Well it certainly seems that way with the new immigration rules published this morning. I know tons of people who either own a home or rely on cheap rent so do well with the old income requirements of $12-1300us a month. To raise that limit almost $800 is going to be a problem for many. It gets especially spooky when people who have lived here for 10+ years as home owners talk about being forced to sell and leave because their house is not worth $195K and they have a modest income. Then we have all the people, mainly on the coast, who own Ejido land and don't have title so value of the house is irrelevant ... it's not really theirs. I'm in the twilight zone as far as income but adjusting it now would not give me the 6 months required in January. Do we need to look for another place to live?
TEMPORARY RESIDENTS
- Original and copy of proof of investments or bank accounts with an average worth over the previous year equivalent to $95,000.00 USD;
- Original and copy of documents that prove that the foreigner has had for the previous six months an income from a job (outside of Mexico) or a pension that pays at least $1,950.00 USD per month;
- Proof of a any familiar bond with another Temporary or Permanent Resident or a marital (or equivalent) bond with a Mexican;
- Original and copy of a notarized public deed showing ownership (or trust rights) to a property in Mexico worth at least $195,000.00 USD;
- Proof of participation of at least $100,000.00 USD in a Mexican company;
- Proof of ownership in heavy equipment or machinery in Mexico worth more than $100,000.00 USD; OR
- Proof of doing business in Mexico and legally creating at least 5 jobs for Mexicans.
PERMANENT RESIDENT
- Original and copy of proof of investments or bank accounts with an average worth over the previous year equivalent to $95,000.00 USD;
- Original and copy of documents that prove that the foreigner has had for the previous six months an income from a job (outside of Mexico) or a pension that pays at least $2,400.00 USD per month;
- Proof of parent-child bond with a Mexican citizen by birth (this would be birth certificates of everyone involved, plus any other documents proving the citizenship of the Mexican citizen);
- Proof of the same parent-child bond with another Permanent Resident; OR
- Proof that you have enough points (based on a points system that still hasn’t been published).
