Mexico is the top retirement destination for North American expats, offering cultural richness, warm hospitality, and a low cost of living. Residency requires meeting financial solvency tests set by Mexican consulates.
Residency Pathways and Income Brackets
Basing requirements on the Mexican minimum wage, the solvency figures (which vary slightly by consulate) are directionally:
- Temporary Residency (Residente Temporal): Requires a monthly passive income of ~$3,200 USD over the last 6 months, OR investment/savings balances averaging ~$54,000 USD over the last 12 months.
- Permanent Residency (Residente Permanente): Requires a monthly passive income of ~$4,300 USD, OR investment/savings balances averaging ~$215,000 USD.
Residency Solvency Calculator
Estimated Residency Solvency Status:
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