Share your needs with us, get contacted by law firms.
Free. Takes 2 min.
The Retirement Visa, officially known as the Temporary Resident Visa for Pensioners, is designed for foreign nationals who wish to retire in Mexico with a stable income. Tepotzotlan offers an attractive destination due to its rich cultural history and tranquil setting. This visa allows retirees to live in Mexico for an extended period, typically up to four years, with the possibility of renewal or eventual transition to permanent residency. Applicants need to demonstrate sufficient financial means to support themselves during their stay in Mexico.
While it's possible to apply for a Retirement Visa without legal assistance, there are several situations where the expertise of a lawyer may be beneficial:
Tepotzotlan, like the rest of Mexico, abides by federal immigration laws governed by the Instituto Nacional de Migración (INM). Applicants must apply through a Mexican consulate before traveling to Mexico. Key local considerations include:
Applicants must be able to prove a regular income from a pension or demonstrate a substantial savings balance for self-sufficiency.
Processing times vary but typically range from several weeks to a few months, depending on the workload of the Mexican consulate processing your application.
No, the Retirement Visa does not permit employment in Mexico. Its purpose is for leisure and retirement.
Yes, after four years on a Temporary Resident Visa, you may apply for permanent residency, provided you meet the necessary qualifications.
The visa is typically issued for one year initially and can be renewed for one to three additional years, totaling four years.
Mexico and the United States, among other countries, have tax treaties to avoid double taxation. However, it is crucial to consult with a tax advisor for personalized advice based on your situation.
Key documents include a valid passport, proof of financial solvency, recent photographs, and evidence of local accommodation.
You must start the application process at a Mexican consulate in your home country. The final approval and issuance occur at an INM office in Mexico.
While it's not strictly mandated for visa issuance, having health insurance is highly recommended due to the high costs of medical care for foreigners.
Yes, family members can also be included in your visa application by demonstrating additional financial means to support them.
Seeking help from governmental bodies and organizations can clarify the process:
If you require legal assistance with your Retirement Visa application, consider the following steps:
