Permanent Mexico residency status authorize you to reside in Mexico indefinitely. As a permanent Mexican resident, you can work or open a business in Mexico. You do not require a special permit.
Steps to acquire Permanent Mexico Residency if you are a U.S. Citizen:
Step one: Apply for P.R. Mexico Visa at a Mexican Consulate in the U.S.
Step two: The Mexican Consulate issues a P.R. Mexico Visa for six months.
Step Three: you must exchange the P.R. Mexico Visa for a P.R. Mexico Card within thirty days after the P.R. Mexico Visa is validated and stamped at the Mexico border or airport.
Five different scenarios for applying for P.R. Mexico Visa Card:
1. If you are retired, you can apply for a permanent resident visa. Before applying, you must prove a monthly net income of $5,458.00 from social security or another income for the past six months.
2. If you do not meet the above income requirement, you can apply through your investments or savings, demonstrating $218,357.00 per month, the average balance for the past twelve months
3. If you completed four years as a Temporary Residency, you could change your status to permanent residency.
4. Permanent Mexico Residency through Mexican Spouse or Permanent Resident Card Holder, you can apply for Permanent Residency if you can prove you are married to a Mexican national or Permanent Resident Card Holder. Under this category, you are granted a temporary residency for two years. Then you can apply for permanent residence.
5. If you have Mexican-born children, you can apply for permanent residency regarding their age. This process can be done directly at Mexico (INM), Mexico National Institute of Immigration, Mexican Consulate, or Embassy.
Permanent Mexico Residency through the income process must start in a Mexican Consulate or Embassy before entering Mexico. Through Mexican spouse or child can begin in Mexico.
FAQs
How long is the process to obtain a Permanent Mexico Residency VISA ? 1 to 10 days in the Mexican Consulate. After the visa approval by the Mexican Consulate, receiving the Permanent Resident Card in the Mexico INM Immigration office closer to your Mexico address can take 1 to 30 days.
How much is the permanent resident visa fee? $51.00
How much is the permanent resident card $328.00
Permanent Mexico Residency Card advantage is a lifetime document (status). Renewals are not required. Permanent Resident Card Cardholders are allowed to work and do not require a special permit.
Disadvantage: Permanent Mexico Resident Card Holders can not drive U.S. plated vehicles to Mexico unless imported.
In general, Permanent Mexico Resident Cardholders can do everything as the Mexican Citizens do except vote and own property 50 kilometers from the coast and 100 kilometers from the US-MEXICO borders.