Why Mexico?
Mexico offers a combination that's hard to beat: proximity to the US, incredible food culture, a warm climate, fast internet in major cities, and a cost of living that allows a comfortable lifestyle for $1,500–$2,500/month. Cities like Mexico City, Oaxaca, Mérida, and Puerto Vallarta have thriving expat communities.
Temporary Resident Visa Overview
The Temporal residency permit is issued for 1 year initially, renewable up to 4 years total. After 4 years, you can apply for permanent residency.
Income / Asset Requirements (2025)
| Proof Method | Requirement |
|---|---|
| Monthly income (last 6 months average) | ~$2,600 USD/month |
| Bank balance (savings) | ~$43,000 USD equivalent |
| Investment portfolio | ~$175,000 USD equivalent |
Consulate Variation
Requirements vary significantly by Mexican consulate. Always check with your specific consulate before applying.Application Process
- Book an appointment at your nearest Mexican consulate
- Submit documents: passport, application form, photos, proof of income/assets, application fee (~$47 USD)
- Receive a single-entry visa valid for 180 days
- Travel to Mexico within the validity period
- Visit INM (Instituto Nacional de Migración) within 30 days of arrival to convert to a residency card
- Receive your Tarjeta de Residente Temporal
Cost of Living in Mexico (2025)
| Expense | Mexico City | Oaxaca | Puerto Vallarta |
|---|---|---|---|
| 1BR apartment rent | $700–$1,500 | $400–$700 | $600–$1,200 |
| Monthly groceries | $200–$350 | $150–$280 | $200–$320 |
| Restaurant meal | $5–$15 | $4–$12 | $6–$18 |
| Public transport | $15–$25/month | $10–$20 | $20–$40 |
Pro Tip
Mérida (Yucatán) is increasingly popular with expats for its safety, colonial architecture, and lower prices. It's one of Mexico's most liveable cities with a growing English-speaking community.