I am considering applying for a residence permit in Mexico and would like to know what requirements and documents are needed to complete the process. I have heard that there are several types of residence permits, depending on whether you want to invest in the country, work or just live. But how does the process work in practice?
You can find a lot of useful information on this subject at https://www.fastmexresidency.com/. First, the requirements for obtaining a residence permit in Mexico depend on what type of visa you choose. If you want to obtain a residence permit through investment, you will need to demonstrate that you have invested in the local economy. For example, this could be buying at least $150,000 worth of real estate or creating a business that involves job creation. For those who do not plan to invest but can prove a stable income (such as pensions, rental income from real estate or other sources), there is an opportunity to obtain residency based on passive income. This usually requires proof of a stable monthly income of about $2,500-$3,000. It is important that the documents for obtaining a residence permit must be officially translated into Spanish and notarized.
The main thing is to properly gather all the necessary documents and proof of your financial solvency if you are not investing. You should also keep a close eye on the current requirements, as they may change.
