Visa for Mexico
Program: Visa de Residencia Temporal No Lucrativa (Temporary Resident Visa) — Solvencia Económica
Duration: 1 year initially (visa sticker valid 6 months; must exchange for resident card within 30 days of entry at INM office). Renewable annually up to 4 years total. After 4 years, eligible for permanent residency (if earning $5,460+/month for last 6 months).
Income: Monthly income route: approximately USD $3,700–$4,400 net/month (300× Mexican daily minimum wage) for the last 6 months. Consulate-specific — exact amount varies by location. Savings route: approximately USD $62,000–$74,000 (5,000× Mexican daily minimum wage) maintained for last 12 months. Increases ~$860/month per dependent.
Full Mexico DNV guideMexico Temporary Resident Visa requires $3,000/mo income or $50K+ in savings. Issued for 1 year, renewable to 4 years total. Then permanent residency.
Cost of Living in Mexico City
Best Neighborhoods for Nomads
Roma Norte
Trendy, walkable, art galleries
Condesa
Tree-lined streets, cafes, parks
Polanco
High-end, business district
Coyoacán
Historic, artsy, Frida Kahlo's home
Internet & Infrastructure
Coworking & cafés in Mexico City
See all
Things to Do in Mexico City
1-hour day trip to ancient ruins
Mexican street food + craft beer
Skyscraper views, central location
Cultural icon's blue house
Main avenue closed to cars
Pros & Cons
Pros
- Mexico Temporary Resident Visa easy to get
- World-class food culture
- Strong nomad community
- Great year-round weather
- Affordable for the size and amenities
- Direct flights from US/EU
Cons
- Altitude takes 1-2 weeks to adjust (2,250m)
- Air pollution in dry season
- Traffic is brutal
- Need basic Spanish outside touristy areas
- Earthquakes (regular minor, occasional major)