Mexican Immigration,Mexican Residence

Are You Planning to Move to Mexico? Here’s What You Need to Know About Residency Requirements in 2014

Have you ever dreamt of living in the vibrant and beautiful country of Mexico? With its stunning beaches, rich culture, and friendly locals, it’s no wonder why so many people are considering moving there. However, before you pack your bags, it’s essential to understand the residency requirements in Mexico. In this article, we’ll delve into the details of the Mexico residency requirements in 2014 to help you make an informed decision.

What Are the Mexico Residency Requirements?

First and foremost, it’s important to note that Mexico offers two types of residency: temporary and permanent. Temporary residency is typically granted for a period of one year, renewable annually, while permanent residency is a lifelong status. Here are the key requirements for both types of residency in 2014:

• Temporary Residency:
• Proof of financial solvency, such as bank statements or a salary certificate.
• Health insurance coverage for the applicant and any dependents.
• A valid passport and visa.
• A completed application form, along with two recent passport-sized photographs.
• A criminal record check from the applicant’s home country.
• Permanent Residency:
• Proof of financial solvency for the past five years.
• A valid passport and visa.
• A completed application form, along with two recent passport-sized photographs.
• A criminal record check from the applicant’s home country.
• A letter of intent to reside permanently in Mexico.

How to Apply for Mexico Residency in 2014

Now that you know the requirements, let’s discuss the application process. Here’s a step-by-step guide on how to apply for Mexico residency in 2014:

1. Research: Familiarize yourself with the residency requirements and gather all necessary documents.
2. Prepare Your Documents: Ensure that you have all the required documents, including proof of financial solvency, health insurance, and criminal record checks.
3. Visit the Mexican Consulate or Embassy: Submit your application and required documents at the nearest Mexican consulate or embassy in your home country.
4. Wait for Approval: The processing time for residency applications can vary, so be patient. Once approved, you will receive a visa that allows you to enter Mexico.
5. Reside in Mexico: After entering Mexico with your visa, you must reside in the country for the required period (usually one year for temporary residency) to maintain your status.

Benefits of Mexico Residency

Obtaining residency in Mexico comes with numerous benefits, including:

• Access to healthcare and education.
• The ability to purchase property in Mexico.
• Exemption from certain taxes, such as inheritance and wealth taxes.
• A chance to experience the rich culture and beautiful landscapes of Mexico.

Conclusion

Living in Mexico can be an exciting and rewarding experience. By understanding the residency requirements in 2014, you can take the necessary steps to make your dream a reality. Remember to gather all the required documents, apply for the appropriate visa, and enjoy the many benefits of Mexico residency.