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HUGE Changes today to Mexican immigration law

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HUGE Changes today (10 Oct 2014) to Mexican immigration law

These changes apply to visas issued at Mexican consulates outside Mexico. I am assuming that there will be a publication soon applicable to people renewing within Mexico to harmonize the new lower financial requirements.

Reduced income requirements for temporary residence, new income / asset requirements:

Balances in bank 5,000 days minimum wage (67.29 pesos) $336,450 pesos or $25,164US, down from old minimum of 20,000 days minimum wage or $1,345,800 pesos or $100,658US at todays exchange rate.

Monthly income 300 days minimum wage (67.29 pesos) $20,187 pesos or $1,510US down from old minimum of 400 days or $26,916 pesos or $2,013US

1. Original y copia de comprobante de inversiones o cuentas bancarias con saldo promedio mensual equivalente a cinco mil días de salario mínimo general vigente en el Distrito Federal, durante los últimos doce meses; o

2. Original y copia de los documentos que demuestren que cuenta con empleo o pensión con ingresos mensuales libres de gravámenes mayores al equivalente de trescientos días de salario mínimo general vigente en el Distrito Federal, durante los últimos seis meses.

Permanent residents have same income requirements but lower asset requirements:

Balances in bank 20,000 days minimum wage (67.29 pesos) $1,345,800 pesos or $100,658US down from old requirement of 25,000 days minimum wage or $1,682,250 pesos or $125,822US using todays exchange rate.

Presentar los documentos que acrediten alguno de los siguientes supuestos:

a. Jubilados o pensionados:

1. Original y copia de comprobante de inversiones o cuentas bancarias con saldo promedio mensual equivalente a veinte mil días de salario mínimo general vigente en el Distrito Federal, durante los últimos doce meses, o

2. Original y copia de los documentos que demuestren que cuenta con pensión con ingresos mensuales libres de gravámenes mayores al equivalente de quinientos días de salario mínimo general vigente en el Distrito Federal, durante los últimos seis meses.

These changes should allow more foreigners to enter as temporary residents and start a small business as one needs their immigration document to be able to get CURP and RFC numbers to be able to set up a business.

The changes also talk about requiring apostilles and translations for documents used at consulates but then also mentions the point system for permanentes so hopefully they publish it soon. Another publication should be forthcoming to integrate the changes published for the consulates for the practices with Mexico by immigration so that those within Mexico can take advantage of the new lower limits.

The changes were published in the Diario Oficial today, Friday October 10, 2014 and take effect 5 business days after publication, Friday October 17, 2014

http://www.dof.gob.mx/nota_to_doc.php?codnota=5363602

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That's big news. Spencer, there's a small error in what you posted...

"Permanent residents have same income requirements but lower asset requirements:"

...here you mean higher asset requirements, I think. Thanks for keeping us informed!

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you mentioned for permanente, income requirements were "the same" but what are they? thanks

Monthly income 300 days minimum wage (67.29 pesos) $20,187 pesos or $1,510US

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Monthly income 300 days minimum wage (67.29 pesos) $20,187 pesos or $1,510US

That's for Temporal .... unclear on Perm

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Gosh that sounds good, but does it also mean another protracted learning curve for the INM staff and delays in processing paper work applications..I hope not

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Wow! Someone was listening! This will be great for folks wanting to retire in Mexico!

Note that the news reports are talking about the "Presidente" [Mayor] of Mexico City trying to raise the daily minumum wage recently by about 25%.

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Permanent resident income requirements are the same, asset requirements dropped about 20%.

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Note that the news reports are talking about the "Presidente" [Mayor] of Mexico City trying to raise the daily minumum wage recently by about 15%.

The key word is "trying."

Even at that, the requirements would be much easier to meet.

Spencer, I'm curious as to why they didn't just issue these as the new general requirements instead of leaving out people renewing in country. Do you think that will be rectified shortly? This would definitely affect my wife's decision on going Permanente early.

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I think the income requirement before was to be treated as a suggestion. Mexican immigration officials can bend the rules to their will - this sometimes where it is better not to hire a facilitator, you have to show up with cap in hand and take it from there with personality and humility. But the bureaucratic mind often does not work that way, personal prejudices come into play, and the mindset that no government employee ever gets in trouble for saying no. Let a higher up take the risk.

We had the same problem in Canada until the immigration act was reformed in 1996. Now there are some great potential immigrants who are rejected, and some slimy, lizards who tick all the squares and have to be approved. U.S. immigration requirements have always been very strict and regulated - unless political favors or witness protection is involved. I imagine Canada is involved with this too, maybe upon the request of the U.S.A. I have no experience and heard no reports though.

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Income requirements as suggestions? They are the law just like red lights and speed limits are not suggestions. I have seen people denied who have represented themselves and by facilitators for not meeting the requirements. I see these changes as very positive.

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The key word is "trying."

Even at that, the requirements would be much easier to meet.

Spencer, I'm curious as to why they didn't just issue these as the new general requirements instead of leaving out people renewing in country. Do you think that will be rectified shortly? This would definitely affect my wife's decision on going Permanente early.

Here is a news article on the proposed 25% increase, not 15% as I remembered it to be.

"Digital Millennium

8/28/2014 2:17 PM

Mexico City

The head of government of the Federal District, Miguel Angel Mancera, considered his proposal to increase from 67.29 to 82.86 pesos minimum daily wage is viable from 2015."

http://www.milenio.com/df/aumento_salario_minimo-salario_minimo_2014-propuesta_salario_Mancera-salario_DF_0_362363937.html

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I am expecting these new guidelines to apply to people in country but they first revised those for people applying at consulates, they are two separate laws. I shortly expect them to publish changes to in country applications as well as to hear something on the new point system. The new publication also emphasized that to go permanent due to marriage one had to be temporary two years.

As far as raising the minimum wage in Mexico City, we will need to see if they apply it only to Mexico City as a local type of law or if they will due it through the National Commission on Minimum Wage.

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As far as raising the minimum wage in Mexico City, we will need to see if they apply it only to Mexico City as a local type of law or if they will due it through the National Commission on Minimum Wage.

Even if it goes through all channels as you noted I presume the SEGOB INM will adjust the financial solvency requirements to closely match todays reform. Why wouldn´t they?

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They should match but it is a different law so the other guidelines logically should be adjusted soon and published, lets wait a week to 10 days and likely it will happen, I will publish articles informing all of the changes.

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Only if they are Ginzu! Don't sell out too cheap!

:D

Thanks to Spencer for being here first with this important breaking news!

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The minimum INCOME requirement for permanente is the same but what is the

current figure in USD? thanks

500 days minimum wage (67.29 pesos) 33,645 pesos divided by 13.44 = $2,503.00 US

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There is no fixed USD amount, as you can see. It is based upon the peso minimum wage, as indicated. As such, the USD amount will change with the exchange rate.

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excellent! more poor people coming besides the poor mexicans!....wow!

Given the interests you list under your avatar,your comment doesn't surprise me.

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