Mexico retirement visa.

Income needed

USD 7,350 a monthA pension or Social Security income of at least USD 7,350 a month after tax, at the Saint Paul consulate. Each consulate sets its own dollar figure and it changes each year.

Or savings

USD 367,650Instead of the pension, you can show investments or bank accounts with at least USD 367,650 every month for the last year (Saint Paul consulate).

Minimum age

No minimumThe consulate list sets no age limit.

First permit

PermanentThe visa is valid for 6 months and one entry. The permanent resident card is then issued in Mexico.

Health insurance

Not publishedThe consulate list does not ask for health insurance.

Work

Not publishedThe consulate pages do not say whether you can work on this permit.

Minimum stay

Not publishedThe consulate pages do not set a minimum stay.

Permanent residence

Right awayThis visa leads straight to a permanent resident card, issued in Mexico.

Cost

Several feesUSD 54 for the visa at the Saint Paul consulate. The New York consulate lists USD 56 in 2026 for a temporary resident visa. The card in Mexico has its own fee.

Processing time

Up to 10 working days at the consulate.

Where to apply

In person at a Mexican consulate, with an interview. After you enter Mexico, you go to the National Migration Institute (INM) for your permanent resident card.

• Figures differ by consulate. The Calexico consulate listed USD 6,797 a month or USD 271,868 in savings in 2025.
• Mexico also has a temporary resident visa for stays of more than 180 days and less than 4 years. In 2026 the New York consulate asked for a minimum bank balance of USD 71,500 over the last 12 months.

Checked 11 Oct 2026