Permanent Residency (Residente Permanente)

Permanent residency offers an indefinite stay in Mexico and comes with a wider range of benefits, including the right to work, access to national healthcare, and the ability to own property. It also provides a clear pathway to Mexican citizenship.

Pathways to Permanent Residency

There are several routes to obtain permanent residency:

• After Temporary Residency: The most common pathway is to apply after you have held a temporary residency visa for four consecutive years.
• Family Ties: You can apply for permanent residency after just two years if you are married to a Mexican citizen.

Immediate Residency

You can also apply for permanent residency directly if you meet specific financial thresholds, often referred to as a “retiree” or “financially independent” visa.

Financial Requirements

To qualify immediately, you must demonstrate a significantly higher level of financial solvency. The exact amounts vary by consulate and are subject to change, but are generally based on one of these two options:

• Monthly Income: You must prove a stable monthly income of approximately $3,145 USD for the last six months. This income must be from a verifiable source like a pension or foreign salary.
• Savings/Investments: You must show a verified balance of approximately $157,000 USD in savings or investments over the last 12 months.

Important Final Note

Remember, these financial requirements are updated annually. Always confirm the latest figures with the specific Mexican consulate where you plan to apply.