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Chuck77

Nov 8, 2011, 4:42 PM

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required minimum monthly income for residency

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What is the minimum monthly income requirement for residency?



Rolly


Nov 8, 2011, 5:04 PM

Post #2 of 7 (12199 views)

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Re: [Chuck77] required minimum monthly income for residency

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Click here.

Rolly Pirate


TxMex

Nov 8, 2011, 7:55 PM

Post #3 of 7 (12164 views)

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Re: [Rolly] required minimum monthly income for residency

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Rolly I never did find the information on the link you provided. Could you provide a more specific link or just a dollar amount? Gracias!


Rolly


Nov 8, 2011, 8:01 PM

Post #4 of 7 (12163 views)

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Re: [TxMex] required minimum monthly income for residency

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From my website:
"The income requirement will remain the same as with the old system -- a monthly income from outside México equal to 250 times the basic minimum wage in México City. Each dependent will increase the amount by 50%. For 2011 the min wage is $59.80 pesos. (It goes up a little each January.) So the min monthly income requirement for a single person in 2011 is $14,950 pesos.
If you are married, you should bring your marriage certificate. If you have minor children, you should bring their birth certificates. These documents will need an apostille. You will need to make a separate online application and Formato Básico for each dependent including children. Again, be sure to save the file numbers! Each dependent will increase the income requirement by 50%.
The procedure for applying for an FM2 is the same as applying for an FM3. The monthly income requirement is 400 times the min wage. For 2011 that would be $23,920 pesos."

Rolly Pirate


(This post was edited by Rolly on Nov 8, 2011, 8:04 PM)


TxMex

Nov 9, 2011, 6:00 AM

Post #5 of 7 (12112 views)

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Re: [Rolly] required minimum monthly income for residency

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Thanks Rolly!


johanson


Nov 9, 2011, 1:12 PM

Post #6 of 7 (12048 views)

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Re: [Rolly] required minimum monthly income for residency

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Rolly:

At one time if you owned a home in Mexico, the income requirement was much less, maybe 50% of what was posted above. At least that's what I remember from the mid 1990s. Could you either confirm or correct my post?

Thanks in advance

Pete


karenanron

Nov 9, 2011, 1:22 PM

Post #7 of 7 (12046 views)

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Re: [johanson] required minimum monthly income for residency

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I have heard it depends on the state. I asked this in Merida and was told yes for Yucatan.


(This post was edited by karenanron on Nov 9, 2011, 1:23 PM)
 
 
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