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Before buying our COMPLETE Mexico Relocation Guide from us, I’d like to ensure you know the basic qualifications to obtain legal residency in Mexico.
Obtaining residency in Mexico will almost always start at a Mexican Consulate or Embassy near you- unless you have ties to a Mexican national or resident.
Residency Through Economic Solvency
In 2026, you need to prove at approx. *$4300 USD a month for a Temporary Residency Visa through monthly income. OR you need to prove you have at least *$72k USD in a savings or retirement account.
*The income requirements vary by consulate and are NET (after taxes).*
You can apply for Mexican residency through income or savings. You do not need both.
And you also DO NOT need to live in Mexico to remain a resident. So, it’s a good idea to secure your residency NOW because these requirements increase yearly.
Additional Dependents
If you have direct economic dependents (spouse, parents or children) you must prove the family bond with a marriage certificate and/or birth certificates.
You must also prove financial solvency for them of about $1,390 USD monthly. This can also vary depending on if you apply at a Mexican consulate or if you apply from within Mexico.
Ties to A Mexican National
If you are the spouse, parent, or underage child of a Mexican national you qualify for residency in Mexico WITHOUT having to prove economic solvency.
For help with this, we recommend hiring our recommended immigration facilitators. Their contact information is provided when you purchase our COMPLETE Mexico Relocation Guide.
Dual Citizens
If one of your parents is a Mexican citizen, you qualify for Mexican dual-citizenship without having to prove economic solvency. You can start this process at a local Mexican consulate.
If you were born in Mexico, you will ALWAYS remain a citizen. Mexico allows dual citizenship with other countries, and you do not lose your rights in Mexico. You do not need a Mexican residency visa.
To apply for your Mexican passport, you need to visit a Mexican consulate near you. They will require a certified copy or original copy of your Mexican birth certificate.
Do You Have To Live in Mexico?
There is nothing in immigration law requiring temporary or permanent residents to live in Mexico to remain a resident. This means you can apply for residency years before moving to Mexico.
Buy The Complete Guide
To learn the steps for moving to Mexico and our directory of vetted professionals, consider buying the COMPLETE Mexico Relocation Guide.
In the guide, you get an easy-to-follow plan that covers:
- Residency Visas
- Knowing How to Apply for Residency and mistakes to avoid
- How to bring your household goods
- Driving vs Flying
- How to get healthcare coverage in Mexico
- How the medical system works in Mexico
- Bringing your pets to Mexico
- What to know about taxes in Mexico as a foreigner
- How to find the best rentals
- Scams to avoid
- And a lot more!
Plus, we also give you access to our complete directory of contacts across Mexico that help make your move a lot easier.
We give you our list of vetted contacts across Mexico such as:
- Immigration Facilitators
- Rental Agents
- Realtors
- Healthcare brokers
- Medicare Advantage brokers
- International moving companies
- Relocation tour guides
- Private drivers
- Pet transport companies
- and so many more
We save people hundreds of hours of research with the online guide, and we have helped thousands of people move to Mexico THE RIGHT WAY.
Also, because we continuously update the online guide, you can feel confident that even if you move in a few years, you will still have the most up-to-date information. The online guide is a good resource for any foreigner considering moving to Mexico.
Buy the guide here – https://mexicorelocationguide.com/guide/
Other Options
We think it’s a good idea to have a plan B. And our Plan B has always been living in Panama. Panama only requires you to have $1,000 USD a month in guaranteed lifetime income, such as social security, disability, veterans pay, or a pension.
For more information about moving to Panama, check out “Moving to Panama As A Plan B.”
