Mexico · Retire or live on savings
Mexico Retiree permanent residence
Income needed: MXN 134k+ a month ≈ $7,310
Visa de Residencia Permanente — jubilados o pensionados (Lineamientos, Trámite 7 III a)
Checked against official sources on Change log
Key facts
Retiree permanent residence is a retire or live on savings route for Mexico. Applicants need income of MXN 134k+ a month ≈ $7,310. You can work locally. Checked 2026-10-12 against the official source.
- Money needed
- MXN 134k+ a month ≈ $7,310
- Government fees
- MXN 991 ≈ $54 · MXN 14k ≈ $740
- Processing
- 10 working days
Cost, time and long term
To apply: government fees MXN 15k ≈ $800 in total (2 fees); income to show MXN 134k+/mo ≈ $7,310; decision: 10 working days. No lawyer or agent fee is included.
Government feesMXN 991 ≈ $54 · MXN 14k ≈ $740
- MXN 990.79 (≈ $54)Consular visa fee, Ley Federal de Derechos art. 22 (III d); paid at the consulate.
- MXN 13,578.96 (≈ $740)Permanent resident card issued by INM in Mexico (Ley Federal de Derechos art. 8 VII).
Shown, not spentMXN 5.4M+ ≈ $294k · MXN 134k+/mo ≈ $7,310
- MXN 5,378,663.5 (≈ $294,000)Alternative 1: investments or bank accounts with average monthly balance equivalent to 45,850 days of UMA over the last 12 months (45,850 UMA days x MXN 117.31 (≈ $6) daily UMA 2026).
- MXN 133,733.4 a month (≈ $7,310)Alternative 2: pension income free of liens above the equivalent of 1,140 days of UMA per month over the last 6 months (1,140 UMA days x MXN 117.31 (≈ $6) daily UMA 2026).
RenewalRenewal rules
Permanent resident status has no fixed term.
Processing10 working days
The consulate decides within 10 working days of the consular interview.
Where to applyFrom abroad
Apply for the visa at a Mexican consulate, then collect the resident card from the immigration institute in Mexico within 30 days of arriving.
Why this route may not fit
Check this before you apply.
- Applications are made from outside Mexico, not after arriving
What you'll need
What you must show1
- A visa fee is payable.
Documents1
- A valid passport is required.
Steps1
- A consular interview is required.
When you become tax resident
How Mexico decides tax residence and treats foreign-source income, from its tax records.
- Foreign-source income
Worldwide income of Mexican residents; Mexican-source income of non-residents without a permanent establishment.
All tax rules for Mexico Tax records checked
Full official text
Permanent resident visa for retirees and pensioners proving savings or a pension. 1 2 3 4 5
What you must show and pay
- Savings of at least MXN 5,378,663.5 (≈ $294,000) · Alternative 1: investments or bank accounts with average monthly balance equivalent to 45,850 days of UMA over the last 12 months (45,850 UMA days x MXN 117.31 (≈ $6) daily UMA 2026). 1 2
- Income of over MXN 133,733.4 a month (≈ $7,310) · Alternative 2: pension income free of liens above the equivalent of 1,140 days of UMA per month over the last 6 months (1,140 UMA days x MXN 117.31 (≈ $6) daily UMA 2026). 1 2
- A fee of MXN 990.79 (≈ $54) · Consular visa fee, Ley Federal de Derechos art. 22 (III d); paid at the consulate. 4 1
- A fee of MXN 13,578.96 (≈ $740) · Permanent resident card issued by INM in Mexico (Ley Federal de Derechos art. 8 VII). 4
Requirements
Stay
- Consular visa is valid up to 180 days for a single entry; the resident card is then issued in Mexico. Permanent resident status has no fixed term.
- Visa validity: 6 months. Validity is the window to use the visa, not the length you may stay.
Work
Permanent residents may work for pay in Mexico.
Family
Spouse, partner, children and eligible relatives can apply for permanent residence as family unit; each must show the family-unit solvency in the Lineamientos. Your spouse or partner needs their own work permit to work in Mexico.
Official sources
- Lineamientos en materia de visas (DOF 25 July 2025): Trámites 5, 6, 7, 10 · Secretaría de Relaciones Exteriores / Diario Oficial · checked 2026-10-12 · published 2025-07-25
- Comunicado 1/26: Unidad de Medida y Actualización 2026 (daily MXN 117.31) · INEGI · checked 2026-10-12 · published 2026-01-08
- Visas para extranjeros · Secretaría de Relaciones Exteriores · checked 2026-10-10
- Ley Federal de Derechos, arts. 8, 11, 14 Bis and 22 (text current to DOF 7 Nov 2025, amounts for 2026) · Cámara de Diputados · checked 2026-10-11
- Ley de Migración (arts. 52 to 56 and 111; text as last amended DOF 29 April 2022) · Cámara de Diputados / Instituto Nacional de Migración · checked 2026-10-12
Retiree permanent residence and its alternatives
| Route | Money needed | Stay | Work |
|---|---|---|---|
| Retiree permanent residence | Needs income of MXN 134k+ a month ≈ $7,310 | – | Yes |
| Income / savings residence | Needs income of MXN 80k+ a month ≈ $4,360 | 4 yr | With a permit |
| Pensioner visa M Colombia | Needs income of COP 5.3M+ a month ≈ $1,640 | 3 yr | Yes |
| Pensionado residence Costa Rica | Needs income of $1,000+ a month | 2 yr, renewable | Limited |
| Pensioner residence Argentina | Needs income of ARS 2M+ a month ≈ $1,290 | 3 yr | – |
Questions people ask
How much money do I need for the Retiree permanent residence?
Savings of at least MXN 5,378,663.5 (≈ $294,000). Alternative 1: investments or bank accounts with average monthly balance equivalent to 45,850 days of UMA over the last 12 months (45,850 UMA days x MXN 117.31 (≈ $6) daily UMA 2026). Income of over MXN 133,733.4 a month (≈ $7,310). Alternative 2: pension income free of liens above the equivalent of 1,140 days of UMA per month over the last 6 months (1,140 UMA days x MXN 117.31 (≈ $6) daily UMA 2026). A fee of MXN 990.79 (≈ $54). Consular visa fee, Ley Federal de Derechos art. A fee of MXN 13,578.96 (≈ $740). Permanent resident card issued by INM in Mexico (Ley Federal de Derechos art.
How long can I stay on the Retiree permanent residence?
Consular visa is valid up to 180 days for a single entry; the resident card is then issued in Mexico.
How long does the Retiree permanent residence take to process?
The consulate decides within 10 working days of the consular interview.
Can I work on the Retiree permanent residence?
Yes. Permanent residents may work for pay in Mexico.
Can I bring my family on the Retiree permanent residence?
Spouse, partner, children and eligible relatives can apply for permanent residence as family unit; each must show the family-unit solvency in the Lineamientos.
How are Retiree permanent residence holders taxed in Mexico?
No special regime in our records is tied to the Retiree permanent residence. The standard rules apply: Persons resident in Mexico pay income tax on all their income wherever the source is located (LISR art. 1 fr.
More in Mexico
Retirement and live-on-savings visas elsewhere
≈ USD figures are approximate: daily reference rates from ExchangeRate-API, dated 12 Oct 2026, refreshed when the site is updated.
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How this was checked
Checked on 2026-10-12 against 5 official sources. Status: verified against the official sources.
Every figure on this page comes from the official source it links to. The record was researched against these sources, then reviewed separately, with special attention to effective dates and amendments. Where a source does not state something, the page leaves it out.
- Lineamientos en materia de visas (DOF 25 July 2025): Trámites 5, 6, 7, 10 · Secretaría de Relaciones Exteriores / Diario Oficial · checked 2026-10-12
- Comunicado 1/26: Unidad de Medida y Actualización 2026 (daily MXN 117.31) · INEGI · checked 2026-10-12
- Visas para extranjeros · Secretaría de Relaciones Exteriores · checked 2026-10-10
- Ley Federal de Derechos, arts. 8, 11, 14 Bis and 22 (text current to DOF 7 Nov 2025, amounts for 2026) · Cámara de Diputados · checked 2026-10-11
- Ley de Migración (arts. 52 to 56 and 111; text as last amended DOF 29 April 2022) · Cámara de Diputados / Instituto Nacional de Migración · checked 2026-10-12
Tracked since 2026-10-10. Rule changes and corrections are listed on the changes page, and the methodology page explains how facts are checked. Found something out of date? Email contact@stayglobe.app with a link to the official source.