Hi Jacob,

You can find a detailed overview and qualification criteria on this article
https://www.mexperience.com/how-to-apply-for-legal-residency-in-mexico/

I am currently retired (California) and have savings/CD & a bank account plus a property in Portugal.
What are the requirements for a Brazilian national to obtain a temporary / permanent residency in Mexico?
Thank you,

Hello Topher,

The economic solvency required when you apply at an immigration office in Mexico is lower because immigration offices use UMA for their calculations. However, most applications for residency must begin at a Mexican consulate abroad, where higher income or savings/investments (based on multiples of the Daily Minimum Wage) are required. The article also describes situations where applicants can apply directly in Mexico.

It seem like if I apply within a Mexican Consulate, the qualification for individual income is based on Minimum Daily Wage and is $4,185; and if I apply within the country of Mexico, the qualification is based on UMA and is $1,695. Additionally, to include a spouse – if we were to apply within the US at a consulate, the spouse would cost $1,395, but if we were to apply within Mexico, it would be $575.

Am I understanding this correctly?

Hello B.,
If you don’t qualify using monthly income, you might qualify using savings/investments, or other routes.

The article above describes the alternatives in detail.

I don’t know a single person that makes 4-7k a month here.. this is really depressing. I make ~2800 BEFORE taxes, I thought those numbers were totaled over the 6 months.

Hi Ben, it depends on your individual situation and the consulate that you apply at.

Our associates offer an hourly consultation service if you would like to talk to someone in detail about your individual situation and get help to plan an application strategy.

You can find details about the service here:
https://www.mexperience.com/get-assistance-with-your-mexico-residency-application/

Hello Mark,

Income from an annuity is regarded as income, not savings/investment.

Some consulates accept balances held in an IRA, others don’t. IRA balances are regarded as savings/investment.

Hi Joanie, the figures (income/savings) quoted above are current. If you don’t qualify financially, there are some potential alternative ways you might qualify and they are described above.

I live in San Diego & will be 67 in ten years. I know I won’t be able to afford to live here when I can no longer work (70?) & start drawing social security. That’ll be under $2000 a month. The notion of moving to Playas de Tijuana where I could afford rent is what keeps me from panicking. Is this article saying I’d need over twice the income to do that?!? (Savings is a non-issue as it’s wiped out by medical situation & unlikely ti replenish.) I’m stunned and may need a new life plan!