Are You Planning to Move to Mexico? Here’s What You Need to Know About Residency Requirements in 2017
Have you ever dreamed of living in the vibrant and culturally rich country of Mexico? With its stunning beaches, delicious cuisine, and warm, welcoming people, it’s no wonder that many people are considering making the move. However, before you pack your bags, it’s important to understand the residency requirements in Mexico. In this article, we’ll explore the key requirements for obtaining residency in Mexico in 2017.
What are the Main Requirements for Mexico Residency in 2017?
1. Valid Passport: One of the first and most important requirements for Mexico residency is a valid passport. Your passport must be valid for at least six months beyond your intended stay in Mexico.
2. Proof of Financial Solvency: You will need to prove that you have sufficient financial resources to support yourself during your stay in Mexico. This can be done through bank statements, pay stubs, or other financial documents.
3. Health Insurance: Health insurance is also a requirement for Mexico residency. You must have health insurance that covers you for the duration of your stay in Mexico.
4. Proof of Accommodation: You will need to provide proof of accommodation in Mexico, whether it’s a lease agreement, hotel reservation, or other documentation.
5. Application Form: You will need to complete an application form for Mexico residency. This form can be obtained from the Mexican consulate or embassy in your country.
How Long Does the Process Take?
The process for obtaining Mexico residency can take anywhere from a few weeks to several months, depending on the specific circumstances. It’s important to start the process well in advance of your intended move to ensure that you have enough time to complete all the necessary steps.
Types of Residency in Mexico
There are several types of residency in Mexico, including temporary and permanent residency. Temporary residency is typically granted for a period of one year and can be renewed annually. Permanent residency, on the other hand, is granted for an indefinite period and allows you to live and work in Mexico without restrictions.
Here are the types of residency in Mexico:
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Temporary Resident (FMM): This is the most common type of residency and is typically granted for one year.
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Permanent Resident (FM2): This type of residency is granted for an indefinite period and allows you to live and work in Mexico without restrictions.
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Temporary Resident for Investment (FMI): This type of residency is granted to individuals who invest a certain amount of money in Mexico.
Conclusion
Moving to Mexico can be an exciting and rewarding experience, but it’s important to understand the residency requirements in advance. By following the steps outlined in this article, you can ensure that your move to Mexico goes smoothly. Remember to start the process well in advance and consult with a legal professional if you have any questions or concerns.
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