Quick Facts
Visa Duration
1 Year (Renewable up to 4 years total)
Income Required
~$4,300/mo or bank balance of ~$73,000 over the last 12 months
Processing Time
1 to 4 Weeks
Renewable
Yes
Family Allowed
Yes
Remote Work Allowed
Yes
Requirements
- Proof of foreign income or remote employment.
- Bank statements showing minimum monthly income or minimum savings threshold for the last 6 to 12 months.
- Valid passport.
- Consular application form and fee payment.
Application Process
- Step 1
Book an appointment at a Mexican embassy or consulate outside Mexico.
- Step 2
Submit financial records, passport, and completed forms during the consular interview.
- Step 3
Receive the temporary resident visa stamp in your passport.
- Step 4
Travel to Mexico within 180 days and exchange the visa for a physical Temporary Resident Card (NUT/INM) within 30 days of arrival.
Estimated Costs
Consular Visa Fee~$53
Resident Card Fee (INM)~$300 - $350
Pros & Cons
Pro
Straightforward path to permanent residency after 4 years and very accessible living conditions.
Con
Income requirements change annually based on the Mexican Minimum Wage/UMA unit.
FAQs
Can my family join me under this visa?+
Yes. Family unity applications are allowed for spouses and economic dependents.
Does this visa grant access to the Schengen area?+
No. Valid only for legal residence in Mexico.
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