Mexican Residency Process
As a real estate agent here in PV many people ask me what are the requirements to qualify for residency in Mexico. It really is a very straightforward process. Below is a link to a good resource to get an overview of what you need to do to apply for residency in Mexico. Here is a quick overview of what’s needed:
You must first apply for your visa at the Consulate of Mexico in your own country.
There is a Temporary Resident Visa and a Permanent Resident option (each have specific requirements)
Temporary Resident you need to prove financial solvency with one of the following:
Temporary Residency you will need to demonstrate savings in a bank account for at least the last 12 months of approximately US$32,450, OR
Prove income from a pension or investments of approximately US$1,945 per month. OR
Purchase real estate worth approximately US260,000. OR
You have an investment or shares in a Mexican company or a fixed asset, such as heavy machinery, of US$130,000 or more, OR
Open a business that creates jobs for three or more Mexicans.
Permanent Residency you will need to demonstrate savings in a bank account for at least the last 12 months of approximately US$129,700, OR a regular income from a pension or investments of approximately US$3,250 per month.
Link to Mexico Immigration guide:
Kevin Leah enjoys sharing his experiences of the process to live in Mexico.
As an agent Kevin is a highly motivated, results-oriented professional who enjoys working tirelessly to make buying or selling a home in PV an enjoyable, smooth and straightforward process. With an unshakable dedication to customer service, count on Kevin to get the job done.