It came to my attention several times that, relatively speaking, it does not seem to be all that difficult to obtain a temporary Mexican residence permit. Whether that is true remains to be seen but I have decided to start the process and see if I can manage to secure one.
My goal is to obtain multiple residence permits to create some more geopolitical security for myself. Unfortunately my nationality does not allow me to obtain dual nationality, but residence permits are very welcome. So you might see some more topics in the future but let's start with this one.
Over the past week I have looked into the matter to see how it all works. Spent some hours reading. The most important requirement is that you earn at least $4,000 (USD) per month and/or have $76,000 in assets. You can also opt for permanent residency by demonstrating that you are retired and earn a passive income, own real estate, or manage a Mexican company with sufficient capital (you will need to look up the exact amounts for this). An important caveat is that you are not allowed to work or set up a company in Mexico. However if you wish to do so it is possible through a separate process.
The required amounts have been steadily increasing over the past few years and I do expect it to become more difficult as the years go by. Therefore I have decided to take the plunge and try it as soon as possible.
Will I actually use the permit if I obtain one? I wouldn't be living there all year round, but I have been to Mexico City and Cancun and the surrounding region several times for a couple months at a time and I loved it. Obviously a bit touristic, but alas, I'm still somewhat young and ok with that. I think I will spend a few months there every now and then when I feel like it. Of course Mexico has more authentic places it and I'd still love to explore the rest of the country.
I am aware that Mexico is not a safe country everywhere. You must keep this in mind if you're starting this process for yourself. But on the other hand, do not let it scare you either. Behave politely, and do not flaunt your possessions or visit dangerous areas. I can only vouch for Cancun but I felt safe there and would even make long walks at night. And the people were friendly.
Regarding the process, I will use this topic to show how it works, what you need to do and how long everything takes.
I don't know how long I have to wait before I can get an appointment at the consulate. If you are American keep in mind that this can take many months because it is difficult to make an appointment due to the limited available slots. However it seems that you can 'shop around' and fly to another city for a faster appointment.
I am an EU passport holder myself and I still have hope that it will go fairly easily. The first bureaucratic hurdle presented itself when I tried to make an appointment online where I couldn't click on anything and couldn't submit the form. Fortunately, I found out quite quickly that the procedure at my embassy works just a little differently. will now have to gather documents which I will send at the end of next month. After that, according to the site I should be invited within 30 days.
The documents I need to submit:
- Completed VISA application form
- Motivation letter explaining why I want a residence permit
- Bank statements
- Copy of passport
- Everything translated into Spanish
Whether I get approval or not depends entirely on the consular officer but I actually can't imagine them rejecting me. If approved, a visa is stamped in your passport, which you must use within 6 months to enter Mexico. After that you have 30 days to make an appointment with the immigration services inside Mexico to complete the rest of the interview and obtain the plastic card. This is valid for 1 year and must be renewed every year. After 4 years, you receive permanent residence. You can use a fixer to smoothen this process. If you're lucky it takes one day to get your plastic card at the office but it can take several weeks.
I'll keep you guys posted.
My goal is to obtain multiple residence permits to create some more geopolitical security for myself. Unfortunately my nationality does not allow me to obtain dual nationality, but residence permits are very welcome. So you might see some more topics in the future but let's start with this one.
Over the past week I have looked into the matter to see how it all works. Spent some hours reading. The most important requirement is that you earn at least $4,000 (USD) per month and/or have $76,000 in assets. You can also opt for permanent residency by demonstrating that you are retired and earn a passive income, own real estate, or manage a Mexican company with sufficient capital (you will need to look up the exact amounts for this). An important caveat is that you are not allowed to work or set up a company in Mexico. However if you wish to do so it is possible through a separate process.
The required amounts have been steadily increasing over the past few years and I do expect it to become more difficult as the years go by. Therefore I have decided to take the plunge and try it as soon as possible.
Will I actually use the permit if I obtain one? I wouldn't be living there all year round, but I have been to Mexico City and Cancun and the surrounding region several times for a couple months at a time and I loved it. Obviously a bit touristic, but alas, I'm still somewhat young and ok with that. I think I will spend a few months there every now and then when I feel like it. Of course Mexico has more authentic places it and I'd still love to explore the rest of the country.
I am aware that Mexico is not a safe country everywhere. You must keep this in mind if you're starting this process for yourself. But on the other hand, do not let it scare you either. Behave politely, and do not flaunt your possessions or visit dangerous areas. I can only vouch for Cancun but I felt safe there and would even make long walks at night. And the people were friendly.
Regarding the process, I will use this topic to show how it works, what you need to do and how long everything takes.
I don't know how long I have to wait before I can get an appointment at the consulate. If you are American keep in mind that this can take many months because it is difficult to make an appointment due to the limited available slots. However it seems that you can 'shop around' and fly to another city for a faster appointment.
I am an EU passport holder myself and I still have hope that it will go fairly easily. The first bureaucratic hurdle presented itself when I tried to make an appointment online where I couldn't click on anything and couldn't submit the form. Fortunately, I found out quite quickly that the procedure at my embassy works just a little differently. will now have to gather documents which I will send at the end of next month. After that, according to the site I should be invited within 30 days.
The documents I need to submit:
- Completed VISA application form
- Motivation letter explaining why I want a residence permit
- Bank statements
- Copy of passport
- Everything translated into Spanish
Whether I get approval or not depends entirely on the consular officer but I actually can't imagine them rejecting me. If approved, a visa is stamped in your passport, which you must use within 6 months to enter Mexico. After that you have 30 days to make an appointment with the immigration services inside Mexico to complete the rest of the interview and obtain the plastic card. This is valid for 1 year and must be renewed every year. After 4 years, you receive permanent residence. You can use a fixer to smoothen this process. If you're lucky it takes one day to get your plastic card at the office but it can take several weeks.
I'll keep you guys posted.
