Residency in Mexico: 2026 Economic Solvency Requirements & Government Fees
Applying for residency in Mexico can feel overwhelming — especially when it comes to economic solvency requirements, which often cause confusion among foreign applicants. One of the most important things to understand is that the Mexican Consulate where you begin your application (outside of Mexico) ultimately determines whether you meet the financial criteria.
While the requirements are federally regulated, their interpretation and strictness may vary slightly from one consulate to another.
Below, we break down the 2026 economic solvency requirements and immigration fees, using the official UMA
value applicable for this year.
How Economic Solvency Is Calculated in Mexico
Historically, economic solvency was calculated using two different reference units:
- UMA (Unidad de Medida y Actualización)
- Mexican Minimum Wage (Mexico City)
Due to the significant increase in minimum wage over recent years, UMA has now replaced minimum wage as the primary unit used to calculate economic solvency.
As of 2026, most Mexican Consulates evaluate financial eligibility exclusively based on UMA.
- 2026 UMA value: $117.31 MXN
Economic Solvency Requirements for Mexican Residency (2026)
Permanent Residency through Economic Solvency
Based on Monthly Income
- 1,140 × UMA
Based on Savings or Investment Balance
- 45,850 × UMA
Temporary Residency through Economic Solvency
Based on Monthly Income
- 680 × UMA
Based on Savings or Investment Balance
- 11,460 × UMA
2026 Economic Solvency Amounts (Calculated)
| Based on Your Monthly Income | Based on Your Savings Balance |
| Permanent Residency:
1140 x $117.31 (2026 UMA) = $133,733.40 MXN |
Permanent Residency:
45,850 x $117.31 (2026 UMA) = $5,378,663.5 MXN |
| Temporary Residency:
680 x $117.31 (2026 UMA) = $79,770.80 MXN |
Temporary Residency:
11,460 x $117.31 (2026 UMA) = $1,344,372.6 MXN |
Important Notes About Consulate Requirements
- Mexican Consulates generally require:
- 6 months of bank statements to prove monthly income
- 12 months of bank statements to prove savings or investment balances
- Each consulate may apply slightly different criteria or thresholds
- Cryptocurrency statements are not accepted, unless accompanied by an officially signed investment statement
Because of these variations, professional legal guidance is strongly recommended before starting your application.
2026 Mexican Immigration Government Fees
Below are the official government fees paid in Mexico during the second stage of the residency process, once your application is approved at the consulate.
| Permanent Residency (Government fee paid in Mexico) | Temporary Residency (Government fee paid in Mexico) |
| $13,579 MXN | $11,141 MXN – 1 Year |
| $8,569 MXN – if transitioning from Temporary to Permanent residency | $16,693 MXN – 2 Years |
| One time payment | $21,143 MXN – 3 Years |
| $25,058 MXN – 4 Years |
Important: Your first Temporary Resident card is always issued for one year only. Renewals (1, 2, or 3 years) are granted at the discretion of Mexican Immigration authorities. After four years as a Temporary Resident, you may apply for Permanent Residency.
50% Discount on Immigration Fees
Applicants applying under the following categories receive a 50% discount on 2026 immigration fees:
- Family Unit applications (including spouses of Mexican citizens or existing foreign residents)
- Applicants sponsored through a company job offer in Mexico
Why Work with MexLaw?
The Mexican immigration process involves multiple stages, strict documentation requirements, and consulate-specific criteria. Mistakes or misunderstandings can lead to delays or denials.
At MexLaw, our experienced immigration attorneys guide you through every step of the process — from determining eligibility and preparing documentation to consulate interviews and final approval in Mexico.
Contact MexLaw today to schedule a consultation.
During your consultation, we will explain:
- How to start your residency application
- What to expect at your consulate interview
- The next steps after approval to obtain your residency card