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MexicoInvestors & entrepreneursLast checked October 16, 2026

Visa de Residente Temporal por solvencia económica

Temporary Resident Visa, economic solvency

Mexico's temporary resident visa lets foreigners live in Mexico for more than 180 days and up to 4 years. One way to qualify is to show economic solvency, through a high average savings or investment balance or a steady monthly income from employment or pension. You apply at a Mexican consulate, then exchange the visa for a resident card at the National Migration Institute (INM) within 30 days of entering Mexico. Each consulate publishes its own USD thresholds.

See requirements ↓

Life in Mexico

Money

3

Currency

Mexican Peso

MXN

Mexican Peso

Cost of living

59

Price level · US = 100

World Bank price levels, 2025

Tax

1.92–35%

Income tax (national)

VAT (IVA) 16%

Federal annual ISR tariff; 35% above about MXN 4.51 million (2025 bands). Some states add a payroll tax paid by employers.

Official rates, 2025 · headline only

Living

1

Happiness

7.0

#12 of 145 countries

World Happiness Report 2025

Your edge here Members

What gives you an edge here: passports, visas and permits you hold, work, study, language and family ties

Who it’s for

People with independent means (savings, pensions or foreign employment income) who want to live in Mexico long term without a Mexican job offer.

Eligibility

  • Savings or investment balanceSavings route

    Show bank or investment statements with a minimum monthly balance over the previous 12 months.

    Minimum monthly balance (12 months)

    San Diego consulate2026 sheet
    USD 75,950
    New York consulate
    USD 71,500
    • Amounts are set by each consulate's sheet
    Official wording

    Bank or investment statements showing a minimum monthly balance over the previous 12 months. The San Diego consulate's 2026 sheet sets USD 75,950. The New York consulate's sheet sets USD 71,500.

  • Monthly incomeIncome route

    Show proof of income from employment or pension over the previous 6 months.

    Minimum income per month

    San Diego consulateat least, per month
    USD 4,510
    New York consulateat least, remote workers
    USD 4,200
    • San Diego's figure is from its 2026 sheet
    Official wording

    Proof of income from employment or pension over the previous 6 months. San Diego's 2026 sheet sets at least USD 4,510 per month. New York sets at least USD 4,200 per month for remote workers.

  • Employer letter for remote workIncome route (employment)

    If you use employment income, provide a signed employer letter on company letterhead.

    • Letter states your position and salary
    • Letter states you may live in Mexico and work remotely
    • San Diego also asks for a copy of the signer's ID
    Official wording

    If you use employment income, a signed letter on company letterhead stating your position, salary and that you are allowed to live in Mexico and work remotely. San Diego also asks for a copy of the signer's ID.

A sneak peek at what's inside

  • Next requirementStay length
  • Document checklistVisa application form
  • FeesConsular visa processing fee

The full requirements are for members

Create an account and subscribe to see every requirement, the full document checklist, fees, steps, processing times and conditions, and how your profile compares.

  • 5 more requirements
  • 8 documents
  • 2 fees
  • 8 steps
  • Processing times and conditions

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