Has anyone ever got a permanent residency from Mexico

04/23/23 I was just think since the requirements are changing for Brazilian to go to Mexico. Since I am a US citizens can qualify for residency in Mexico. I would like to see if both myself and my Brazilian wife could get a permanent residency for Mexico.
-@NewBrazil

I would recommend posting your question in the Mexico Forum as well:

https://www.expat.com/forum/442-3-visas-mexico.html

it's pretty active.

@NewBrazil

I recommend the same as abthree said.

I also will send u links to helpful mexican blog pages about this.

Perm redidency in Mexico has intense (high) financial requirements.

You can apply from abroad.

But not sure if you must be in your hone country to do it.

I think you need to earn at least about $4500 per month or show like $150,000 in bank.

dont quote me.

I hold a temp residency card of Mexico.

Temp is far easier to get with much lower requirements.

After holding temp cards for 4 years you can exchange them for perm cards.

Temp cards must be renewed in Mexico though.

Perm cards never expire! And do not need to be renewed!

This site is pretty good and accurate usually.

mexperience.com/about-renewing-your-mexico-resident-permit/

@NewBrazil

whatever you do, if you ever decide to pay somone to help you get residency, if in the Playa del Carmen town of Mexico, "never" use a lady named Teresa. Many people had problems with her, and lost lots of money.

Lower requirements equals low barriers to entry.    In investorspeak it means, better rates of return, since there is a higher barrier to entry.

Applying this principle to forgo Brazil in lieu of Mexico means....

When everyone and their mother moves in,  as if it is  a free for all, Immigration  can't just effectively get rid of the the unsavory. 

It is a known fact we have our issues with crime. Which would be compound by multiples if we weren't using the legendary bureaucracy to stem the tide, and  help us in separating the wheat from the chaff. 

There is a reason why the drug Cartels thrive by the US-Mexican border.  Because it is fair game out there. And heavens forbid if you are in their path by happenstance

Now, Mexico is certainly getting a windfall with NAFTA.  Monterrey, on Nuevo Leon State, is getting plenty of direct foreign investment as the region is becoming a hub for auto  manufacturing to meet domestic, US, Canada, and Latin America.   

Even the Chinese are getting into the action, by being wooed into dedicated Industrial Park complexes, as they all want to skirt the US tariff wars and be on the receiving end of US dollars and the American consumer market ( So let's not be fooled by their danging with that silly BRIC common currency, a pie-in-the-sky).

Now, if you are in earning age, Mexico might be your cup of tea. The outlook there looks rosy for those looking for jobs and opportunities, and you so happen to be in the right locale.

And there is the flip side of being in a place that is rocking.  Say goodbye to affordable living and housing. 

Lastly, be  reminded Mexicans  an extremely nationalistic bunch . So don't expect a fair handed treatment on jobs, legal disputes,  or overall fair treatment on business.  You get into a tiff, you are  expected to pay handsomely to get out of it, just because you are a foreigner.

Best of luck, and don't let the door hit you on your way out.

I meant to say.....

Harder requirements equals high barriers to entry.    In investorspeak it means, if you invest in something with higher barriers to entry, then you stand to gain on  better rates of return, since there are only a few that can get in.