
jennifer rose
Aug 27, 2002, 6:33 PM
Post #3 of 4
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FM-2 v. FM-3
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Under the FM-3:<p>1. The holder can keep a foreign-plated car so long as the FM-3 is valid.<p>2. There is no limitation as to time spent out of the country.<p>3. The application process is easier. Application can be made stateside at the Mexican Consulate or within Mexico.<p>4. The monthly income requirement for the no-inmigrante rentista is 250 times the minimum wage in the Federal District.<p>5. The application and annual renewal fees for the FM-3 are less than for the FM-2. <p>The fees are:<p>Reception of FM3 documents $365 FM3 no inmigrante (retired) & renewal $963 FM3 no inmigrante (working) & renewal $1,563 Replacement of lost FM3 no inmigrante $391<p>6. After the fifth renewal, the holder must apply for a new FM-3. This process could be repeated for the rest of the holder's days in Mexico. The FM-3 is a one-year residency permit, renewable, and nothing more.<p>Under the FM-2:<p>1. The holder can keep a foreign-plated car for 5 years, and after the final inmigado status has been granted, the car must be removed from the country.<p>2. There are limitations as to the time which the holder may spend out of the country.<p>3. The application is a more detailed process, and greater scrutiny is paid to supporting documentation. <p>4. The monthly income requirement for the no-inmigrante rentista is 400 times the minimum wage in the Federal District.<p>5. The charges are: <p>FM2 inmigrante (retired & working) $2,083 FM2 inmigrante (retired & working) renewal $2,084 FM2 inmigrado $2,540 Reception of FM2 inmigrado documents $684 Replacement of lost FM2 inmigrante $625 Replacement of lost FM2 inmigrado $938<p>6. The FM-2 is the immigration category which leads to the "E" ticket. After the completion of FM-2 renewals, the holder may apply to become inmigrado, which is a permanent immigration status granting all rights except the right to vote, run for political office, operate a brothel and some other rights which can be exercised only by Mexican citizens.
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