04/08/2025
The Mexican Secretary of Government published changes to the immigration law. These take effect on August 1, 2025.
Current immigration requirements and amounts are as follows:
To qualify for the temporary visa you must show a monthly income of 300 times the minimum wage (for 2025 it is 278.80 pesos) or 83,640 pesos or $4,040 US dollars using an exchange rate of 20.70 to 1 (using January 10, 2025 exchange rate). This must be documented with 6 months bank statements. People who have liquid assets may qualify showing that they have maintained an average balance of 5,000 times the minimum wage (for 2025 it is 278.80 pesos) or 1,394,000 pesos or $67,343 US dollars using an exchange rate of 20.70 to 1 (using January 10, 2025 exchange rate). This must be documented with 12 months bank statements.
You may qualify for a temporary visa if you own real estate in Mexico. You need to own property that is worth 40,000 times the minimum wage (for 2025 it is 278.80 pesos) or $11,152,000 pesos or $538,743 US dollars using an exchange rate of 20.70 to 1 (using January 10, 2025 exchange rate).
To qualify for the permanent visa they must show a monthly income of 500 times the minimum wage (for 2025 it is 278.80 pesos) or $139,400 pesos or $6,734 US dollars using an exchange rate of 20.70 to 1 (using January 10, 2025 exchange rate). This must be documented with 6 months bank statements. People who have liquid assets may qualify showing that they have maintained an average balance of 20,000 times the minimum wage (for 2025 it is 278.80 pesos) or 5,576,000 pesos or $269,372 US dollars using an exchange rate of 20.70 to 1 (using January 10, 2025 exchange rate). This must be documented with 12 months bank statements.