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Here are some updates on the Mexico temporary and permanent residency visa income requirements. Keep in mind that the consulates normally look at your balances from your bank statements. Consulates often require applicants to show an average monthly balance in their bank account as part of the financial requirements.
When preparing to apply, make sure you have original financial documents, such as bank statements, to demonstrate you meet the financial requirements. These financial documents should clearly show your average monthly balance and be from a recognized bank account, as consulates may require original, stamped, or notarized copies to verify your eligibility.
Now quick disclosure: These requirements and the formulas how they are calculated will change in 2026. The solvency requirements will likely still be around $4,300 USD in 2026, but we still have to wait and see what the consulates around the world do. Stay tuned for updates here.
Each Mexican Consulate Has Its Own Requirements
Perhaps one of the most frustrating parts of the residency process in Mexico, is that every Mexican Consulate has its way of doing things. And the financial requirements can vary from one consulate to the next. You’ll see that in our chart below.
Every consulate varies not only in their solvency requirements but even in the types of documents they require, how they book their appointments, and many other little nuances. So it’s important to not only follow our advice, but to also double check the Mexican consulate’s information on their website.
It’s hard to keep up with and sometimes impossible to find this information.
So here is my research, and I want to share it with you!
The following information is broken up by city and the amount needed for Temporary Residency or Permanent Residency through monthly income or savings. On the chart, N/A means I don’t have their information, or they have not responded to me.
You only need to prove either income or savings, not both. Income requirements are NET- or after taxes. Because all consulates ultimately look at your balances from your bank statements. All income requirements are listed in USD unless noted otherwise. And all numbers have been rounded up to the nearest dollar.
Types of Residency in Mexico
Mexico offers several pathways to legal residency, each designed to suit different needs and lifestyles. The two most common options are temporary residency and permanent residency through economic solvency.
Temporary residency is ideal for those who plan to live in Mexico for a defined period—typically up to four years, or for those with a lower income who do not meet the permanent residency visa requirements. This option is popular among digital nomads, remote workers, retirees, and students. You will usually need to renew your temporary residency.
You can renew for 1,2,3 additional years after the first year. After 4 years, you can apply to become a permanent resident. Or after 2 years for those obtaining permanent residency through family unity.
Permanent residency, on the other hand, is intended for individuals who are retired at the initial application, or for those who have been a temporary resident for 4 years (or 2 years through family unity). This residency visa is indefinite- you do not need to renew it.
To qualify for either status, applicants must meet specific economic solvency requirements, which are set by the Mexican government and interpreted by each Mexican consulate abroad. These requirements generally involve proving a certain level of monthly income or savings, and the exact figures can vary depending on the consulate where you apply. Understanding which type of residency best fits your plans is the first step toward a successful application.
Mexico Residency Requirements By Consulate
If the section for a specific consulate is not on this list, I do not have their requirements at the moment😉 It doesn’t mean they do not take applications. While we do our best to give you the most up to date information, you should verify the solvency requirements with the Mexican consulate you are applying in, at the time you are ready to apply- Some of these amounts can vary on the date of your appointment depending on the exchange rates.
| CITY | Temporary Residency 6 Months Income | Temporary Residency 12 Months Savings/Investments | Permanent Residency 6 Months Income | Permanent Residency 12 Months Savings/Investments |
| Albuquerque 2025 | $4,140 | $69,010 | $6,910 | $276,040 |
| Atlanta 2025 | $4,182 | $69,700 | $6,970 | $278,800 |
| Austin 2025 | $4,182 | $69,700 | $6,970 | $278,000 |
| Boise 2025 | $4,400 | $73,300 | $7,300 | $293,400 |
| Boston 2025 | $4,200 | $70,000 | $7,000 | $279,000 |
| Brownsville 2025 | $4,020 | $66,960 | $6,700 | $268,000 |
| Calexico 2025 | $4,078 | $67,967 | $6,797 | $271,868 |
| Chicago 2025 | $4,294 | $71,572 | $7,157 | $286.291 |
| Dallas 2025 | $4,214 | |||
| Del Rio 2025 | $4,020 | $66,960 | $6,700 | $268,000 |
| Denver 2025 | No Monthly income | Savings/investments only | $6,531 | $300,000 |
| Detroit 2025 | $4,346 | $72,447 | $7,270 | $289,791 |
| Douglas 2025 | $3,734 | $62,233 | ||
| Houston 2025 | $4,394 | $73,235 | $7,324 | $292,941 |
| Indianapolis 2025 | $4,414 | $73,565 | $7,357 | $294,261 |
| Kansas City 2025 | $4,182 | $69,700 | $6,970 | $278,800 |
| Las Vegas 2025 | $4,084 | $68,066 | $6,806 | $272,270 |
| Little Rock 2025 | $3,649 | $60,646 | ||
| McAllen 2025 | $4,111 | $68,501 | $6,850 | $274,005 |
| Miami 2025 | $4,049 | $67,480 | $6,748 | $269,921 |
| Milwaukee 2025 | $4,182 | $69,700 | $6,970 | $278,800 |
| Nogales 2025 | $4,120 | $68,370 | $6,970 | $278,800 |
| New Brunswick 2025 | $4,200 | $70,000 | $6,950 | $280,000 |
| New Orleans 2025 | $3,730 | $62,234 | $7,322 | $292,858 |
| New York 2025 | $4,200 | $70,000 | $7,100 | $280,000 |
| Oklahoma 2025 | $4,397 | $73,291 | $6,953 | $279,642 |
| Omaha 2025 | $4,049 | $67,480 | $6,748 | $269,921 |
| Orlando 2025 | $4,393 | $73,215 | $7,321 | $292,859 |
| Oxnard 2025 | $4,000 | $70,000 | $7,000 | $275,000 |
| Philadelphia 2025 | $4,422 | $74,000 | $7,369 | $294,766 |
| Phoenix 2025 | $4,321 | $72,016 | $7,202 | $288,062 |
| Portland 2025 | $73,647 | $7,324 | $292,941 | |
| Presidio 2025 | $4,393 | $73,215 | $7,321 | $292,859 |
| Salt Lake City 2025 | $4,392 | $73,000 | $7,300 | $292,859 |
| Santa Ana 2025 | $4,300 | $73,000 | $7,300 | $292,00 |
| San Diego 2025 | $4,025 | $67,084 | $6,708 | $272,000 |
| San Francisco 2025 | $4,081 | $68,015 | $6,800 | $249,119 |
| Seattle 2025 | $4,450 | $74,148 | ||
| St. Paul 2025 | $4,410 | $69,450 | $7,350 | $367,650 |
| Tucson 2025 | $4,078 | $67,967 | $6,797 | $271,868 |
| Washington DC 2025 | $4,300 | $73,000 | $7,300 | $280,000 |
| Yuma 2025 | $3,900 | $62,500 | $6,400 | $249,500 |
| CANADA | ||||
| Calgary 2025 | $6,160 CAD | $102,671 CAD | $10,289 CAD | $411,565 CAD |
| Leamington 2025 | $6,173 CAD | $102,891 CAD | $10,289 CAD | $411,565 CAD |
| Montreal 2025 | $6,160 CAD | $102,671 CAD | $10,672 CAD | $410,685 CAD |
| Ottowa 2025 | $6,173 CAD | $102,891 CAD | $10,289 CAD | $411,565 CAD |
| Toronto 2025 | $6,915 CAD | $115,238 CAD | $11,525 CAD | $460,955 CAD |
| Vancouver 2025 | $6,173 CAD | $102,891 CAD | $10,289 CAD | $411,565 CAD |
| EUROPE | ||||
| Australia 2025 | AUD $11,143 | AUD $445,720 | ||
| Barcelona 2025 | €4,036 | €67,300 | €6,730 | €269,113 |
| UK 2025 | £3,418 | £56,967 | £5,697 | £227,866 |
| Frankfurt 2025 | €2,478 | €67,400 | €6,634 | €265.375 |
Temporary & Permanent Residency Formulas for Solvency Requirements
Each consulate is supposed to use the same formulas.
However, all consulates have a level of autonomy and may have discrepancies in their requirements. Either because they don’t use the same exchange rates, because of the current minimum wage in Mexico, or something else. The financial requirements for Mexico temporary residency requirements 2025 are calculated using Mexico’s minimum daily wage as the benchmark.
If you are applying for permanent residence, be aware that the financial thresholds are higher than those for temporary residency.
Those applying for a permanent or temporary residency visa, must first obtain a resident pre approval visa from a Mexican consulate before applying for a resident card at the INM -immigration offices in Mexico. (Unless you apply through family unity/vinculo familiar- then you can bypass the consulate part and apply for your card in Mexico).
Below is the formulas each consulate is supposed to use.
Solvency Requirements for Mexican Temporary Residency
For temporary residency, the following formula is how most consulates calculate their solvency requirements. We have an approximate amount in USD based on an exchange rate of 18.30 to 1 USD.
Monthly Income Requirement
- Formula: 300 x daily minimum wage
- Total in USD: Approximately $4,500 + USD per month
Savings Requirement
- Formula: 5,000 x daily minimum wage
- Total in USD: Approximately $76,000 USD
Solvency Requirements for Mexican Permanent Residency
For permanent residency in Mexico, the economic solvency requirements are typically higher than a temporary residency. The following formula is how most consulates calculate their solvency requirements. We have an approximate amount in USD based on an exchange rate of 18.30 to 1 USD.
Monthly Income Requirement
- Formula: 500 x daily minimum wage
- Total in USD: Approximately $7,600 + USD per month
Savings Requirement
- Formula: 20,000 x daily minimum wage
- Total in USD: Approximately $305,000+ USD
The income requirements vary by consulate and are NET (after taxes).
Before submitting your financial documents to the consulate, it is highly recommended to conduct a thorough review of your documents to ensure accuracy and compliance. Something an immigration facilitator can help you do.
Family Members
If you have direct economic dependents (spouse, parents or children) you must prove the family bond with a marriage license and/or birth certificates.
Accurate birth and marriage certificates are essential identification documents required for residency and citizenship applications in Mexico, and any discrepancies can cause delays or obstacles. You must also prove financial solvency for them by adding 100 days of the current general minimum wage in Mexico City. The current 2025 minimum wage is 278.80 MXN x 100 = approx. $1500 USD
For spouses, you need to prove you are legally married with a marriage certificate. Marriage certificates should be apostilled. Being part of a family unit can facilitate the residency process, and in some cases, financial requirements may be waived for family unit applications. Especially if you are married to a Mexican national or Mexican resident.
You can also petition for spouses and other family members without having to prove economic solvency and without having to first apply at a Mexican consulate oversees. You can petition dependents at the National Migration Institute (INM), after receiving your residency card.
Family members must enter Mexico with the appropriate FMM before applying for residency. Immigration authorities will review all documentation and determine eligibility for family-based residency.
Common Law Partner and Residency
Mexico recognizes common-law partnerships, making it possible for individuals in such relationships to apply for residency based on their connection to a Mexican national or a foreign resident. To qualify, you’ll need to provide documentation that proves your partnership, such as joint bank statements, shared utility bills, or sworn affidavits. Both opposite-sex and same-sex couples are eligible under this provision.
Applications for residency as a common-law partner can be submitted at your nearest Mexican consulate. If approved, you will receive a temporary or permanent resident card, depending on your circumstances and the supporting documents provided. Requirements may vary between consulates and local immigration offices, so it’s important to check with the specific office where you plan to apply. Having thorough documentation and proof of your relationship will help ensure a smooth process toward obtaining your resident card.
Discrepancies Between Consulates
Every consulate operates differently. For example, some consulates want you to be over 60 or draw a pension or social security to grant you permanent residency.
Another nuance is some consulates that require a letter from your employer stating you will continue working in Mexico while you live in Mexico.
Failing to meet the specific requirements of a consulate or making mistakes in your application can have serious consequences, such as application denial or significant delays. Careful document review is essential to avoid these issues. To research a consulate’s specific requirements you can google “Mexican consulate near me” or schedule an appointment at a Mexican Consulate. From the search results make sure you select the site ends in .gob.mx – that is a legitimate Mexican government site
Other Considerations For Residency in Mexico
Another way to obtain Temporary Residency, is if you can prove to a Mexican Consulate that your property in Mexico is worth at least ~$587,000 USD or 40,000 days times the daily minimum wage in Mexico ($278.80 MXN daily in 2025).
But I didn’t include it because, in my experience, only a couple of Mexican consulates accept this as the sole way of qualifying for residency in Mexico. It’s not a straightforward process, and despite popular belief with some realtors in Mexico, it’s very hard to obtain residency this way.
How I Gathered This Info
I’ve contacted every Mexican Consulate in the USA, Canada and most of the other Mexican consulates you have asked me about. I either emailed them or called them. I have also combed a lot of Mexican Consulate websites.
PRO TIP- Most consulates never answer their phones. I have found that email is usually the best way to gather information from them.
I added them to this chart if they replied to me via email with their Mexico residency requirements. If they shared that information over the phone, I also added it to this chart. And if the income requirements were updated on their site, I added them to this chart.
Also, keep in mind that these income requirements change every year. These are the income requirements for 2025. If you qualify for residency today, but might not qualify next year, I encourage you to start your residency process sooner rather than later.
Hiring An Immigration Facilitator
If you need an immigration facilitator recommendation, please check out our COMPLETE Mexico Relocation Guide.
In the online guide, you get a step-by-step plan to help you process your residency on your own, along with tips to help you avoid mistakes.
However, we know Mexican bureaucracy is hard to navigate on your own. And you may need additional help.
So, to help you even further, you also get our directory of recommended and vetted immigration experts throughout Mexico. These facilitators can guide you through the entire process, from the initial consulate process, application to final approval, ensuring you meet all Mexico temporary residency or permanent residency requirements.
Some of them can help you make your consulate appointment for you. Some of them will review your documents before your consulate appointment. And all of them can help you with the 2nd part of the process in Mexico known as Canje, as well as renewals, family unification, and change of address.
And many of my vetted recommendations can also help you remotely if you cannot find a good facilitator in the city of Mexico where you plan to process a change with immigration.
Immigration Fees
The fees for obtaining a Mexican visa at a Mexican Consulate will vary depending on which country you are living in. For 2025, the U.S. Fee is $54 USD, and the Canadian fee is $80 CAD.
When you finish your residency visa process in Mexico, there are additional fees you have to consider at INM. Get the latest list of immigration fees in Mexico. The fees also increase every year, and we update this page and all of our publications to reflect them.
After obtaining residency, you have many new benefits. For example, many new residents also apply for a Mexican driver’s license as part of settling in.
We Need YOUR Help
If you have been in touch with a Mexican Consulate that has given you their income requirements for 2025 and that consulate is not on this list, please share that information with us.
But please remember I can only publish that information if you forward the actual email from the consulate. Hearsay is not reliable enough.
Thank you/Gracias!
Here are some updates on the Mexico residency visa income requirements.
