Mexico Retirement Visa

At a glance

Program

Economic Solvency (also open to retirees)

Income (temporary)

~USD 4,400/month or ~USD 74,000 in savings

Permanent

~USD 7,400/month or ~USD 296,000

Cost of living

Low

Location

Close to the US

Benefits

• Warm climate and low cost of living.
• Proximity to the US.
• Path to permanent residence and citizenship.
• Family members can be included.

Requirements

• Sufficient income or savings/investment.
• Clean criminal record.
• Consular application.

Costs

Proof of income

~USD 4,400 - 7,400/month

Savings alternative

~USD 74,000 - 296,000

Process

1. 01

   Eligibility and income check

   Confirm you meet the economic solvency threshold: roughly USD 4,400 per month in income or USD 74,000 in savings for temporary residence.

2. 02

   Document preparation

   Gather bank statements or income proof, a clean criminal record certificate, and health documentation.

3. 03

   Application

   Apply for a temporary resident visa at a Mexican consulate in your home country before traveling.

4. 04

   Approval and residence card

   After entering Mexico, exchange your visa for a temporary residence card at the national immigration institute (INM).

5. 05

   Renewal / permanent residence

   Renew temporary residence for up to four years, then apply for permanent residence with continued proof of solvency.

FAQ

Does Mexico have a separate retirement visa?

No; retirees obtain residence on the basis of economic solvency (income or savings).

Income or savings?

Both are accepted; regular income or a specified amount of savings/investment can be shown.

When can I move to permanent residence?

After four years of temporary residence renewals; direct permanent residence is also possible with proof of higher income/savings.

Can I include my family?

Yes. A spouse and dependent children can be included in the application.