Getting residency in Mexico 2025.

[@MikeS-sc5qv]

Great advice and because of your channel and a few other trustworthy ones, my husband and I got our temporary residency earlier this year. We plan on retiring ft to beautiful Mexico 🇲🇽 early 2027. Thanks !!

[@TheTwoTravelersInMexico]

So, when you become Temporary, you only get it for 1 year. Which means, you wil need to come back to Mexico before the year expires to extend it for 3 years. No requirements after that where you have to be here. Just like with your temporary residency. You can go back to the states or canada or wherever. Just don't let the Temporary expire or you'll have to start over again. You need to be here in Mexico to renew it for the 3 add'l years. Hope this helps. ~ Paulette

[@MikeS-sc5qv]

Yes, thanks Paulette! We’re headed back to Merida in March for the renewal (3 years). We qualified at the consulate in Tucson in December 2023, and completed the Canje process this past April. Thanks again!!

[@Starbeoghtuser3475]

@@MikeS-sc5qv how was that consulted? Did they stick to everything as far as documentation? Trying to figure out if I should go to Phoenix office or Tucson office. I would like to go to the one that’s most lenient.

[@MikeS-sc5qv]

I don’t know about the leniency part, but the Mexican Consulate in Tucson was very easy to work with. Keep in mind, we came over prepared and had everything they asked for. Check out their website, that’s where i started. Good luck!

[@timothyhenry5454]

I received my permanent residency in Mexico last week

[@TheTwoTravelersInMexico]

GREAT !!!! Paulette

[@Not2daysatan]

Do you know if you apply before the end of 2024, would it be under lower requirements?

[@TheTwoTravelersInMexico]

@@Not2daysatan YES, I believe it is much lower. We did a video on the 2024 requirements. Go to our youtube channel and go back on dates about 9 months ago and i'm sure you'll find it. Not much time considering Dec is tomorrow. BUT, if you start it and can it done at a consulate in the U.S. (anywhere is acceptable) do it now in Dec. AND, if possible plan to spend a few weeks here in Mexico to complete it before. I think you have 6 months to cross the Mexican border. Once you cross the border you have to get your appt. scheduled fairly quickly as you have 30 days only. However, me personally, I'd never wait till the last minutes.

[@Not2daysatan]

@ we are heading to Mexico on Dec 10 for 6 weeks. Not sure we can get it going that quick.😆🙏🏼But we will give it a shot!

[@TheTwoTravelersInMexico]

@ UGH - if you have all papers needed to qualify in order and the application photo…..maybe. I know Tucson was pretty easy. Try; can’t hurt.

[@keithhannah8695]

Thank god I listened to previous KZbin vlogs two years ago. Went to the Mexican consultant in January of 2023, got my residence card in June. Just renewed for 3 years in June of this year. Just retired, house will be up for sale in December, hope to be in Mexico by February! 🎉 Trust me, if your thinking, don't delay!

[@TheTwoTravelersInMexico]

Exactly. Thank you for your comment Keithhannah8695. -Marc

[@J.Demp6979]

Another great video! I have been a fan of yours for years. Keep up the great work and information for those searching for an alternative for affordable retirement living.

[@TheTwoTravelersInMexico]

Thank you so much for your kind comment. We really appreciate it. -Marc

[@mwiebe2663]

Also important to note that if only one spouse qualifies for residency, they can get their residency and then the other spouse can apply from within Mexico as the spouse of a temporary or permanent resident without showing financials, through the “family bonds” section of the legislation.

[@TheTwoTravelersInMexico]

True !! i can't recall what the add'l amount is to qualify under unification doing it that way. ~ Paulette

[@mwiebe2663]

@ Under family unification there is no minimum financial requirement. I think applicants still may have to show their financial statements, but there is not a minimum amount required.

[@kat7544-t1h]

We did this. Additional amount required was minimal.

[@Mexicobeanpole]

@@TheTwoTravelersInMexico. We did this. My husband got in with his financials and I got in first on a tourist visa, then under family unity and I didn’t have to show any financials. We got temporary residency. This was April 2023. The numbers are crazy.

[@lindylee1139]

Single retired woman here and no way I’ll get residency in Mexico. Way lower requirements for Spain or France, less than $2,000 month.

[@anniesshenanigans3815]

agreed. Panama has very low requirements. only 1000 a month. I looked at France too, but they are very adamant that you learn French before going or they will treat you poorly.

[@cherylpayne1376]

Didn't Spain just have that horrible flooding?

[@TheTwoTravelersInMexico]

We looked at Spain and Portugal several years ago and it seemed like the financial requirements were much higher then that unless you can claim lineage there through relatives. Possibly it's changed or my memory is fading. -Marc

[@lindylee1139]

@@TheTwoTravelersInMexico Spain is $2400 euros month and France is $1900. Thanks for your reply. I’m bummed Mexico residency is so high now.

[@TheTwoTravelersInMexico]

@@lindylee1139 Thank you so much for the update. -Marc

[@patrickruvolo8427]

We got our perm res 3 years ago. We did buy a condo in Cozumel got 400k . It is now worth 750. Unreal demand and they are correct, do not wait.

[@TheTwoTravelersInMexico]

Hi Patrick, thanks for watching and commenting with your experience. -Marc

[@sisterdiggins]

Wow!These requirements are crazy!

[@TheTwoTravelersInMexico]

They are very hight for sure. Thanks you for watching and commenting. -Marc

[@stephaniebeckmann6356]

If the regularization program is still in effect, take advantage.

[@TheTwoTravelersInMexico]

True !! There were some qualifications you had to meet to be able to do that. I'm not sure everyone meets those requirements. ~ Paulette

[@JiḿsMexicanLife]

I am so glad I got my permanent residency 5 years ago. Today I would not qualify for even a temporal...

[@TheTwoTravelersInMexico]

It's shocking isn't it. I could still qualify for temporary residency but in the next year or so I wouldn't if it continues to go the direction it's going. -Marc

[@SpiritHawk]

Thanks for covering this. I'm on a work visa in Mexico and I have friends who are planning to come here and your video will be quite helpful.

[@TheTwoTravelersInMexico]

Thank you for your kind comment.If your friends have any questions please feel free to reach out to us. -Marc

[@SpiritHawk]

@@TheTwoTravelersInMexico Thank you so much! I hope they still qualify.

[@visulino]

I've heard that it's different from consulate to consulate. Maybe they should verify different consulates with different requirements?

[@TheTwoTravelersInMexico]

YES !! Shop around for sure ~ the sooner the best before 2025 rolls around ~ Paulette

[@kaydavis4241]

Thanks for the update. I have friends of friends asking me about the numbers...then bringing up the 180 tourist visa "run"...going over the border and coming right back. I advise them that is risky...you might speak to that next time.

[@TheTwoTravelersInMexico]

It is risky because they're not guaranteed that they'll get another 180 days. -Marc

[@RadioRanger-po4hj]

Process start this year! Temp received because we are not retired yet. Returning back to Mexico next year to re-up for 3 more years… which will allow us to roll into Permanent residency!

[@TheTwoTravelersInMexico]

Yes, that’s a great way to do it especially if your still working. -Marc

[@EntrepreneurExpat]

We got residency in Mexico and from what the lawyers told us, Mexico wants people who will spend money. Also, everyone and their mom is trying to get into Mexico right now so they've had to get stricter.

[@TheTwoTravelersInMexico]

We appreciate you sharing this with us and our viewers. -Marc

[@pedrozatravel]

Nice video, I am really glad I don't have to worry about financial qualifications due to my ancestry.

[@TheTwoTravelersInMexico]

You are lucky. -Marc

[@toddmurray6596]

Vancouver consulate is 102K$ for financial solvency and I expect an increase of 15-20% in 2025. Twelve months of statements bring me to June 2025, can't wait !

[@TheTwoTravelersInMexico]

Or possibly a better exchange rate over last year? -Marc

[@wendychimes2081]

I live in the US very comfortably on less than Mexicos monthly income requirements for 2025 and I can drink the water directly from the tap. 😂 I don’t see México as being a realistic option for retirement anymore. There’s plenty of better (more realistic) options available. I meet the savings/investments requirements, but I see México becoming less affordable in the future as far as day to day life goes. Panama offers so much more for retired expats … which include discounts on utilities, theaters, hotels, healthcare, airline tickets, etc. And you only need a monthly income of at least $1000 a month to qualify for their Pensionado Visa.

[@TheTwoTravelersInMexico]

Yes The income requirements are getting higher. What you can’t put a price tag on though is living in the culture. We could afford to live in a lot of other places too including the U.S. but they lack the culture that Mexico has. -Marc

[@MyMemories07]

Yes, MX want rich people only , Im from Toronto, I dont make 6k a month, above average wage, but 99,000k for temporary ? hmm that's $2,300 less than 2024? I cancelled my last February appt. it was $103,000 for temporary in Toronto. I qualify either way, due to crazy amount of paperwork, especially when there are 4 bank accounts to gather statements, bank will not print, stamp 12 × 4 accounts ,thats, 96 pages..😅😅

[@anniesshenanigans3815]

go to Panama, much less hassle.

[@TheTwoTravelersInMexico]

Possibly a better exchange rate then last year? It would require some work getting your bank statements together and then presenting them in a way that the people will understand at the consulate. -Marc

[@keithhannah8695]

@@MyMemories07 Was at the Toronto consultant in January of 2023. Brought 48 pages of signed and stamped bank statements. At the interview, they never looked at the 48 pages, never took the statements, all they wanted was the signed Bank letter stating I had the money in the bank. Walked out that day with my temporary Visa in my passport!

[@alannahprestaynofbraavos5759]

Honestly, the issue for Mexico is internal. Although people from the US/Canada may not make enough to qualify, the ones who do generally make more than the average Mexican, and income from people from outside of Mexico will drive prices up. My neighborhood/city in the US is dealing with the same thing - I spoke to two people recently, one who is retired and one who wants to retire next year. Both of them had decent jobs, and one even will have a pension, but they cannot afford to remain in our city, and they were born here. One told me she is moving to Portugal. It's just bad all over, but I'm sure Mexico is trying to avoid what happened in Portugal, which is that they had to limit the purchase of property in certain regions because expats were driving the proces up (especially in Lisbon, the Algarve, and Porto).

[@TheTwoTravelersInMexico]

Can I ask what state your living in. We came from California and I would have had to work until I was 70 to be able to retire. Gentrification is an issue. -Marc

[@Booboonancy]

What makes it complicated is that you can only choose 1 type of financial solvency ? It should be possible to do a combination, this way more of us could qualify but the monthly income is disproportionately high. These big yearly increases are telling me that they don’t want economic Northern immigrants 😬

[@TheTwoTravelersInMexico]

You're right you can't combine say your monthly income and investment accounts. They want one or the other. We agree that it is disproportionately high. They are pricing people out of the market as far as getting residency goes. -Marc

[@Gemni65]

I’m getting ready to retire and I’m thinking of moving to Mexico

[@TheTwoTravelersInMexico]

That’s fantastic. If you have any questions please feel free to reach out to us. -Marc

[@mmk421]

Been hearing overstay route works again for temporary residence in some inm offices.

[@TheTwoTravelersInMexico]

That has worked for some but there is one caveat in that you have to have visited and left Mexico before 2022 and it has to be reflected in your passport. -Marc

[@keithhannah8695]

@@mmk421 Was at the INM NAYARIT office in June, only 25 people per day processed. Three people, including one Australian women being represented by my facilitator got their residence through the " regularization program"

[@63saruman]

Isn't it much easier to marry a Mexican citizen?

[@TheTwoTravelersInMexico]

Hahaahaha. maybe........I think it takes a year doing it this way and there is no financials required.

[@jeanettelebarron3306]

Good luck with That

You may want to recheck your figures...as you made a mistake translating pesos to dollars in one of the qualifications you said

[@TheTwoTravelersInMexico]

I was using the basic exchange rate of 20 to 1. -Marc

[@TheTwoTravelersInMexico]

It’s the U.S. dollar amounts that are most important. -Marc

[@manuelericmijangos499]

Thank you for the information. On a different subject, can you do a video explaining how to transfer a substantial sum of money to a Mexican bank? I've heard you can do this through Wise for the lowest fees but they limit the amount you can send at any given time. Thank you for your valuable content.

[@kathysterndahl3134]

Talk to your Mexican bank. They will help you.

[@TheTwoTravelersInMexico]

You can do a bank to bank transfer from the US to a bank in Mexico. You'll need a CURP number for the transfer to go into the bank in Mexico. We can do a video on that. -Marc

[@camiller4916]

MoneyCorp can do large currency transfers. They’ve been in biz for 35 yrs, better price than Wise

[@manuelericmijangos499]

@@camiller4916 Thank you.

[@Lane9693]

You can ise tou combined ira, 401k/403B, Roth accts without having to have retired yet, as well. Just get your 4 most recent wiarterly statements to authenticate. It doesnt just have to be proceeds from the sale of a house.

[@TheTwoTravelersInMexico]

You can combine your investment accounts like you said. We were just using the sale of a house as an example. -Marc

[@Lane9693]

@T… Ok, thank you ! What ate houses costing now for one similar to the one you giys purchased? Any reason you chose Zslp over Queretaro? Gracias

[@TheTwoTravelersInMexico]

@@Lane9693 150 to 200 thousand USD. We chose SLP over Queretaro because SLP is a smaller city and easier to navigate. We love the Centro Historico in SLP. Queretaro is also a beautiful city but it is expanding in every direction and traffic ig getting worse in the main part of the city. -Marc

[@Lane9693]

@T Thanks for the reply. I eanted to consider SLP over QRO bit someone warned me that the air polition is mich worde in SLP - what do you giys think? Happy to see you both are doing so well.

[@jeremywheeler9348]

Hello and thank you for sharing. Can you share your source for the information? I am looking to apply soon. Thank you!

[@TheTwoTravelersInMexico]

Hi here is a link consulmex.sre.gob.mx/houston/index.php/tempresvisafinsolvency

[@belliott4844]

The Mexican consulate closest to your home location should have the requirements on their website and it can differ from consulate to consulate. The first step is done in your home country at the Mexican consulate.

[@Dave-eu3ib]

Only the rich now. Glad I got mine 3 years ago

[@TheTwoTravelersInMexico]

We're glad we did it 5 years ago. -Marc

[@shahmundell34]

Better options in other countries - Chile is one option I’m looking at

[@TheTwoTravelersInMexico]

Please let us know hue that goes for you. -Marc

[@peterz53]

Thanks! On home ownership, are you saying that you can only buy homes with values above about $1.1 million?

[@TheTwoTravelersInMexico]

If it’s just a house that you’re going to live in the value has to be at least 550,000 USD at an exchange rate of 20 pesos to the dollar. If you’re married you no not have to double that. The example we gave in the video was for capital investment in Mexico. This will vary somewhat by consulate. -Marc

[@bernardpaulsen825]

Mexico wants immigrants who spend money. Nothing wrong with that. Wife and I (67/62) got RP in August, did Canje in September. Selling house in April or May, then head down south.

[@TheTwoTravelersInMexico]

Congratulation’s. We hope the selling of your house goes well. Where in Mexico are you headed? -Marc

[@TrekkingwithDebandMike]

Great information

[@TheTwoTravelersInMexico]

Thank you for your kind comment. -Marc

[@beth2890]

We have about 2 Mil US in brokerage account but our combined pension is 3,700 US. the brokerage accounts accrue dividends of 1,500+ per month. Is that going to work?

[@TheTwoTravelersInMexico]

The money in the brokerage account should be plenty. They don’t let you combine things usually like monthly income and interest earned. They may want to see that the accounts are in your name and accounts in the other persons name. If that’s the case and the accounts are in both names one of you can qualify at one consulate and the other at a different consulate using the same banking statements. It doesn’t make sense but that’s how some people do it. Sometimes one qualifies and then once they get their residency the other person can come in under family unity without having to or I’ve income. Please feel free to reach out to us if you have other questions. -Marc

[@ashvoj]

You can earn better interest on US Treasuries or even on Robinhood (4.25% APY)

[@jeanettelebarron3306]

Can you count your monthly social security, IRA, and S&P 500. I have over 100k in investments & 1900$/mo. Single

[@TheTwoTravelersInMexico]

You should be ok with your investments. Your social security won’t be enough. -Marc

[@jeanettelebarron3306]

@@TheTwoTravelersInMexico Can't I combine them. I wonder how many middle class Mexicans earn more than 1900 a mo. Wages are very low there unless maybe you are a doctor or dentist.

[@jeanettelebarron3306]

I live in Az. I guess the closest consultant is Phx but not necessarily the cheapest/best

[@mamacat321]

It feels that this is how Mexico is saying they don't want US people moving there anymore.

[@TheTwoTravelersInMexico]

A lot of people are taking it that way. I know it's certainly becoming more difficult to do it. Thank you for watching and commenting. -Marc

[@mamacat321]

@@TheTwoTravelersInMexico It's weird though...if they don't want gentrification, they're kind of promoting it, by keeping out working and middle-class folks who are much more likely to want to appreciate rather than dominate the culture...

[@rfink222]

@@mamacat321 They also want people who can contribute to the economy and not end up being dependent on Mexico.

[@BuceriasRodHardy]

If you plan to live in Mexico, you should get Temporary or Permanent Residency so you can be a Legal Immigrant in Mexico.

[@TheTwoTravelersInMexico]

We completely agree Rod. We hope you are doing well. -Marc

[@jeanettelebarron3306]

@@BuceriasRodHardy Of course, if one can afford it

[@Starbeoghtuser3475]

If you can show $3000 per month from Social Security and you’re retired, can you get permanent residency? At age 62? or would you need to add investments to that?

[@anniesshenanigans3815]

they don't care what the source is.. you have to meet the very high limit they have set. Which is ridiculous for such a backwards place.

[@TheTwoTravelersInMexico]

No that will not be enough. -Marc

Need to clean up this video, edit and revise....too much repetition and at least one error and talking at the same time

[@TheTwoTravelersInMexico]

Thanks, it was intended to be a conversational style video. Sometimes l like to do that, it gives people an idea of who we are as people and in life sometimes couples interrupt each other. -Marc

[@ciscoxzy]

hola amigos

[@TheTwoTravelersInMexico]

Hola Wayne ~ Paulette

[@positivetimeline]

Who has a pension of almost $5,000? Is there hope for retirees? The new Liberal premier minister is a pain in the neck.

[@TheTwoTravelersInMexico]

Yeah, that’s difficult on Social security alone. -Marc

[@gregisunknown4860]

Good to see you guys!! Always enjoy you both. We were lucky moving to Merida three years ago, from the US!!

[@TheTwoTravelersInMexico]

Thank you for your kind comment. Are you good with the heat in Merida? It's a beautiful city. -Marc

[@gregisunknown4860]

@TheTwoTravelersInMexico because we moved from Florida we were pretty use to warm weather...

[@anniesshenanigans3815]

They are out of their minds. With their costs going up AND the requirements going up so much there is no point of moving. I can live here in Florida just as cheap and don't have to learn another language.. I know there are some things that are better there, but after watching videos for many years about various areas, it just sounds like to me they want only the rich to move there. I just want a place I can live off my SS and not siphon off my savings fast. And most places that are now 'affordable' there are not that nice.. Gringo pricing. Garbage everywhere, wild dogs and roosters.. Corrupt police.

[@TheTwoTravelersInMexico]

They are certainly pricing people out of the market as far as moving to Mexico.We're still living here in Mexico on about 40%of what it took us to live on in California. -Marc

[@camiller4916]

I’m tired and read corrupt rooosters

[@gregorygreenwood882]

Why should we expect Mexico to want people who can’t 100% support themselves? We don’t want their poor! I’m in Mexico right now. No comparison to the nightmare that is Florida.

[@jeanettelebarron3306]

Most Mexicans Dont earn that. If i move out of the country itll be to South America

[@TheTwoTravelersInMexico]

Do you have an idea as to which country in South America?-Marc

[@jeanettelebarron3306]

@TheTwoTravelersInMexico Perhaps Ecuador, Peru or Bolivia. They are very far away. I have birds, too so I couldn't live there full time

[@SoCalSurfer69]

But you can come to the US and need nothing, we will give you cash to live on.😢

[@TheTwoTravelersInMexico]

True for sure. However, Mexico has their rules; unlike the U.S. Like them or not, it is their rules set by Mexico. I think there WAY TO HIGH myself. But, hey, I don't make the rules either.

[@acajudi100]

Give them our money to buy homes, start businesses etc. as the steal trillions.

[@cherylpayne1376]

Where do you find a consulate, I live in davenport iowa, I have no idea where to start

[@TheTwoTravelersInMexico]

Here’s a list of Mexican consulates in the U.S. it looks like the closest to you is in Omaha Nebraska. www.gob.mx/sre/documentos/list-of-mexican-consulates-in-the-united-states?idiom=en

[@camiller4916]

Omaha is nearest I think

[@annalobdell7967]

Chicago won’t be too far.