Mexico Retirement Visa – Documentation, Requirements and Validity (2023)

If you are planning to retire in Mexico, you will need a Mexico Retirement Visa. Mexico is a beautiful place to retire because there are many good reasons. For example, the cost of living is lower than in America, and health care is affordable and available. Mexico City also has many incredible parks and museumstourists. In addition, Mexico has good weather all year round and there is a lot to do and see here.

Mexico is a beautiful country as it is a relatively safe area to live in. Crime rates are pretty low and it's nice to walk around at night or in the inner cities.

Mexico offers a fantastic culture and many dishes that will please every palate. From spectacular Mexican cuisine to international cuisine, people of all ages can be sure to find something to satiate their appetite in Mexico. This article provides all the necessary information about a retirement visa for Mexico.

What is a Mexico Retirement Visa?

A Mexico retirement visa is an excellent option that will allow you to spend your golden years in Mexico. This type of visa allows you to live in the country full-time or part-time, depending on your preferences. The visa even allows you to work in Mexico to fund your retirement.

Also, the visa is valid for up to four years, so you can live in Mexico for as long as you like. To qualify for a Mexico retirement visa, you must be 45 years of age and have a monthly income of at least $2,000. You must also have health insurance and a valid passport.

Types of retirement visas for Mexico

There are different types of Mexico visa for retirees depending on your individual requirements. The most popular is the temporary retiree visa, which allows you to stay in Mexico for up to two years. To be eligible, you must be 50 years of age or older and have a monthly income of at least $2,000.

(Video) Applying for Residency at a Mexican Consulate (Economic Solvency)

Another type of retirement visa is the permanent resident visa. This visa is valid for longer periods and does not require a monthly income. But the other types of retirement visas are easier to obtain.

Finally, the investor visa, which allows retirees to become entrepreneurs in Mexico, lasts for up to four years. It does not require a job or proof of income.

Recommended: Steps to Apply for Mexico Permanent Residence

Mexico Retirement Visa Exceptions

Currently, Mexico is granting retirement visa exemptions to a few lucky countries. Suppose you are a citizen of the United States, Canada, Argentina, Chile, Costa Rica, El Salvador, Guatemala, Honduras, Japan, Monaco, Nicaragua, Panama, Paraguay or San Marino. In this case, you can live in Mexico without a visa for up to 180 days. In addition, you can extend the validity of your passport for an additional 30 days if you apply for the extension at least five days before your passport expires.

If you have a valid visa from one of these countries, you can stay in Mexico for up to 180 days without obtaining a separate retirement visa. This exemption also applies to permanent residence in one of these states.

How to Apply for a Mexico Retirement Visa

If you are interested in spending your retirement in Mexico, you may consider applying for a Mexico retirement visa. It's a simple process and can be completed online.

(Video) Residency in Mexico- 2023 Income Requirements. temporary residency

You must first collect documents proving your citizenship, residency, and physical exam. Required documents include:

  • Her passport.
  • Proof of income (e.g. bank statements or pension payments).
  • Proof of residency in your current country.
  • A letter from your doctor confirming that you are fit to travel.

Once you have gathered the required documents, you can apply online through the Mexican government’s National Institute of Migration website. You need to create an account and pay a registration fee of around $26.

Once you have completed all entry requirements, you will be contacted for an interview at the Mexican consulate in your area.

Eligibility Criteria

To qualify for the visa, you must be at least 45 years old and have health insurance or a retirement account with an income of at least $2,000 per month. You will also need a valid passport and proof of income for your health insurance or pension account.

The Mexico retirement visa is valid for four years and allows you to live in Mexico full-time. You can also work in Mexico if your job would not compete with other citizens for the same work. If you can meet the eligibility requirements of this visa, it could be a pleasant way to begin your golden years in the Mexican sunshine.

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Required Documents for Mexico Retirement Visa Application

Mexico has introduced a special visa category for retirees, making life in the country easier. However, you must provide certain documents to qualify for the retirement visa. Below is a list of all the documents you need to submit.

  • You should provide proof of income required for living in Mexico. It can be pension or social security expenses, capital gains or labor income.
  • You should also prove that you have health insurance.
  • The minimum validity of a valid passport is six months.
  • A birth certificate is proof of your biological identity.
  • your marriage certificate
  • A copy of your divorce agreement if you have already completed one.
  • A police report from your home country with convincing evidence of no criminal record is required.
  • Two passport photos are required.

Mexico Retirement Visa Benefits

Mexico is a great location for retirees for a number of reasons. A major reason is the low cost of living, which is much lower than in North America. In addition, the weather is warm and sunny all year round, and there are also plenty of activities and facilities nearby.

Mexico has an excellent infrastructure and there is plenty of public transport. The Mexican government also offers great benefits to retirees, such as: B. Discounts on medical services and prescription drugs.

frequently asked Questions

How can I stay permanently in Mexico?

If you want to live in Mexico long-term, it may be helpful for you to take steps to achieve your goal. First, you should find a job that offers sponsorship. If you find work, the next step is to apply for a temporary or permanent visa, depending on how long you will be living in Mexico.

Residence visas come in different varieties, so it's important to do some research to find one that's right for you. Keep in mind that the process can be difficult and time-consuming, and it is often beneficial to consult an immigration attorney. However, with the right papers in hand, you should be able to enjoy all that Mexico has to offer for many years to come.

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Where do most expats live in Mexico?

Beach towns like Puerto Vallarta and Cabo San Lucas, colonial cities like San Miguel de Allende and Merida, and mountain regions like Lake Chapala and Cuernavaca are some of the most popular places for expats to live in Mexico. In general, expats congregate in areas where they feel comfortable and can find other expats nearby. This makes it easier to build social contacts and offers a supportive network for difficult situations.

What are the pros and cons of living in Mexico?

Living in Mexico has many advantages and disadvantages. Some pluses are the affordable cost of living, amazing food, beautiful scenery and friendly people.

Some disadvantages are the pollution, dangerous crime rate and lack of health care facilities. Overall, Mexico is a great place to live if you're looking for an affordable and laid-back lifestyle. However, it is important to understand the potential dangers of living in such a large country.

How much does a house in Mexico cost?

The cost of a home in Mexico varies by location and other factors. However, according to a study by the National Institute of Statistics and Geography (INEGI), the average house price in Mexico was $177,000 in 2016. This price varies by region; For example, the average cost of a home in Mexico City is much higher than in rural areas.

Many factors affect the cost of a home in Mexico. Some of these include the age and condition of the property, its size and location, and any special features or amenities that are included. Additionally, buyers should be aware that buying a property in Mexico usually involves paying various taxes and fees such as: B. Bank transfer and notary fees.


Finally aMexicoRetirement Visa can be a great way to enjoy your retirement. You can live in a beautiful and sunny country while enjoying all the benefits of permanent residence. If you are interested in learning more about itVisaor apply for one, contact an immigration attorney.

(Video) 2023 Mexican Economic Solvency Residency Requirements and Fees

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What documents do I need to retire in Mexico? ›

Establishing residency

For retirees who want to live in Mexico, the first stop is to visit the nearest Mexican consulate and apply for a permanent resident visa. You'll be required to: Fill out a visa application form and pay a $48 application fee. Provide a valid U.S. passport and a color picture.

What is the validity of Mexico visa? ›

General Information. A visitor visa allows you to stay in Mexico for a period of up to 180 days, provided that you are not carrying out any paid activities.

How do you qualify for a retirement visa in Mexico? ›

Which documents do I need to apply for the Retirement Visa?
  • Visa application form.
  • Original and photocopy of passport.
  • One passport-size photo.
  • Bank Statement.
  • Proof of pension.
  • Proof of investment or bank accounts with an average monthly overall balance equivalent to USD $85,000 (12 months).

What are the requirements for a retirement visa? ›

A retirement visa will allow you to spend your well deserved retirement years in a foreign country. To be granted a retirement visa, you must be of retirement age (typically from 50 years of age and above) and have enough money to support yourself.

What is proof of income for retirement? ›

a copy of financial or bank account statement, a copy of signed federal income tax return, an IRS W-2 form, or. an IRS 1099 form.

How long does it take to get a retirement visa for Mexico? ›

Mexican Permanent Resident Visa Processing Time

The processing time for a Mexican Temporary Resident Visa changes from embassy to embassy, so you can expect to wait anywhere from one week to a month to receive a visa.

What happens if visa validity expires? ›

Expiration of Visa vs.

The status does not end when the visa expires. However, you will require a valid visa anytime you seek entry into the U.S. If your visa expires and you are traveling internationally, you will need to get a new visa before returning to the U.S.

Does Mexico have a 6 month validity rule? ›

The Mexican government only requires that your passport must be valid during the entirety of your trip. Please contact the airline(s) you will be flying on to ensure that they let you board the plane as the United States does have a six months validity rule for passports that may apply.

Can you stay in Mexico for 6 months without a visa? ›

Visa-exempt travelers who come to Mexico for tourism or business can stay for a maximum of 180 days without a visa, while travelers who want to transit through the country can stay for a maximum of 30 days visa-free.

How much American money do you need to retire in Mexico? ›

The income requirements can vary between consulates. If you're applying for a Mexican temporary residency, the income requirements in 2023 start at USD 2,700 and up to USD 3,300 monthly income or USD 43,000 and up to USD 53,000 savings/retirement accounts over the past 12 months.

How long is a retirement visa good for? ›

The visa is renewable every year and the renewal process can be done inside Thailand (requirements for the visa renewal still apply).

How much income do you need for retirement visa? ›

This is a temporary residency visa targeted at financially self-sufficient retirees. In order to meet the program's minimum income requirement, you'll need to provide proof of income of US$1,000 per month (or equivalent) from a permanent pension source or a retirement fund.

What is the easiest retirement visa to get? ›

Belize is the easiest residency program for retirees. If you have about $2,000 a month in guaranteed payments, you can become a resident of Belize through their QRP program. Belize is focused on bringing in retirees and those with fixed incomes. But, you don't need to be retired to qualify.

Which country has the easiest retirement visa? ›

Portugal. Besides being one of the easiest places to get a retirement visa, Portugal is also one of the cheapest countries to retire in. It is a popular destination among retirees who want a place with warm temperatures, a low cost of living, excellent healthcare, and high quality of life.

How long can I live in Mexico as a US citizen? ›

Can Americans Legally Live in Mexico? By law, American tourists can stay in Mexico for up to six months. For many snowbirds and retirees, six months is more than enough. They head south for the chilly winter months and come back to enjoy spring and summer stateside.

What are two proofs on income? ›

Paystubs and Other Documents to Prove Income

Employment Verification Letter: An employment verification letter verifies income or salary and dates of employment. Bank statements: Your bank statements document all of your incoming deposits, including payroll deposits, and the checks and debits coming out of your account ...

What are retirement documents? ›

Documents they may request include your Social Security card, a certified copy of your birth certificate, proof of citizenship if you were not born in the U.S., military discharge papers, a copy of your marriage license or divorce papers, and a copy of your W-2 form (or self-employment tax return) for last year.

What type of document would be provided as proof of income? ›

Pay stubs, earnings statement or W- 2 form identifying employee and showing amount earned period of time covered by employment. Signed and dated form or letter from employer specifying amount to be earned per pay period and length of pay period.

How much bank balance is required for Mexico tourist visa? ›

Financial Solvency: You must choose options a) or b): Investment or bank accounts with a monthly ending balance of at least 300 days of the current general minimum wage in Mexico City (approx. $2,500.00 USD).

Can I collect Social Security and live in Mexico? ›

If you are a U.S. citizen, you may receive your Social Security payments outside the U.S. as long as you are eligible for them.

What happens to your Social Security if you move to Mexico? ›

If I retire in Mexico will I lose my social security? No, U.S. citizens can collect social security in Mexico. There are a few countries the U.S. will not send benefits to and your payments are withheld until you return to the US, but Mexico is not one of them.

Does visa expire if not used? ›

A visa becomes effective from the date of issuance. The visa automatically becomes invalid once its period of validity expires regardless of whether its entries are used up or not. Chinese embassies and consulates general do not extend the validity of an issued visa.

Can I return to the US if I overstay my visa? ›

Visa overstays may be barred from returning to the U.S. for ten years or three years depending on the period of overstay or “unlawful presence”. Visa overstays may be restricted from applying for Extension of Stay or Change of Status. Visa overstays will have their existing visa automatically revoked or cancelled.

How long do I have to wait before I can come back to the US after a 6 month stay using a tourist visa? ›

How Soon Can You Visit the U.S. Again on a B Visa? Technically you can visit the United States whenever you want to if you have a B1/B2 visa and a valid passport. There aren't any rules or laws requiring you to wait a specific time before you are allowed to return.

What happens if my Mexican visa expires? ›

Residency card expires when you are inside Mexico

If your card is more than 60 days past its expiry date you cannot renew your residency card and must start over again with the application process.

How can I stay longer than 6 months in Mexico? ›

Can I extend my stay in Mexico? You need to go to any INM office to request an extension of your visa. You need to have with you your valid passport and the tourist card you filled out. You will also need to prove that you can finance your stay and you will have to pay a fee to extend the visa.

Does a Mexican visitor's permit no longer guarantee a 180 day stay? ›

The 180-day maximum is no longer the default

Under Mexico's immigration rules, the maximum time you are allowed to stay in Mexico under the auspice of a visitor permit (FMM) is 180 calendar days.

Can a US citizen retire in Mexico? ›

Visas for Retiring in Mexico

The shortest option is applying for a tourist visa. These cover your stay for almost six months. As a retiree, you can choose to apply for a temporary resident visa which lasts for up to four years. To get the process started, visit your nearest Mexican consulate.

How long can US citizen live in Mexico without visa? ›

Mexico's visitor visa allows entry into the country for leisure or business visits lasting maximum 180 days. The immigration official at the port of entry will grant a specific number of days (not exceeding 180) when you arrive in Mexico.

Can a US citizen stay out of the country for more than 6 months? ›

Absences of more than 365 consecutive days

You must apply for a re-entry permit (Form I-131) before you leave the United States, or your permanent residence status will be considered abandoned. A re-entry permit enables you to be abroad for up to two years.

Do U.S. retirees pay taxes in Mexico? ›

As a US expat living in Mexico, you're subject to tax obligations in both countries. Mexico taxes worldwide income, meaning you must file tax returns and pay taxes in the US and Mexico.

Do I have to pay taxes if I retire to Mexico? ›

You still pay taxes when retiring abroad. If you retire in Mexico, you will still file a tax return and report income just as you would if you retired in the U.S.

Can you retire with 300K and Social Security? ›

Can I Retire At 55 With $300K? You can retire at 55 with $300,000 earning $16,440 annually for the rest of your life. Starting at age 62, you can start your Social Security Benefits.

What is the three year rule for retirement? ›

Under the “Three-Year Rule,” amounts you receive are not taxed until your after-tax contributions are recovered. Once your contributions are recovered, your pension or annuity is fully taxable.

What is the 75 year rule for retirement? ›

You are eligible to receive retiree benefits if you meet the “Rule of 75”. This rule states that you must be a minimum of 55 years of age and have a minimum of 10 years of continuous full-time service; if you meet both minimums, then the total of your age and years of service must equal at least 75.

What is the 2 year rule for US visa? ›

It requires you to return home for at least two years after your exchange visitor program. This requirement is part of U.S. law, in the Immigration and Nationality Act, Section 212(e). If you cannot return home for two years, you must apply for a waiver.

What is the 4 retirement income rule? ›

In the first year of retirement, you can withdraw up to 4% of your portfolio's value. If you have $1 million saved for retirement, for example, you could spend $40,000 in the first year of retirement following the 4% rule. Beginning in year two of retirement, you adjust this amount by the rate of inflation.

What is the 120 rule for retirement? ›

The 120-age investment rule states that a healthy investing approach means subtracting your age from 120 and using the result as the percentage of your investment dollars in stocks and other equity investments.

How much retirement income do I need per month? ›

Based on the 80% principle, you can expect to need about $96,000 in annual income after you retire, which is $8,000 per month.

What country can US citizens stay the longest without a visa? ›

Canada – 180 days

You can stay here for up to 180 days before having to go elsewhere.

How long can a retired US citizen stay out of the country? ›

If you leave the U.S., we will stop your benefits the month after the sixth calendar month in a row that you are outside the country. You can make visits to the United States for specific periods of time, depending on how long you've been outside, to continue receiving your benefits.

What is the easiest European country for a US citizen to retire to? ›

Greece and Malta are some of the easiest and best places to retire in Europe, as they have large English-speaking communities. Other European destinations that are also suitable for retirement are Portugal, Spain, and Turkey.

Which country has the toughest visa process? ›

North Korea is by far the most difficult country to get a visa to visit as a tourist. To get a visa to North Korea, you have to apply for the visa through a tourist agency that has state-approved tours.

What is the #1 retirement country? ›

These include health, quality of life, material well-being and finances during retirement. With an overall score of 81%, Norway is the most retirement-friendly country on the list.

Which country has toughest visa? ›

Hardest countries to get a visa
  • North Korea.
  • China.
  • Russia.
  • Saudi Arabia.
  • Bhutan.
  • Pakistan.
  • Nigeria.
  • Turkmenistan.

Can a US citizen just move to Mexico? ›

Canadian and U.S. citizens can move to Mexico if they meet the requirements for a visa and go through the proper channels.

Does Medicare work in Mexico? ›

The most common question from US citizens looking to travel or retire in Mexico is whether their Medicare coverage is valid here. The simple answer is no. Medicare is only available to citizens and permanent residents of the USA who are residing in the USA.

Can I collect Social Security if I retire to Mexico? ›

If you are a U.S. citizen, you may receive your Social Security payments outside the U.S. as long as you are eligible for them.

Can I take my Social Security to Mexico? ›

Yes, you can claim your Social Security benefits no matter where in the world you live.

What happens to my Social Security if I move to Mexico? ›

If I retire in Mexico will I lose my social security? No, U.S. citizens can collect social security in Mexico. There are a few countries the U.S. will not send benefits to and your payments are withheld until you return to the US, but Mexico is not one of them.

How long can you live outside the U.S. and still collect Social Security? ›

If you leave the U.S., we will stop your benefits the month after the sixth calendar month in a row that you are outside the country. You can make visits to the United States for specific periods of time, depending on how long you've been outside, to continue receiving your benefits.

What is the 5 year rule for Social Security? ›

You must have worked and paid Social Security taxes in five of the last 10 years. If you also get a pension from a job where you didn't pay Social Security taxes (e.g., a civil service or teacher's pension), your Social Security benefit might be reduced.

Can a US citizen live permanently in Mexico? ›

Everyone who intends to move to Mexico for a period longer than six months must have a Resident Visa and a Resident Card, depending on the duration and purpose of their stay. Foreigners who want to settle in Mexico permanently must have a Mexican Permanent Resident Card.

Do US citizens pay taxes in Mexico? ›

As a US expat living in Mexico, you're subject to tax obligations in both countries. Mexico taxes worldwide income, meaning you must file tax returns and pay taxes in the US and Mexico.

What are the pros and cons of retiring in Mexico? ›

Lifestyle and culture in Mexico
  • + PRO: Warm and welcoming people. ...
  • + PRO: Rich in cultural celebrations and cuisine. ...
  • + PRO: Fascinating history. ...
  • - CON: Language barriers complicate many aspects of life. ...
  • - CON: Patience is fundamental. ...
  • + PRO: Relaxed visa policy. ...
  • - CON: Bureaucracy and paperwork can get overwhelming.

How do I get the $16728 Social Security bonus? ›

To acquire the full amount, you need to maximize your working life and begin collecting your check until age 70. Another way to maximize your check is by asking for a raise every two or three years. Moving companies throughout your career is another way to prove your worth, and generate more money.

Can a U.S. citizen live abroad and still collect Social Security? ›

If you earned Social Security benefits, you can visit or live in most foreign countries and still receive payments. Look up the country on the SSA Payments Abroad Screening Tool to be sure you can receive your payments.

How long can I live in Mexico as a U.S. citizen? ›

Can Americans Legally Live in Mexico? By law, American tourists can stay in Mexico for up to six months. For many snowbirds and retirees, six months is more than enough. They head south for the chilly winter months and come back to enjoy spring and summer stateside.

Can I live in Mexico with $1400 a month? ›

With a monthly budget of $1,000-$1,400, everyone will find their life comfortable in Mexico. You can rent at least a one-bedroom apartment with air conditioning in a good location. Moreover, you can even afford a maid once per week. They charge only $3-$4 per hour.

How much money do you need to get permanent residency in Mexico? ›

How qualifying 'multiples' work
Residency TypeMultiple: Monthly IncomeMultiple: Savings Balance
Temporary Residency300x UMA or MDW5,000x UMA or MDW
Permanent Residency500x UMA or MDW20,000x UMA or MDW
Dependent Spouse100x UMA or MDW100x UMA or MDW
Dependent Minor100x UMA or MDW100x UMA or MDW
2 more rows


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