and remote beach camping in Mexico since the early eighties, I got my residente visa years ago because I didn't want to have to do border runs or stop at customs and fill out an FMM everytime I came down. Never once in over 35 years did I not get 180 days stamped in my FMM. I live here now and still surf when it gets good.
It's not illegal. You forfeit certain benefits, which were mentioned. Honestly, I wish everyone did this. Too many people "invest" in Mexico before they know if they can actually tolerate living there. Maybe two years of tourist visas will save them from making the mistake of having to move in three years, which is about the average time people start bailing out.
I just tried to apply for a temporary visa residency and I was turned down.
The consulate person told me I had to maintain $73,000 for 12- months consecutively.
I don’t have that, but
I have a monthly income of $10,000
He basically hung up on me???
It was my understanding that the savings/investments balance had to be stable for 12mos and the monthly requirement for 6mos. It's usually and either or situation but some consulates requirement both balances for the prescribed amounts of time.
...if you have an after tax income of $10 grand a month and can prove it for the required months... your good to go.