Meksika

At a glance

Program

Economic Solvency (also open to retirees)

Income (temporary)

~USD 4,400/month or ~USD 74,000 in savings

Permanent

~USD 7,400/month or ~USD 296,000

Cost of living

Low

Location

Close to the US

Economic Solvency (Also Open to Retirees)

Mexico does not have a separate retirement visa; retirees obtain residence on the basis of economic solvency. Temporary residence requires roughly USD 4,400 per month in income or roughly USD 74,000 in savings; permanent residence requires roughly USD 7,400 per month in income or roughly USD 296,000 in savings. Applications are made at a Mexican consulate, and thresholds are indexed to the minimum wage.

From Temporary to Permanent

Temporary residence can be renewed for up to four years, after which permanent residence follows. Direct permanent residence is also possible with proof of higher income or savings. Mexican citizenship can generally be applied for after five years of residence (two years for Latin American and Spanish nationals). Proximity to the US and a low cost of living are the main advantages.

Benefits

• Warm climate and low cost of living.
• Proximity to the US.
• Path to permanent residence and citizenship.
• Family members can be included.

Requirements

• Sufficient income or savings/investment.
• Clean criminal record.
• Consular application.

Costs

Proof of income

~USD 4,400 - 7,400/month

Savings alternative

~USD 74,000 - 296,000

FAQ

Does Mexico have a separate retirement visa?

No; retirees obtain residence on the basis of economic solvency (income or savings).

Income or savings?

Both are accepted; regular income or a specified amount of savings/investment can be shown.

When can I move to permanent residence?

After four years of temporary residence renewals; direct permanent residence is also possible with proof of higher income/savings.

Can I include my family?

Yes. A spouse and dependent children can be included in the application.