Intercasa Posted December 29, 2014 Report Share Posted December 29, 2014 http://www.chapalalaw.com/immigration-2/ The Mexican government published changes to the immigration regulations in October, 2014 which lower the financial requirements in order to apply for temporary and permanent visas at Mexican consulates outside Mexico. They still have not changed the rules for applying within Mexico. This will affect people who renew late and need to do a regularization (residente temporal) as well as people who want to change from temporary to permanent before completing four years residency. VISA REQUIREMENTS AT MEXICAN CONSULATES OUTSIDE MEXICO: To qualify for the temporary visa they must show a monthly income of 300 times the minimum wage (for 2015 it is 70.10 pesos) or 21,030 pesos or $1,430 US dollars using an exchange rate of 14.7 to 1 (using December 29, 2014 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 2015 it is 70.10 pesos) or 350,500 pesos or $23,843 US dollars using an exchange rate of 14.7 to 1 (using December 29, 2014 exchange rate). This must be documented with 12 months bank statements. To qualify for the permanent visa they must show a monthly income of 500 times the minimum wage (for 2015 it is 70.10 pesos) or 35,050 pesos or $2,384 US dollars using an exchange rate of 14.7 to 1 (using December 29, 2014 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 2015 it is 70.10 pesos) or 1,402,000 pesos or $95,374 US dollars using an exchange rate of 14.7 to 1 (using December 29, 2014 exchange rate). This must be documented with 12 months bank statements. You can apply for visas for your spouse (gay couples included) and children at the consulate at the same time or we can do it when you are here in Mexico once the primary applicant has their visa. Remember that in order to do this we will need birth / marriage certificates and apostilles (legalized copies for those from Canada or non Hague Convention countries). Please be advised that the consulates might have their own special rules. Processing time varies from a few hours to a few days on average. We can consult with you prior to your trip to the consulate and then prepare you for finishing the process here in Mexico as well as advise you how to properly fill out the FMM form upon arrival so that there will be no processing delays. Clients have reported that the consulates in Laredo, Texas and Las Vegas, Nevada are some of the easier ones to deal with as Las Vegas only requires US$1,000 per month to get temporary. While the law says you must give 6 or 12 months bank statements, many consulates only ask for 3 to 6 months. DIFFERENT RULES FOR VISAS APPLIED FOR IN COUNTRY AT THE NATIONAL IMMIGRATION INSTITUTE (INAMI) To qualify for the temporary visa they must show a monthly income of 400 times the minimum wage (for 2015 it is 70.10 pesos) or 28,040 pesos or $1,907 US dollars using an exchange rate of 14.7 to 1 (using December 29, 2014 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 2015 it is 70.10 pesos) or 1,402,000 pesos or $95,374 US dollars using an exchange rate of 14.7 to 1 (using December 29, 2014 exchange rate). This must be documented with 12 months bank statements. To qualify for the permanent visa they must show a monthly income of 500 times the minimum wage (for 2015 it is 70.10 pesos) or 35,050 pesos or $2,384 US dollars using an exchange rate of 14.7 to 1 (using December 29, 2014 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 25,000 times the minimum wage (for 2015 it is 70.10 pesos) or 1,752,000 pesos or $119,217 US dollars using an exchange rate of 14.7 to 1 (using December 29, 2014 exchange rate). This must be documented with 12 months bank statements. Link to comment Share on other sites More sharing options...
HarryB Posted December 29, 2014 Report Share Posted December 29, 2014 using those numbers , a person living on social security cant get a visa to live in mexico. Link to comment Share on other sites More sharing options...
mattoleriver Posted December 29, 2014 Report Share Posted December 29, 2014 Spencer, do you know what the logic is behind the large discrepancy between in-country/out-of-country temporary visa financial requirements? Link to comment Share on other sites More sharing options...
Intercasa Posted December 29, 2014 Author Report Share Posted December 29, 2014 Depends if they saved their money or not, do they have an account with $24,000US or more? Not everybody gets less than 1,000US on SS, some get more, up to , and then you have the Vegas consulate who only wants people to show $1,000. Some people actually can qualify for permanent with SS. Logic is maybe they forgot to update the other law for within the country. Link to comment Share on other sites More sharing options...
court0503 Posted December 29, 2014 Report Share Posted December 29, 2014 I was not aware it's possible a to apply for permanente from within Mexico , as opposed to having to travel from Ajijic to a US consulate (Laredo etc) & apply from outside the country. For,years I've just used a tourist visa since I return to the US to visit family twice a year. Is the INAMI office in Mexico City? Has anyone had experience doing this? Link to comment Share on other sites More sharing options...
Intercasa Posted December 29, 2014 Author Report Share Posted December 29, 2014 You can only apply from within Mexico if you have Mexican children or parents or already have a temporary visa. Link to comment Share on other sites More sharing options...
CSOKI Posted December 29, 2014 Report Share Posted December 29, 2014 Hi Spencer I am a permanent resident. I would like my father to become a permanent resident in 2015. He has been a temporary resident since 2012. What are the income requirements? Link to comment Share on other sites More sharing options...
snowyco Posted December 30, 2014 Report Share Posted December 30, 2014 If your father applies under Vinculo Familiar - Unidad de Familias rules, (as the family member of a Residente Permanente), he automatically qualifies as your father. Link to comment Share on other sites More sharing options...
snowyco Posted December 30, 2014 Report Share Posted December 30, 2014 Here are the requirements:http://www.inm.gob.mx/static/Tramites_2013/permanecer_mexico/cambio_condicion/RESIDENTE_PERMANENTE_POR_VINCULO_FAMILIAR.pdf Link to comment Share on other sites More sharing options...
PULELEHUA Posted December 30, 2014 Report Share Posted December 30, 2014 Harry B: Spencer is correct: The maximum possible monthly SSA retirement benefit for someone retiring at age 70 in 2014 is $3,425.00. For someone retiring in 2014 at age 66, the maximum possible monthly SSA retirement benefit is $2,642.00. Even if someone retired at 62 in 2014, the maximum possible monthly SSA benefit would be 1992.00. The maximum presumes of course a robust working income. The best part, in my worldview, is having to show only the SSA income to qualify and avoiding disclosure of other assets and income. Link to comment Share on other sites More sharing options...
HarryB Posted December 30, 2014 Report Share Posted December 30, 2014 I would bet that very few get the max SS. I believe that would require a work history of 30 years at the max contribution? Link to comment Share on other sites More sharing options...
Sonia Posted December 30, 2014 Report Share Posted December 30, 2014 Hi Spencer I am a permanent resident. I would like my father to become a permanent resident in 2015. He has been a temporary resident since 2012. What are the income requirements? To answer your exact question for your father based on income they are the higher incomes as Spencer noted after the words: DIFFERENT RULES FOR VISAS APPLIED FOR IN COUNTRY AT THE NATIONAL IMMIGRATION INSTITUTE (INAMI). Link to comment Share on other sites More sharing options...
Intercasa Posted December 30, 2014 Author Report Share Posted December 30, 2014 HANSI depends if you are Mexican or not, if your dad already has a temporary document, how many years has he lived in Mexico? Link to comment Share on other sites More sharing options...
CSOKI Posted December 30, 2014 Report Share Posted December 30, 2014 Snowyco - Under Vinculo Familiar - are there any income requirements? I read the information, but did not see anything about income requirements. My father`s temporary document needs to be renewed in Aug.2015. Link to comment Share on other sites More sharing options...
sparks Posted December 30, 2014 Report Share Posted December 30, 2014 So changing from Temp to Perm in Mexico requires $2,384 US dollars. I thought it was no financials Link to comment Share on other sites More sharing options...
Intercasa Posted December 30, 2014 Author Report Share Posted December 30, 2014 Changing from temp to perm before completing 4 years on temp requires financials. Remember renewing late starts you over again. Link to comment Share on other sites More sharing options...
tycobb1020 Posted December 31, 2014 Report Share Posted December 31, 2014 Spencer . . . So I just got a temp which needs to be renewed in September 2015. What is the income requirement for me to go direct to permanent in September 2015 rather than just renew the temp for a second year? Link to comment Share on other sites More sharing options...
Intercasa Posted December 31, 2014 Author Report Share Posted December 31, 2014 RULES FOR VISAS APPLIED FOR IN COUNTRY AT THE NATIONAL IMMIGRATION INSTITUTE (INAMI) To qualify for the permanent visa they must show a monthly income of 500 times the minimum wage (for 2015 it is 70.10 pesos) or 35,050 pesos or $2,384 US dollars using an exchange rate of 14.7 to 1 (using December 29, 2014 exchange rate). This must be documented with 6 months bank statements. OR People who have liquid assets may qualify showing that they have maintained an average balance of 25,000 times the minimum wage (for 2015 it is 70.10 pesos) or 1,752,000 pesos or $119,217 US dollars using an exchange rate of 14.7 to 1 (using December 29, 2014 exchange rate). This must be documented with 12 months bank statements. Link to comment Share on other sites More sharing options...
MaryPat Posted December 31, 2014 Report Share Posted December 31, 2014 Sounds like Mexico doesn't want many expats coming to the country. The rates for visas are getting pretty steep and with the increases in taxes, gas, corn, auto import problems, etc., it looks like it is getting expensive to live in Mexico. I read where the nationals blocked the Guadalajara Airport road not long ago because of the cost of corn. Wonder what is next...... Link to comment Share on other sites More sharing options...
cbviajero Posted December 31, 2014 Report Share Posted December 31, 2014 This must be documented with 12 months bank statements.For those who do their banking online and don't receive monthly statements is a printout of 12 months showing the average balance accepted? Link to comment Share on other sites More sharing options...
cbviajero Posted December 31, 2014 Report Share Posted December 31, 2014 I read where the nationals blocked the Guadalajara Airport road not long ago because of the cost of corn.Wonder what is next...Yeah,for about 3 hours,corn farmers asking for subsidies,happens every year, and it's not the "Guadalajara Airport road"...deleted.. Link to comment Share on other sites More sharing options...
Travis Posted December 31, 2014 Report Share Posted December 31, 2014 For those who do their banking online and don't receive monthly statements is a printout of 12 months showing the average balance accepted? They accepted my printouts, but that was 2013, aka ancient history. If it's a non-Mexican account, I think I remember that they had to be "translated" into pesos. Can't remember for sure. Man I'm glad I'm done (for the most part) with INM and the imported car thing. Link to comment Share on other sites More sharing options...
Intercasa Posted December 31, 2014 Author Report Share Posted December 31, 2014 They accept internet printouts and require translations and require us translators to convert to pesos. Link to comment Share on other sites More sharing options...
cbviajero Posted January 1, 2015 Report Share Posted January 1, 2015 They accepted my printouts, but that was 2013, aka ancient history. If it's a non-Mexican account, I think I remember that they had to be "translated" into pesos. Can't remember for sure. Man I'm glad I'm done (for the most part) with INM and the imported car thing. They accept internet printouts and require translations and require us translators to convert to pesos.Thanks for your replies. Link to comment Share on other sites More sharing options...
RickS Posted January 1, 2015 Report Share Posted January 1, 2015 I see that the average SS Retirement Benefit check, of 42 milllion folks, is $1,237/mo. Link to comment Share on other sites More sharing options...
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