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Financial Requirements Increase for Residency Visa in Mexico

If you intend to stay in Mexico for more than 180 days, you will want to apply for a residency visa. One way to qualify for a residency visa is through economic solvency.  The new year brings an increase in the daily minimum wage, and with that increase comes new financial requirements for residential visas in Mexico.  The minimum wage will increase to 123.22 pesos a day. Since the visa requirements are based on the minimum wage, this means the criteria for resident visas will also increase. Please check with the Mexican Consulates in your home town area to compare the financial requirements...

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Temporary Residency in Mexico – What is Your Expiration Date?

The first Temporary Resident Visa is typically granted for one year; once your first visa is up for renewal, you may renew for 1,2, or 3 years. At the end of the 3rd year, you will apply for permanent residence, which does not expire.  As a temporary resident holder, it is imperative to be aware of your expiry date. Allowing a resident visa to expire will void your status in Mexico, and you will need to initiate the process from scratch at a Mexican Consulate abroad. When can I begin the renewal process of my temporary visa? Within 30 days before the visa’s...

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Mistakes That Will Cost You Your Residency in Mexico

We receive many inquiries from foreigners who have accidentally canceled their residency visas because they are unaware or did not follow the proper procedure when leaving and entering Mexico. These mistakes will result in having to initiate the residency process again and possibly explaining to INM why you attempted to mislead them.   It is essential to understand the procedure for entering and exiting Mexico when you are in the middle of a residency procedure. As well, you must follow the proper steps if you hold a residency visa.  If you must leave Mexico before your residency process is complete, you need to...

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Retiring in Mexico – Maintain Your Health by Volunteering

Moving to Mexico means a lower cost of living and the opportunity to retire sooner, and if you retire early, you probably are not ready for a rocking chair. There are plenty of activities to fill your days in Mexico, but if you are looking to give back and meet amazing people, volunteering may be what you are looking for. Whether you bring experience from your previous employment or you are interested in learning new skills, your time is valuable, and there are many opportunities for mature adults to make a difference in the community.  Single retirees that relocate will meet like-minded...

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Relocating to Mexico – Tourist Destination or Residential Area?

When traveling in Mexico, most foreigners visit and fall all in love with the tourist side of town, but if you are relocating to Mexico would you choose to live in the tourist area or a residential area? As a new resident in Mexico you may want to live in a tourist town, get out an about, meet new people, enjoy the hustle-bustle of the tourist streets, but once you settle in you may yearn for a quieter place to call home. Everyone's ideal home is different; some prefer a secluded house in the jungle and some like the city life,...

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