Guanajuato, Mexico

Mexican Citizenship by Investment: The Definitive Guide

Updated: 25 August 2023

Ever pondered the allure of becoming a Mexican citizen, especially when numerous global elite are snapping up this golden opportunity? 

Delving deep into the Mexican citizenship by investment program, this article unravels a gateway to sun-kissed shores, vibrant culture, and strategic global positioning, shedding light on key program features and benefits. 

What Is Mexican Residency by Investment?

Mexican Residency by Investment is an intriguing gateway for those seeking a blend of cultural richness, strategic global access, and a favorable investment climate. Essentially, it’s a program that allows individuals to secure Mexican residency by making significant financial contributions or investments in the country. Beyond the obvious allure of Mexico’s warm beaches and delectable cuisine, this residency opens doors to a thriving economy, an enviable lifestyle, and potential tax advantages. For the discerning individual, choosing Mexican Residency by Investment isn’t just about a place to live; it’s about embracing an emerging global hotspot with abundant opportunities and a life teeming with vibrancy.

Although there is not an option to directly obtain Mexican citizenship by investment, the Mexican residency by investment route may lead up to Mexican citizenship following a five-year period of legal residency. 

Benefits of Mexican Residency by Investment

  • Cultural Fusion: Experience the rhythmic pulse of Mexico’s vibrant culture, from age-old traditions to contemporary arts.
  • Strategic Global Access: Mexico’s central location positions residents at the crossroads of North and Latin America, simplifying trade and travel, as well as its passport visa free travel to many countries.
  • Economic Opportunities: Benefit from Mexico’s burgeoning sectors, from tech startups to real estate and tourism.
  • Tax Flexibility: Potential advantages in taxation, including the possibility of double taxation treaties with numerous countries.
  • Elevated Lifestyle: Access world-renowned beaches, delectable cuisine, and a rich tapestry of local experiences.
  • Simplified Path to Citizenship: The investor visa can pave the way for eventual Mexican citizenship, deepening your ties and rights in the nation.
  • Healthcare & Infrastructure: Enjoy top-notch healthcare facilities and steadily improving infrastructure, ensuring comfort and well-being.
  • Education Advantages: A variety of reputable international schools offering diverse curricula for expat families.
  • Real Estate Growth: An increasingly robust property market, presenting lucrative investment avenues in prime locales.
  • Environmental Splendor: From lush forests and serene beaches to majestic mountains, indulge in Mexico’s diverse and breathtaking landscapes.

Requirements for Mexican Residency by Investment

Navigating the pathway to Mexican Residency by Investment demands a clear understanding of its prerequisites. Here’s a streamlined guide to ensure you have all boxes checked:

Eligibility Criteria

  • Clean Record: No criminal history in Mexico or any other country
  • Financial Solvency: Applicants must demonstrate stable finances and a consistent income source
  • Health Clearance: Proof of good health, free from any contagious diseases

Investment Requirements

  • Real Estate: Acquisition of property in Mexico with a specified minimum value of roughly $220,000
  • Business Ventures: Buying shares in a Mexican corporation amounting to minimum of roughly $110,000, creating at least 3 employments

Required Documents

  • Passport: A passport with at least six months’ validity
  • Health Certificate: From a recognized medical institution, detailing the applicant’s health status
  • Financial Statements: Proof of income or savings to ascertain financial stability
  • Property or Investment Proof: Depending on the chosen investment path, this could be property deeds, business registration, bond certificates, or bank deposit confirmation
  • Police Clearance: A certificate from the applicant’s home country verifying the absence of criminal records
  • Residency Application Form: Duly filled and signed
  • Passport-size Photographs: As per specified guidelines

Mexican Residency by Real Estate Investment

If you’re a property owner in Mexico, you may be eligible for a temporary residency permit. However, the value of your Mexican real estate property needs to meet a certain financial threshold:

  • At least MXN$8,297,600 (around $437,000) if based on the Minimum Daily Wage (MDW) or,
  • At least MXN$4,149,600 (around $218,400) if based on the Unit of Measure and Update (UMA)

The following are some additional conditions for this pathway to temporary Mexican residency:

  • Your property should be located within Mexican territory.
  • The property should have no outstanding debts, mortgages, or other encumbrances.
  • The valuation of the property should align with the details stated in the title deed, sales contract, or a recent official appraisal.
  • The deed or sales contract should be in your name.

Mexican Residency by Capital Investment

Eligibility for temporary residency in Mexico can also be achieved through a strategic financial investment in a privately-owned Mexican business or a corporation listed on the Mexican stock market. 

The least amount you should invest is calculated as follows:

  • MXN$4,148,800 (about USD$218,000) when based on the Minimum Daily Wage (MDW); or
  • MXN$2,074,000 (around USD$109,200) when using the Unit of Measure and Update (UMA) as the reference.

Here are some additional conditions to consider:

  • The investment must be executed in specific, approved methods.
  • The process for these types of applications is generally more involved compared to those based on financial self-sufficiency or family connections.

The following table showcases the saving – investment balance that is required for Mexican residency through capital investment. 

Residency TypeMinimum Daily Wage(Savings/Investments)UMA(Savings/Investments)
Temporary ResidencyMXN$1,037,200 | USD$54,589MXN$518,700 | USD$27,300
Permanent ResidencyMXN$4,148,800 | USD$218,358MXN$2,074,800 | USD$109,200
Dependent SpouseMXN$20,744 | USD$1,092MXN$10,374 | USD$546
Dependent MinorMXN$20,744 | USD$1,092MXN$10,374 | USD$546

Mexican Residency by Monthly Income

  • A minimum monthly earnings of roughly $3,275 for the past half-year is needed for temporary residency (note that certain consulates may require a year’s worth of income records).
  • To qualify for permanent residency, you should have an average monthly income of around $5,460 for the last six months (again, some consulates may ask for income history spanning a full year).

The table below exhibits the thresholds for Mexican residency based on monthly income. 

Residency TypeMDWUMA
Temporary ResidencyMXN$62,232 | USD$3,275MXN$31,122 | USD$1,638
Permanent ResidencyMXN$103,720 | USD$5,459MXN$51,870 | USD$2,730
Dependent SpouseMXN$20,744 | USD$1,092MXN$10,374 | USD$546
Dependent MinorsMXN$20,744 | USD$1,092MXN$10,374 | USD$546

Best Places to Invest in Property in Mexico

The following locations offer a range of options to suit various investment needs and lifestyle preferences, backed by convenience in education, amenities, healthcare, and transport.

  • Cancún

Cancún is a paradise for investors looking for beachfront properties with a robust tourist market. The city offers high rental yields and has an international airport, making it convenient for travel. With a range of high-quality private schools and healthcare facilities, it’s an ideal spot for families. Public transportation is efficient, and you’re never too far from shopping centers and restaurants.

  • Tulum

Tulum is the go-to place for eco-conscious investors. Known for its pristine beaches and Mayan ruins, the area attracts a younger, environment-aware crowd. Sustainable properties are the norm here. While it may not offer as many educational options as a large city, healthcare services are satisfactory, and it’s just a couple of hours from Cancún’s amenities and airport.

  • Mexico City

The capital provides a mix of traditional and modern living, appealing to young professionals and single expats who crave an urban setting. Mexico City offers excellent public transport, an array of private schools, and world-class healthcare facilities. The business hub of the nation, it provides various property types, from historical homes in Coyoacán to modern apartments in Polanco.

  • San Miguel de Allende

This picturesque town is a haven for retirees and artists, known for its colonial architecture and vibrant arts scene. Though smaller in scale, San Miguel de Allende offers high-standard healthcare services and educational options. It may lack a major airport or extensive public transportation, but its intimate size makes most places accessible by foot.

  • Playa del Carmen

Perfect for those who want to blend the beach life with city conveniences, Playa del Carmen offers properties that typically cost less than those in Cancún. Popular among digital nomads and young families, the town provides a decent range of schools and healthcare services. Plus, it’s conveniently situated near Cancún’s airport and has its own public transport system.

Mexican Citizenship Through Investment

It’s worth noting that there is no direct path to Mexican citizenship through investment. However, investing in the country can qualify you for temporary residency, which is a stepping stone to permanent residency. After four consecutive years of maintaining your temporary status, you can apply for permanent residency. From there, the road to becoming a Mexican citizen takes just an additional year.

How to Get a Mexican Passport

Securing a Mexican passport through the residency-by-investment route involves a multi-step process. The steps are as follows:

  • Invest in a qualifying asset in Mexico to get temporary residency
  • Maintain temporary residency for four years
  • Upgrade to permanent residency
  • After one more year, apply for citizenship
  • Obtain citizenship and your Mexican passport

Dual Citizenship

Mexico recognizes dual citizenship, allowing individuals to hold Mexican nationality alongside another. This provides the flexibility to live, work, and enjoy the benefits of both countries without renouncing your original citizenship. However, it’s crucial to understand that while in Mexico, dual citizens are subject to Mexican laws and regulations.

The Bottom Line

To conclude, securing a temporary or permanent residency in Mexico offers various pathways that can suit diverse needs and financial capacities. 

Whether it’s through owning a property with a minimum value, making a significant investment in a Mexican company, or meeting specific income requirements, each route comes with its unique set of conditions and financial thresholds. Once you’ve crossed the four-year mark as a temporary resident, you also have the opportunity to transition to permanent residency. 

Remember to seek specialized immigration services to navigate your way through the complex application process. Your dream of living in Mexico could be just a few steps away.

Frequently Asked Questions

  • What are the main pathways for obtaining a temporary resident visa in Mexico through investment?

Two common routes exist: investing in Mexican real estate or in a private Mexican-owned company or one listed on the Mexican stock exchange. These pathways align with the foreign investment law to attract foreign investors to Mexico.

  • How do I initiate the application process for a temporary resident visa?

Your first step should be to contact a Mexican consulate or a relevant investment migration advisory firm. They can provide the most accurate and updated information about the procedures involved in securing a temporary resident visa.

  • How long can I stay in Mexico with a temporary resident visa?

A temporary resident visa allows you to stay in Mexico for up to four years. After four consecutive years as a temporary resident, you can apply for permanent residence.

  • What is the minimum investment required for real estate investment?

The minimum amount is calculated based on the Minimum Daily Wage (MDW) or Unit of Measure and Update (UMA). Typically, the property should have a market value of at least 40,000 times MDW or UMA, and it must be situated in Mexico to qualify for a temporary resident visa.

  • Can family members also gain Mexico residency through investment?

Yes, your family members can also apply for temporary or permanent residency based on your status. However, their applications might require additional documentation.

  • How can I go from being a permanent resident to obtaining Mexican citizenship?

After five years of permanent residence, you can start the process for obtaining Mexican citizenship. Becoming a citizen allows you to delve deeper into Mexican history and fully participate as a member of the community.

  • Is it possible to start a Mexican company as a temporary resident?

Yes, the Mexican government permits temporary residents to start or invest in a Mexican company. However, the applications in this regard tend to be more complex.

  • What are the financial requirements for temporary and permanent resident visas?

For a temporary resident visa, you need to show a monthly income of at least approximately US$3,275 for the past 6-12 months. For permanent residency, the requirement is about US$5,460 monthly over the same period.

  • Can I hold dual citizenship if I become a Mexican citizen?

Yes, Mexican citizens are allowed to hold dual citizenship. You can enjoy the privileges of being a citizen in both countries, subject to the laws of each.

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