2021 Financial Requirements for Temporary and Permanent Residency in Mexico

Posted by MexLaw

in Immigration, Legal Services, MexLaw, Uncategorized

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...

10 August

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How to Create a LLC or Corporation

Posted by MexLaw

[vc_row triangle_shape="no"][vc_column][vc_column_text] How to Create a LLC or Corporation as a Shareholder [/vc_column_text][vc_empty_space height="23px"][/vc_column][/vc_row][vc_row triangle_shape="no"][vc_column][vc_empty_space height="40px"][mkd_separator type="with-icon" animate="yes" color="#c18f59" border_style="solid" width="195px" top_margin="20" bottom_margin="30" custom_icon="6694"][vc_column_text] Shareholders [/vc_column_text][vc_empty_space height="23px"][vc_row_inner css=".vc_custom_1597095851479{padding-top: 20px !important;}"][vc_column_inner width="1/2" offset="vc_col-lg-6 vc_col-md-6"][mkd_interactive_image animate_image_on_hover="yes" add_checkmark="no" link="" image="11606"][vc_empty_space height="20px"][/vc_column_inner][vc_column_inner width="1/2" offset="vc_col-lg-6 vc_col-md-6"][vc_empty_space height="20px"][vc_column_text]In the event that the company you want to create in Mexico will have one or more foreign companies as shareholders:[/vc_column_text][vc_empty_space height="10px"][vc_column_text]Example:[/vc_column_text][vc_empty_space height="10px"][vc_column_text]Shareholder 1: THE BOATS LLC (Foreign company) 50% Shareholder 2: La VISTA LLC (Foreign company) 50%[/vc_column_text][vc_empty_space height="10px"][vc_column_text]Or[/vc_column_text][vc_empty_space height="10px"][vc_column_text]Shareholder 1: John Doe (Individual) 1% Shareholder 2: THE BOAT (Foreign Company) 99%[/vc_column_text][vc_empty_space height="10px"][vc_column_text]*These are examples only. You will be able to define percentages as...

20 July

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Immigration to Canada

Posted by MexLaw

[vc_row triangle_shape="no"][vc_column][mkd_separator type="with-icon" animate="yes" color="#c18f59" border_style="solid" width="195px" top_margin="20" bottom_margin="30" custom_icon="6694"][vc_empty_space height="20px"][vc_column_text] Immigrating to Canada to Work or Study [/vc_column_text][vc_empty_space height="20px"][/vc_column][/vc_row][vc_row triangle_shape="no"][vc_column offset="vc_col-lg-12 vc_col-md-12"][vc_empty_space height="20px"][vc_column_text]Each year, Canada receives thousands of immigrants and their families whose skills respond to market needs and make it easier for them to find work. This could be your opportunity. Its estimated that Canada will need more than 1.4 million of new employment opportunities and at least one- third will have to be filled by immigration.[/vc_column_text][vc_empty_space height="20px"][vc_column_text]Also, Canadian schools and in particular the Universities and Professional Training Schools are ranked among the best in the World.[/vc_column_text][vc_empty_space height="20px"][vc_column_text]Mexlaw, an International...

10 June

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Create Mexican Corporation

Posted by MexLaw

[vc_row triangle_shape="no"][vc_column][vc_empty_space height="35px"][vc_single_image image="13393" img_size="full" alignment="center"][vc_empty_space height="50px"][/vc_column][/vc_row][vc_row triangle_shape="no"][vc_column][vc_column_text] MexLaw's 6-Step Process to Creating a Mexican Company [/vc_column_text][vc_empty_space height="23px"][vc_row_inner][vc_column_inner width="1/4"][/vc_column_inner][vc_column_inner width="1/2"][vc_column_text] This information is applicable for people who want to create a company with two or more individuals as shareholders.If your intention is to include an LLC or Corporation as a shareholder, please, click here. [/vc_column_text][/vc_column_inner][vc_column_inner width="1/4"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row triangle_shape="no" el_id="step-one"][vc_column][vc_empty_space height="40px"][mkd_separator type="with-icon" animate="yes" color="#c18f59" border_style="solid" width="195px" top_margin="20" bottom_margin="30" custom_icon="6694"][vc_column_text] Step One: Providing General Information [/vc_column_text][vc_empty_space height="23px"][vc_row_inner el_id="step-one" css=".vc_custom_1591827997931{padding-top: 20px !important;}"][vc_column_inner width="1/2" offset="vc_col-lg-6 vc_col-md-6"][mkd_interactive_image animate_image_on_hover="yes" add_checkmark="no" link="" image="11324"][/vc_column_inner][vc_column_inner width="1/2" offset="vc_col-lg-6 vc_col-md-6"][vc_empty_space height="20px"][vc_column_text]Your first step in creating a Mexican company is to fill out details regarding your new company via...

2021 Financial Requirements for Temporary and Permanent Residency in Mexico

Buying Property in Mexico: Fideicomiso or Corporation?

How to Create a LLC or Corporation

Immigration to Canada

Create Mexican Corporation