Minimum income
$7,560/mo
per month
Stay
—
Application fee
$550
Tax
Worldwide
Worldwide Income Tax
Path to staying
- Permanent residencypossible
- Citizenshipafter 5 years
- Permanent residency
- Citizenship 5 years
- Dual citizenship allowed
- Language required for citizenship
Overview
- Country
- Mexico
- Program
- Permanent Resident Visa (Retired)
- Local name
- Visa de Residente Permanente
- Type
- Retirement
- Status
- Active
Direct permanent residency for retirees demonstrating higher financial thresholds (about $7,560/month pension at the San Diego consulate for 2026, or qualifying savings/investments depending on consulate). No need to go through temporary residency first.
Financial requirements
- Income requirement
- $7,560/mo
- Pension requirement
- $7,560/mo
- Savings required
- $300,000
- Application fee
- $550
Eligibility
- Criminal record check required
- Health check not required
- Health insurance not required
Work rights
- Employment allowed
- Self-employment allowed
- Own a business allowed
- Work permit included
Family and dependents
- Dependents allowed
- Yes
- Spouse included
- Yes
- Max child age
- 18
- Parents allowed
- No
Benefits and mobility
- Bank account can open
- Property purchase allowed
- Public healthcare access granted
Tax
- Tax regime
- Worldwide
- Regime name
- Worldwide Income Tax
- Foreign income taxed
- Yes
- Capital gains taxed
- Yes
How to apply
- Method
- consulate
- Processing time
- 15–30 days
- Apply from abroad
- Yes
Notes
Only issued at consulates to retirees meeting higher financial criteria. San Diego publishes a $7,560/month pension threshold for 2026; other consulates may calculate different USD equivalents. Application begins outside Mexico. Alternatively, hold temporary residency for 4 consecutive years (or 2 if married to a Mexican citizen) to qualify without income proof. Permanent residents can work freely and access public healthcare.
Also in Mexico
Mexico also offers a digital nomad visa for remote workers