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Peter


Jun 15, 2010, 5:38 PM

Post #26 of 31 (7672 views)

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Re: [Ric Hoffman] FM 2 versus FM 3 for the unenlightened

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There is no charge for changing your address with INM, but it is an obligation to do so.

I asked at INM about reporting addresses of a couple houses I rent on the coast and in the centro though I have another house I own that is my permanent address here. They didn't care about my other places, just wanted a permanent address for me.


Ric Hoffman


Jun 15, 2010, 5:59 PM

Post #27 of 31 (7667 views)

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Re: [Peter] FM 2 versus FM 3 for the unenlightened

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If you move from one address to another, then you should report it. If you vacation at another location then you do not report it. The law was not written to accommodate foreigners who have more than residence. You must comply with your local INM office no matter what you or I percieve the requirements to be.


Ustlach


Jun 15, 2010, 6:54 PM

Post #28 of 31 (7657 views)

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Re: [sioux4noff] FM 2 versus FM 3 for the unenlightened

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I actually watched them paste my new FM2 visa together right in front of me on the counter in the INM office. I watched them print it on an old large laser printer on regular, flimsy computer copy paper. It is possible it was a pre-printed sheet, but it looked plain and blank to me from a distance. She cut the visa part out and fold it, to create the front and back of the visa, then glued one of the new pictures I had to have taken on to it, using a glue stick. I had to sign it in a particular place and then the gal doing the work said she would get the jefa to sign it.

About 45 minutes later she came back with the visa signed and lamentated but not trimmed, which she did there at the counter with a pair of scissors.

The lamenated FM2 visa looks like it will be a heck of a lot sturdier than the old booklet was. It is bigger in dimension than a credit card, but thinner. As a matter of fact, it is the same size as my Medicare Card which came to me as paper, which I then had lamentated here in Mexico. The visa and the Medicare card both fit in one of the back slots in my wallet, but neither will fit in a credit card slot in my wallet.

When I dropped off my application papers for the renewal, I asked if 2801 pesos was all I needed to pay. And they said yes. I did not have to pay the 669 pesos some people are talking about. I did pay such an amount when I renewed my FM3 last time and never understood what that was. It was in addition to the amount I paid for the FM3 which was something like 1600 pesos. I can't remember the exact amount but it was definitely in the 600 peso neighborhood.

Maybe that 669 pesos payment for some sort of registry is a one time thing.

At the time I dropped off my paperwork for the FM2 renewal I was told my visa would be ready in two days. It took just at six weeks.


barmarr

Jun 17, 2010, 10:42 PM

Post #29 of 31 (7533 views)

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Re: [Peter] FM 2 versus FM 3 Foreign plated car

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According to Rolly's post, we can move to an FM 2 and still keep our US plated car for another 5 years.

Since the FM2 has time limits for being out of Mexico, the only reason to upgrade to an FM2 is if you are planning to sell a home or seeking Mexican citizenship. It is my understanding that there is a substantial cost savings on taxes for the sale of real estate if you have an FM2.

Otherwise, just stay on an FM3 indefinately....it's cheaper, and you can drive a US plated car forever.

If I'm missing something, please enlighten me.

Thanks,
Marilyn


Peter


Jun 18, 2010, 12:32 AM

Post #30 of 31 (7531 views)

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Re: [barmarr] FM 2 versus FM 3 Foreign plated car

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Otherwise, just stay on an FM3 indefinately....it's cheaper, and you can drive a US plated car forever.

If I'm missing something, please enlighten me.


After 5 years of FM2 you can get Inmigrado status, permanent residency, rather than seeking citizenship. That means no more visa renewals and I would be able to work, volunteer, or operate a business without special approval. That is what I want eventually, but all in good time.


hunteradvisor


Jun 18, 2010, 9:52 AM

Post #31 of 31 (7490 views)

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Re: [barmarr] FM 2 versus FM 3 Foreign plated car

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The other advantage for holding citizenship over fm3 would be the ability to own property individually in the restricted zone without the pesky trust and associated annual fees.
Isabel
www.RanchoSolyMar.com
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