Citizenship by investment in Mexico (2024)

FAQs

Citizenship by investment in Mexico? ›

2. Can I get Mexican citizenship through investment? Yes, you can obtain Mexican citizenship by investment. You must prove that you have investments in the country amounting to $123,330 in real estate and $86,000 in business shares to qualify for temporary residency in Mexico and eventual citizenship after five years.

The answer is yes, and each year thousands of people become naturalized citizens of Mexico. There are several ways in which someone from the United States, Canada, or any other country can apply for citizenship in Mexico. These are: Having had legal residence in Mexico for 5 years.

Pay a filing fee: of $3,205.00 pesos (approximately $300 US dollars). 9. Evidence that you can speak Spanish, that you know Mexican history and that you are integrated into the national culture.

After 5 years of legal residency, a resident may be eligible for naturalization. To obtain citizenship they must have Spanish language skills and pass a test and interview about Mexican history, culture and values.

You can apply for Temporary Residency if you own a residential property in Mexico (not abroad) with a market value of at least 40,000x Minimum Daily Wage (MDW) or UMA. This equates to: MXN$8,297,600 (approximately $437,000 US dollars) if MDW is applied to the calculation; or.

Yes, the U.S. allows dual citizenship by default. The government does not require naturalized U.S. citizens to give up their citizenship in their country of origin.

Mexican citizenship through residency

If you've been a legal resident of Mexico at least five years you are entitled to apply for naturalization-based citizenship. This is a very common route for US citizens to become a Mexican dual national.

Applications to become a Naturalized Mexican are complex, require a specific process to be followed with strict criteria being met, and take at least a year to complete. Here are some resources you may find helpful: Government website about naturalization.

Foreigners can own property in Mexico. It's perfectly legal. Outside the restricted zones—50 kilometers (about 31 miles) from shorelines and 100 kilometers (about 62 miles) from international borders—foreigners can hold direct deed to property with the same rights and responsibilities as Mexican nationals.

General Information. A visitor visa allows you to stay in Mexico for a period of up to 180 days, provided that you are not carrying out any paid activities.

What are the benefits of Mexican citizenship? ›

It allows you to work, attend school, vote, have a Mexican passport, own property, and other benefits that are country-specific. On May 18, 2021, the Human Rights Bill, allowed people who are of Mexican descent but born in the U.S. the ability to officially be a Mexican national without having to be born in Mexico.

The US allows dual citizenship for its citizens. This means that you can hold your US passport and be a citizen in another country at the same time. In such a scenario, you will be a citizen of two countries and share the same rights and responsibilities with other citizens in each country.

The Nationality Law establishes also that a foreigner who wishes to naturalize must do the following: present the application to the Secretariat of Foreign Affairs; formulate the renunciation of the person's country of origin, and take the oath of sole nationality to Mexico.

The “Temporary Resident Visa” is recommended for those who choose to own property in México. After four years it can be converted into a “Permanent Resident Visa”. This visa allows you to stay in Mexico for as long as you like without a restriction on foreign travel.

How much money should be shown on Bank Statements for a Mexico Tourist Visa? In order to obtain a Mexico Tourist Visa, your bank statements must show a balance of between 1,738 USD to 5,214 USD. This is to demonstrate that you have sufficient funds to cover the expenses of your trip.

A fideicomiso is a trust that allows foreigners to buy property in Mexico with all the rights of a Mexican citizen. This is a safe, legal, and extremely common vehicle for foreign ownership of real estate in Mexico. Sell it, rent it, build on it, live on it, or pass it down to your heirs… the choice is yours!

U.S. law does not require a U.S. citizen to choose between U.S. citizenship and another (foreign) nationality (or nationalities). A U.S. citizen may naturalize in a foreign state without any risk to their U.S. citizenship.

You must apply for a Permanent Resident Visa at your nearest Mexican Embassy to obtain legal residence in Mexico. You can make your application based on family reunion or economic solvency.

Foreigners who wish to remain in Mexico indefinitely need to apply in person for a Permanent Resident Visa at the Consular Office closest to their place of residence. Visa application form printed on one page, double sided, properly completed and signed.

A visitor visa allows you to stay in Mexico for a period of up to 180 days, provided that you are not carrying out any paid activities.