Investing for Survival

      Investing for Survival

VISAS IN MEXICO

New Policies and Changes to Residence

Last November Mexico rolled out a series of new visa categories and requirements—the most radical re-thinking of its visa policies in more than 20 years. At writing some details are still in flux. But major changes include a streamlined application process and significantly higher income requirements for residence visas. Here’s more information: Mexico is maintaining its generous 180-day tourist visa (now called a visitor visa)—and you can renew it by simply leaving Mexico and returning.

(In comparison, most countries allow visitors to stay no longer than 90 days at one time.)

Those wanting to live in Mexico full-time can get a temporary-resident visa. You can apply for up to a four-year’s stay in a single application—but you must start the process in your home country, not in Mexico. After a maximum of four years, though, you must get a permanent-resident visa—or leave the country. The permanent visa is a one-time application and is valid indefinitely.

Minimum monthly income for a temporary resident visa is roughly $2,500 a month, with an additional $500 for each dependent. Permanent-resident visa-holders must show a monthly income of about $2,500 a month, with $500 extra for each dependent. 

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            Five elements of effective thinking (medium and very interesting):

            http://janav.wordpress.com/2013/08/10/the-5-elements-of-effective-thinking/