Published On: Fri, Oct 10th, 2014

More Changes to Mexican Immigration Law Coming October 17, 2014

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October 10, 2014:
The well-respected Mexican attorney, Lic. Spencer McMullin of Chapalalaw.com, offers this latest update to Mexican immigration rules and policies, based on the Oct. 10, 2014 DOF:

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

 

“HUGE Changes today 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
Monthly income 300 days minimum wage (67.29 pesos) $20,187 pesos or $1,510US
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
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.

INM

Lic. Spencer McMullen, Mexican licensed attorney (Cédula #7928026) and official court translator (Perito Traductor). Mx 376-765-7553″

We’ll report more details as they become available.
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For details on visiting or moving to Mexico, see our main immigration article at: ~ Current Rules and Procedures for Immigration, Visiting, and Staying in Mexico
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Source: YucaLandia/Surviving Yucatan. © Steven M. Fry

Mexico Travel Care

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  1. s. howard says:

    Idiots…. reciprocity is a nice word. You all already know why you are wrong on this issue. I don’t need to explain.

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