Mexico’s sudden increase for 2022 in minimum wage- Which went from $141 to $173 pesos also caused a sudden spike in the income requirements for temporary and permanent residency.
This means that several people are now giving up on their dream of moving to Mexico because they don’t have enough to prove they can qualify for residency.
But there’s a solution!
A special program that gives you a 4 year temporary residency WITHOUT having to prove any financials! THIS IS A GAME CHANGER FOR THOSE WHO DO NOT QUALIFY ON THE BASIS OF ECONOMIC SOLVENCY.
But to know if you are eligible you have to know a few things first:
Update: since writing this blog post, Puerto Vallarta has suspended this program at their INM office for the time being. However it can still be done in other parts of the country
1. You should have a visit to Mexico documented between 2015-2020
The special regularization program is intended to give people who are already in Mexico a sort of amnesty and fast-pass to residency. But in order to qualify, immigration requires that you visited Mexico at least once between 2015-2020.
2. Your FMM should be expired.
Despite everything we have heard about not overstaying your FMM, there is a special provision in this regularization program that requires the applicant to have an expired FMM.
This doesn’t mean that if there is a random checkpoint and you are caught in Mexico with an expired FMM you won’t get deported. You should still have your ducks in a row if you plan to apply for this program and make sure you know the risks.
3. You DO NOT need to prove economic solvency
The biggest difference and the biggest game changer in this program is the fact that you do not need to prove you have any money in the bank to qualify. That’s huge! Especially for someone who is considering moving to Mexico but doesn’t qualify with the current income requirements. But remember you have to have made a visit to Mexico at least once between 2015-2020.
The important thing to know here is that there is a chance that more people will take advantage of this program. But we don’t know how much longer it will last. So you should hurry and plan now!
And yes, you can receive a temporary residency in Mexico and then petition for your spouse. Without having to provide financials.
4. You will have to pay all immigration fees up front.
Because you are getting a 4 year residency in Mexico through this special program, you have to pay all immigration fees up front. This comes out to approx. $14,096 MXN or about $700 USD. Well worth it in my opinion if you have all the requirements to qualify. This also means you don’t need to worry about renewing this visa every year.
This doesn’t include the cost of hiring an immigration facilitator– which I highly recommend you do. The requirements to know if you qualify are pretty straightforward. However, the process is not that easy. You’ll have to write a letter in Spanish explaining why you want to live in Mexico. And you’ll have to know where to pay your fees and to ensure that the paperwork is done 100% correctly.
Our COMPLETE Mexico Relocation Guide has a directory of recommended immigration facilitators familiar with this program.
5. You Don’t Have To Leave Mexico to Apply
This special regularization program is done within Mexico. Unlike the standard process for residency, which requires you to apply from a Mexican Consulate abroad- this program is different.
Applying is done from within Mexico.
The Game Changer!
If you were worried about not qualifying based on your income, this could be the light at the end of the tunnel! It’s a great program that seems promising. And we don’t know how long it will last. If this is a program you qualify for, I suggest applying sooner rather than later!
To fully understand if you qualify, our recommended immigration contacts recommend going to INM (in Mexico) to find out if you are in their system as having visited between 2015-2020. If you are certain you qualify, then I recommend working with an immigration facilitator to help you out right away.