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talosian

Mar 7, 2004, 8:01 PM

Post #1 of 6 (446 views)

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I don't have a fixed income so how do I

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meet the FM-3 requirement?

I have been a professional/business person all my life and I have money enough to retire in Mexico, it's in banks and assets but nothing with regular deposits.

I'm reading I need to show regular deposits of a thousand or more dollars a month to get the FM-3. How about a good six figure bank account?

Thoughts/Suggestions?

Thanks.

Spock.
"When all logical explanations have failed, we must look to the illogical for the answer.

jennifer rose

Mar 7, 2004, 8:10 PM

Post #2 of 6 (439 views)

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Re: [talosian] I don't have a fixed income so how do I

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With x$ from your six-figure bank account. Deposit x$ into your six-figure bank account. Repeat each month. It's not the balance of your six-figure bank account that matters, it's the cycling of funds into that account which counts.

talosian

Mar 7, 2004, 9:18 PM

Post #3 of 6 (426 views)

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Re: [jennifer rose] I don't have a fixed income so how do I

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Seems like a lot of game playing and putting form over substance.

I guess Bill Gates couldn't qualify for the FM-3.

And if I'm going to do it that way, I probably should open a separate account otherwise the bank statement will show like the burger place, "In and Out."

Thanks.

Spock.
"When all logical explanations have failed, we must look to the illogical for the answer.

HHERRINGTON

Mar 8, 2004, 3:54 AM

Post #4 of 6 (414 views)

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Re: [talosian] I don't have a fixed income so how do I

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"Seems like a lot of game playing and putting form over substance."

If you are to enjoy your Mexican experience learn to adapt to the Mexican way and enjoy.
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Life is too complicated to be expressed in one liners.

Miguelito

Mar 8, 2004, 5:27 AM

Post #5 of 6 (407 views)

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Ah, the games have only begun! (NM)

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Los que cantan oran dos veces! (Those who sing pray twice!)

gpk

Mar 8, 2004, 7:23 AM

Post #6 of 6 (380 views)

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Re: [talosian] I don't have a fixed income so how do I

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It's really just meeting a bureaucratic requirement in a practical way. Mexico just doesn't care where the deposits come from--as long as they appear in your bank account. In most cases, it's really the US Consualte who must be "fooled" since inmigracion (here in Guanajuato, anyway) wants a consular letter verifying the deposits.