Mexico Temporary Resident Visa
Mexico MEX
Last verified 2024-09-01Official source
Mexico's Temporary Resident Visa (Residente Temporal) is one of the most accessible long-stay visas in Latin America, offering up to 4 years of residency for individuals meeting modest income or savings thresholds. It is widely used by digital nomads, retirees, and remote workers drawn to Mexico's lifestyle and affordability.
Program Details
- Category
- Passive Income
- Processing Time
- 1 months
- Application Fee
- $40
- Minimum Income
- $1,620/yr
- Minimum Investment
- N/A
- Family Included
- Each additional adult dependent adds 100x daily minimum wage (~$540/month) to the income requirement
- Path to PR
- Yes — 4 years
- Path to Citizenship
- Yes — 5 years
- Physical Presence
- No minimum annual days specified, but must maintain ties to Mexico; extended absences may affect renewal
- Dual Citizenship
- Allowed
- Tax Impact
- Spending 183+ days per year in Mexico triggers Mexican tax residency; worldwide income is then subject to Mexican tax. Mexico taxes foreign income for residents, which can be significant for high earners.
- Renewal Cost
- $40
Approximately $1,620/month (300x Mexico City daily minimum wage) for the income-based route, OR approximately $27,000 in savings/investments (5,000x daily minimum wage). Thresholds adjust periodically with Mexico's minimum wage.
Key Requirements
- ✓Proof of monthly income of ~$1,620+ from any source (employment, freelance, pension, investments)
- ✓OR proof of savings/investments of ~$27,000+ in the past 12 months
- ✓Bank statements for the past 12 months
- ✓Valid passport
- ✓Application at a Mexican consulate in your home country (cannot be done from within Mexico on a tourist permit)
- ✓Consulate fee of approximately $40 USD
- ✓After arriving in Mexico: exchange visa for a Temporary Resident Card at INM (immigration office)
passive-incomeretirementremote-worklatin-americaflexibleaffordable