Comments on: Qualifying for Legal Residency in Mexico in 2024 https://www.mexperience.com/qualifying-for-legal-residency-in-mexico-in-2024/ Experience More of Mexico Sat, 03 Aug 2024 21:28:44 +0000 hourly 1 https://wordpress.org/?v=6.6.1 By: Mexperience https://www.mexperience.com/qualifying-for-legal-residency-in-mexico-in-2024/#comment-34842 Mon, 03 Jun 2024 20:20:44 +0000 https://www.mexperience.com/?p=67118_4e1998f3-527c-400b-b298-a0835b0c08cf#comment-34842 In reply to Ben.

Hi Ben, it depends on your individual situation and the consulate that you apply at.

Our associates offer an hourly consultation service if you would like to talk to someone in detail about your individual situation and get help to plan an application strategy.

You can find details about the service here:
https://www.mexperience.com/get-assistance-with-your-mexico-residency-application/

]]> By: Ben https://www.mexperience.com/qualifying-for-legal-residency-in-mexico-in-2024/#comment-34841 Mon, 03 Jun 2024 19:19:51 +0000 https://www.mexperience.com/?p=67118_4e1998f3-527c-400b-b298-a0835b0c08cf#comment-34841 Can I apply for Permanent Residency if I am retiring “soon?” I want to apply for the Permanent Residency while I still have enough assets in banks to qualify but planned to buy a house before we finally retired and moved there. Once I buy the house, I won’t have the assets to qualify for PR. So can I apply now for PR and then retire and move there later? If so, how much “later?”

]]> By: Mexperience https://www.mexperience.com/qualifying-for-legal-residency-in-mexico-in-2024/#comment-34656 Tue, 12 Mar 2024 18:25:28 +0000 https://www.mexperience.com/?p=67118_4e1998f3-527c-400b-b298-a0835b0c08cf#comment-34656 In reply to Mark A Ramey.

Hello Mark,

Income from an annuity is regarded as income, not savings/investment.

Some consulates accept balances held in an IRA, others don’t. IRA balances are regarded as savings/investment.

]]> By: Mark A Ramey https://www.mexperience.com/qualifying-for-legal-residency-in-mexico-in-2024/#comment-34655 Tue, 12 Mar 2024 17:50:50 +0000 https://www.mexperience.com/?p=67118_4e1998f3-527c-400b-b298-a0835b0c08cf#comment-34655 Does income from my lifetime annuity count? And is it considered income or savings? I have savings in an IRA as well.

]]> By: Mexperience https://www.mexperience.com/qualifying-for-legal-residency-in-mexico-in-2024/#comment-34630 Tue, 27 Feb 2024 22:00:14 +0000 https://www.mexperience.com/?p=67118_4e1998f3-527c-400b-b298-a0835b0c08cf#comment-34630 In reply to Joanie.

Hi Joanie, the figures (income/savings) quoted above are current. If you don’t qualify financially, there are some potential alternative ways you might qualify and they are described above.

]]> By: Joanie https://www.mexperience.com/qualifying-for-legal-residency-in-mexico-in-2024/#comment-34582 Thu, 01 Feb 2024 02:37:18 +0000 https://www.mexperience.com/?p=67118_4e1998f3-527c-400b-b298-a0835b0c08cf#comment-34582 I’m coming from a place of complete ignorance here, so please grant me some grace with your response…

I live in San Diego & will be 67 in ten years. I know I won’t be able to afford to live here when I can no longer work (70?) & start drawing social security. That’ll be under $2000 a month. The notion of moving to Playas de Tijuana where I could afford rent is what keeps me from panicking. Is this article saying I’d need over twice the income to do that?!? (Savings is a non-issue as it’s wiped out by medical situation & unlikely ti replenish.) I’m stunned and may need a new life plan!

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