The Independent Means Visa in Mexico (also known as Temporary Residency By Economic Solvency in Mexico) offers temporary residency to qualified individuals who can demonstrate financial stability through income or savings.
Statistics
The Temporary Residency By Economic Solvency program in Mexico provides a pathway to temporary residency for individuals with stable income or significant savings. This program is designed to attract retirees, investors, and other individuals looking to establish residency in a country with rich culture, diverse landscapes, and a favorable climate.
Minimum Income Amount
US$1,620 per month
Visa-Free Travel Countries
152
Months to Visa
1-2 months
Overview
A pathway to temporary residency for qualified individuals with stable income or savings in Mexico
Eligibility Requirements
Individuals with passive income from a foreign source
Anchor Ancestor restrictions
Months to citizenship
Length of Visa
1 year, renewable for up to 4 years
Months to Visa
1-2 months
Physical Presence Requirement
None specified
Availability
High
Family Allowance
Spouse and children
Overview
Independent Means Visa in Mexico (Temporary Residency By Economic Solvency)
The program offers numerous advantages for individuals looking to establish their presence in Mexico's vibrant and diverse country.
Submit application at a Mexican Consulate in your home country or country of legal residence
Overview
To qualify for the Independent Means Visa, applicants must meet specific criteria demonstrating their economic solvency.
Overview
Completed and signed visa application form
Recent Passport Photo
Copy of the Information of Passport
Proof of income for the last 6 months or savings for the last 12 months
Bank statements or investment documents
Police clearance certificates
Marriage Certificate
Birth certificates of dependents (if applicable)
Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.
We'll help you gather and organize the documents you need for applying.
Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.
How long does it take to process an Independent Means Visa application for Mexico?
The processing time is typically 1-2 months from the point of submission.
Can I include my family members in my Mexican Independent Means Visa application?
Yes, you can include your spouse and dependent children in your application.
What types of income or savings qualify for economic solvency in Mexico?
Regular income from any source or savings/investments in bank accounts or investment portfolios can qualify.
How often do I need to renew my residency permit?
The initial temporary residency permit is valid for 1 year and can be renewed annually for up to 4 years.
Can Independent Means Visa holders apply for Mexican citizenship?
Yes, visa holders can apply for Mexican citizenship after holding permanent residency for at least 5 years, subject to meeting other requirements such as Spanish language proficiency.
Mexico offers a rich cultural heritage, diverse landscapes, and a welcoming environment for foreign residents.
Benefits:
Advantages:
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