2021 Financial Requirements for Temporary and Permanent Residency in Mexico

Each year, Mexico increases the financial requirements to obtain either temporary or permanent residency. We have outlined the most commonly asked about residency types and this year’s financial requirements. How is the requirement calculated? There are two different ways that Mexican Consulates and Mexican Immigration offices may determine the financial requirements for residency. Note: Each consulate and office are different. Before you schedule your appointment with your local Mexican Consulate, you should always check the requirements on their website. ✓ Based on the Mexican daily minimum wage ($141.70MXN). OR ✓ Based on the daily UMA (Unidad de Medida y Actualización) rate ($89.62MXN). UMA...