How to Move to Mexico: A Comprehensive 5 Step Plan

Introduction

Knowing how to move to Mexico is the first step toward a life defined by vibrant culture, world-class cuisine, and an enviable pace of life. Whether you are drawn by the colonial charm of San Miguel de Allende or the turquoise waters of the Riviera Maya, the transition requires a clear understanding of the legal and logistical landscape.

According to the official Mexican Government Immigration portal, thousands of foreign nationals successfully navigate this process annually, benefiting from a country that remains deeply welcoming to international residents. However, success depends on choosing the correct path—whether you are arriving as a remote worker seeking adventure or a retiree looking for a peaceful sanctuary. By comparing the cost of living in Mexico to your current home, it becomes clear why so many choose to make this leap. By preparing your documentation and understanding the financial requirements early, you can turn the dream of living in this beautiful country into a sustainable reality.

How to Move to Mexico Step-By-Step:

Step 1: Choosing the Right Residency Path

Selecting the correct visa is the most critical decision when planning your relocation. Mexico offers two primary long-term residency categories, each designed for different lifestyles and financial profiles. Understanding these distinctions is essential for a smooth application through the Mexican Consulate system.

Temporary Residency (Residente Temporal)

This status is the standard choice for expats and digital nomads. It is typically granted for one year initially and can be renewed for up to three additional years. One of the primary benefits is that it allows for a “trial period” in Mexico with lower financial requirements. After four consecutive years of holding this status, you are eligible to convert to permanent residency without needing to re-prove your income.

Permanent Residency (Residente Permanente)

Reserved primarily for retirees or those with strong family ties to Mexico, this visa grants the right to live in the country indefinitely. Unlike the temporary version, it never expires and does not require regular renewals. However, the financial bar is significantly higher. According to residency experts at Mexperience, most consulates now require applicants to demonstrate they are officially retired (receiving a pension or Social Security) to qualify for this status directly.

Step 2: Financial Solvency Requirements

To obtain residency, you must prove that you have the financial means to support yourself without seeking local employment. In recent years, Mexican consulates have transitioned from using the “daily minimum wage” to the UMA (Unidad de Medida y Actualización) as the base for these calculations. The UMA is a reference index used to determine the value of federal obligations, and its use ensures that residency requirements stay aligned with Mexico’s economic reality.

The Two Main Paths to Proving Solvency

Applicants generally choose between two methods to demonstrate their financial stability:

Monthly Income Route:

You must provide bank statements or pay stubs showing a consistent net monthly income for the last six months.

• • For Expats: This often comes from remote work, dividends, or business income.

  • For Retirees: This typically comes from Social Security or a stable pension.

Savings and Investment Route:

You can instead show a significant average balance in savings or investment accounts (like a 401k or IRA) held over the last 12 months.

Estimated Requirements

While exact figures vary slightly between consulates due to exchange rate fluctuations, you should generally prepare for the following benchmarks:

Temporary Residency:

• Aim for approximately $4,100–$4,400 USD in monthly income or roughly $73,000 USD in liquid savings.

Permanent Residency:

• This requires a higher threshold, typically around $7,100–$7,500 USD in monthly income or $280,000 USD in savings.

If you are moving with a spouse or children, you will need to demonstrate additional solvency for each dependent. According to official guidelines from the Consulate of Mexico, this usually amounts to an additional monthly sum or a higher savings balance per person. It is highly recommended to check the specific Economic Solvency FAQs provided by relocation experts to ensure your account types—such as joint accounts—will be accepted.

Step 3: The Two-Part Application Process

Obtaining your residency is a two-stage journey that begins in your home country and concludes once you cross the border. It is important to note that you cannot apply for residency from within Mexico while on a tourist permit; the process must be initiated at a Mexican Consulate abroad.

Phase A: The Consulate Interview

Your first objective is to secure an appointment at a consulate. During this interview, a consular officer will review your financial documents, verify your intent to live in Mexico, and take your biometric data. If approved, they will place a residency visa sticker in your passport.

This sticker is not your final residency card; it is a single-use entry permit that is valid for 180 days. You must use this to enter Mexico to begin the second phase. When you arrive at the border or airport, ensure the immigration officer marks your entry as “Canje” (Exchange) rather than as a tourist.

Phase B: The “Canje” at the INM Office

Once you are on Mexican soil, you have exactly 30 days to report to a local office of the Instituto Nacional de Migración (INM) to exchange your visa sticker for a physical residency card.

For Expats (Temporary):

• You will receive a card valid for one year. You must return to the INM office annually (or every three years, depending on your renewal choice) to keep it active.

For Retirees (Permanent):

• You will receive your permanent card. This is a “one-and-done” process; the card does not expire, though you must notify the INM if you change your address or marital status.

The official INM guide for the exchange process provides the specific forms and payment protocols (SRE/SAT fees) required for this final step.

Step 4: Logistics & Setting Up Your Life

Once you have your residency card in hand, the real work of building a life begins. Setting up your infrastructure in Mexico—from banking to healthcare—requires a bit of patience and the right documentation.

Banking and Financial Management

While many expats continue to use their home-country bank accounts for international transfers, opening a local account is essential for paying utilities and making large purchases. To open an account at major institutions like BBVA México or Citibanamex, you will generally need:

• Your physical residency card (not the visa sticker).

• Your CURP (Unique Population Registry Code), which is printed on your residency card.

• A recent proof of address (comprobante de domicilio), such as a CFE electricity bill.

• Your RFC (Tax ID), which is increasingly required by banks to comply with anti-money laundering regulations.

Healthcare: Public vs. Private

Mexico offers a high standard of medical care at a fraction of the cost found in the U.S. or Canada.

The Public Option:

• Legal residents can pay an annual fee to join the IMSS (Mexican Social Security Institute), which provides comprehensive coverage. This is a popular choice for retirees on a budget.

The Private Option:

• Most expats prefer private insurance for faster service and English-speaking doctors. Many choose to “self-pay” for routine visits, which often cost between $30 and $60 USD, while maintaining a catastrophic plan for emergencies. You can compare local healthcare rankings through resources like International Living.

Bringing Your Pets and Vehicles

If you are moving with a dog or cat, the SENASICA/SAGARPA inspection process at the border is relatively straightforward. While health certificates are no longer strictly required for pets arriving from the U.S. or Canada, your pet must be inspected for parasites and fresh wounds upon arrival. Learn more on our article Bringing Your Pet To Mexico.

Regarding vehicles, the rules depend heavily on your residency status:

• Temporary Residents can bring a foreign-plated vehicle into the country with a Temporary Import Permit (TIP), which remains valid as long as your residency is active.

• Permanent Residents are generally prohibited from using a TIP. To keep a car, you must either buy a Mexican-plated vehicle or go through the complex process of nationalizing your foreign car.

Communications and Connectivity

High-speed fiber-optic internet is widely available in most cities through providers like TotalPlay or Telmex. A critical requirement for all residents is the mandatory registration of Mexican SIM cards. To prevent service suspension, you must link your phone number to your legal identity using your passport or residency information at a local provider’s office.

Expat vs. Retiree: Life in Mexico Comparison

While the legal process for “how to move to Mexico” follows a similar administrative path, the daily reality and long-term requirements differ based on whether you are arriving as a working expat or a retirement immigrant.

This comparison table highlights the key operational differences you will encounter once you are on the ground.

Key Takeaway for Both Groups

Regardless of your path, both groups benefit from the CURP (Unique Population Registry Code). This identification number is your key to the country, allowing you to sign contracts, access the Mexican tax system (SAT), and even get a Mexican driver’s license.

For a deeper dive into these lifestyle differences, the Expat Insider Report by InterNations consistently ranks Mexico as one of the best countries for ease of settling in and finding community, whether you are building a career or enjoying your golden years.

Finding Your Community and Final Steps

Choosing a location is just as important as the paperwork. Mexico is a diverse country, and the “right” spot depends heavily on your lifestyle goals. For those wondering how to move to Mexico successfully, the answer often lies in finding a community that aligns with your professional or social needs.

Top Destinations for Expats and Digital Nomads

If you are working remotely, high-speed internet and a vibrant social scene are likely your top priorities.

• Mexico City (CDMX): The ultimate urban hub with world-class coworking spaces and a deep culinary scene.

• Playa del Carmen: A coastal favorite for those who want a “work-from-the-beach” lifestyle with a global community.

• Puerto Vallarta: Known for its balance of traditional charm and modern amenities, making it one of the most popular havens for North American expats.

Top Destinations for Retirement Immigrants

Retirees often seek a slower pace, temperate weather, and established English-speaking networks.

• Lake Chapala & Ajijic: Home to the largest concentration of U.S. and Canadian retirees in the world, offering an “eternal spring” climate.

• San Miguel de Allende: A stunning colonial highlands city famous for its art galleries, festivals, and walkable historic center.

• Mérida: Often cited as the safest city in Mexico, it offers a rich Yucatecan culture and proximity to beautiful Gulf Coast beaches.

Conclusion

Moving to Mexico is more than a change of address; it is an invitation to a more intentional and colorful way of life. While the residency process requires careful attention to financial solvency and administrative steps, the reward is access to a country that values family, community, and the joy of the present moment. By following this comprehensive guide and staying informed through reputable relocation resources, you can navigate your move with confidence.

Ready to Start Your Journey?

Moving to a new country is a life-changing event. By taking it one step at a time—from your first consulate appointment to finding your favorite local taco stand—you are setting yourself up for a successful relocation. Mexico is waiting for you—start your journey today, and you’ll soon find yourself enjoying a sunset over the Pacific or a quiet morning in a colonial plaza, calling this beautiful country “home.”

Book Your Mexican Tours

Frequently Asked Questions (FAQ)