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That salary is actually below the minimum income for permanent residency (but above the 4 yr temporary residency threshold). If you want to stay beyond 4 years,
by AlotOfReading 2y ago
That salary is actually below the minimum income for permanent residency (but above the 4 yr temporary residency threshold). If you want to stay beyond 4 years, you'll need to either pony up for a sufficiently expensive house or show $300k usd in a bank account over the past year.
- jjmarr 2y agoCan you give an idea of how much I'd have to spend on a house? And also what I'd get for that money?
- AlotOfReading 2y agoTwice the amount of the bank account, ~$600k USD. Here's a reasonable selection of houses for that price marketed to foreigners: https://www.sothebysrealty.com/eng/sales/mex/price-low-sort/600000-2000000000-price https://www.sothebysrealty.com/eng/sales/mex/price-low-sort/... Mexico's immigration policies are deliberately designed to exclude most people who aren't wealthy retirees and don't have familial ties.
- jjmarr 2y agoThose properties are beautiful! I can get a beachfront villa for practically nothing. In Canada something that close to the water would be several million dollars despite not even having a tropical climate. What is Mexico's visa policy w.r.t. NAFTA/CUSMA professionals? Can I just get in temporarily as a software engineer akin to TN-1 in the USA?