Mexican Consulates abroad and Immigration offices in Mexico continue to use the national Minimum Salary as the reference when calculating “economic solvency” qualification criteria for residency in Mexico. Using this criteria, the 2025 income requirements for temporary and permanent Mexico Visas are as follows:
Temporary Residency
Monthly Income
A foreign income over the past six months of at least three hundred days’ worth of the Mexico minimum wage. Based on nineteen pesos to one US Dollar this would be an approximate monthly income of approximately $4,185 USD for the last 6 months or 12 months.
Or
Savings Balance
Have a savings balance over the past twelve months equivalent to 5,000 days’ worth of the Mexico minimum wage. or a bank balance of approximately $ 73,215 USD for the last 12 months.
Proof:
Bank Statements, Pay Stubs, or letter from your pension issuer showing the monthly income.
Permanent Residency
Monthly Income
A foreign income over the past six months of at least five hundred days’ worth of the Mexico minimum wage. Based on nineteen pesos to 1USD is approximately a monthly income of $ 6,975 USD for the last 6 months or 12 months.
Or
Savings Balance
Have a savings balance over the past twelve months equivalent to 20,000 days’ worth of the Mexico minimum wage. This would calculate a savings or investment account of approximately $ 130,000 USD – $205,782 USD for the last 12 months.
Proof:
Bank Statements, Pay Stubs, or letter from your pension issuer showing the monthly income.
Important consideration
Consular Variations
Each Consulate can set its own specific requirements, so always check the website of the Consulate where you will apply.
Dependents
Some consulates may require additional proof of funds for each dependent.
Other Factors
Other factors such as your specific situation or the method of application can also influence the requirements.
Need help managing your family’s residency needs? Cozumel Immigration Services is here to guide you through every step, making your move as seamless as possible! 
5th Avenue Between 2nd St North & Juarez, inside Wet Wendy’s Cozumel
Email: vickydelac22@hotmail.com
Phone: +52 1 987 119 6956
Hours: Mon-Fri 11:00AM – 4:00PM | 7:00PM – 10:00PM
