Why move to Mexico? Everything You Need to Know about Travelling, Living, Retiring and Moving to Mexico- Part II

Some Quick Facts about Mexico!

With over 125 million people, Mexico boasts the most Spanish speakers globally, surpassing Spain itself! Mexico is the 4th most biodiverse country, holding 10-12% of the world’s biodiversity. You might encounter spider monkeys, ocelots, and stunning macaws during your visit. While Spanish is widely spoken, Mexico recognizes 68 languages, 63 of which are indigenous. This linguistic diversity reflects the richness of its ancient cultures.

Mexico ranks 11th globally in population, boasting a vibrant blend of diverse ethnicities and cultural influences. Over 80 million Mexicans reside in cities, with Mexico City leading the pack as the Western Hemisphere’s most populous metropolis. Mexico’s GDP surpasses $1.2 trillion, placing it among the world’s top economic players.

Is Moving to Mexico Good for Indians?

There are both advantages and disadvantages to consider before making a decision. One of the main benefits of living in Mexico is the lower cost of living, especially regarding housing, food, and transportation. Retirees and individuals on a tight budget can take advantage of it. It is important to carefully weigh one’s priorities before making a decision.

While not large, a growing Indian community exists in Mexico, particularly in major cities like Mexico City and Monterrey. This can provide social connections and support if you’re looking for familiar aspects of your home culture. Depending on your skills and experience, Mexico’s growing economy may offer promising opportunities to start your own business or find work in various sectors. Thorough research, careful consideration of your priorities and circumstances, and consulting with individuals who have experience living in Mexico will help you make an informed decision.

Is Moving to Mexico Easy for Indians?

Moving to any new country, regardless of origin, involves unique challenges and opportunities. For Indians considering Mexico, it’s important to approach the decision with open eyes and careful planning. Spanish proficiency is crucial for navigating daily life and integrating into the community. Language courses and immersion programs can help immensely. Adapting to Mexican customs and social norms takes time and effort. Openness and respect are vital to appreciating the cultural richness.

Figure out the Legal Requirements and Documents Needed to Move to Mexico

Moving to Mexico involves navigating legal requirements and preparing specific documents, all dependent on your intended duration of stay and purpose. Here’s a breakdown to help you:

Short Stays (Up to 180 days):

  • Tourist Visa: If you plan to visit for tourism for less than 180 days, you only need a Visitor’s Visa (FM2).
  • Documents:
  • Valid passport for at least 6 months beyond your intended stay.
  • Completed visa application form.
  • Proof of financial means (bank statements, credit card statements).
  • Proof of return or onward travel (flight booking confirmation).
  • Two passport-sized photos.
  • Tourist Fee payment.

Extended Stays (Beyond 180 days):

  • Resident Visa: To stay longer than 180 days, you’ll need a Resident Visa (FM3). Different types exist based on your purpose of stay, such as retirement, investment, or self-employment.


  • Valid passport for at least 6 months beyond your intended stay.
  • You have completed a visa application form specific to your chosen category.
  • Proof of financial means (bank statements, income source documentation).
  • Proof of accommodation in Mexico (property ownership documents, rental agreement).
  • Additional documents like investment proof, business plan, or marriage certificate might be required depending on your visa category.

Student Visa (FM3):

  • Requirements: You must be enrolled in a full-time study program at an accredited Mexican institution.


  • Valid passport for at least 6 months beyond your intended stay.
  • Completed FM3 visa application form.
  • Proof of acceptance letter from your Mexican educational institution.
  • Proof of financial means to support yourself during your studies (bank statements, sponsor documentation).
  • Two passport-sized photos.
  • Payment of visa fee.

Job Visa (FM3):

  • Requirements: You must have secured employment with a valid work permit from a Mexican company before applying for the visa.


  • Valid passport for at least 6 months beyond your intended stay.
  • Completed FM3 visa application form.
  • Employment contract with your Mexican employer.
  • The Mexican Ministry of Labor and Social Welfare (STPS) issued a valid work permit.
  • Proof of financial means to support yourself during your initial stay (bank statements).
  • Two passport-sized photos.
  • Payment of visa fee.

Retirement Visa (Rentista):

  • Requirements: You must demonstrate a stable income exceeding a specific monthly threshold (currently around USD 1,621 in 2024).


  • Valid passport for at least 6 months beyond your intended stay.
  • Completed Rentista visa application form.
  • Proof of sufficient monthly income (bank statements, pension statements).
  • Proof of investment in Mexico (optional, can expedite processing).
  • Two passport-sized photos.
  • Payment of visa fee.

Additional considerations for all categories:

Health insurance

Having health insurance in Mexico is crucial for ensuring a safe and secure stay, regardless of your reasons for being there. Medical emergencies can happen unexpectedly, and having insurance provides much-needed financial protection against potentially high costs. You can focus on getting healthy without worrying about the bills. Mexico boasts a robust healthcare system with talented professionals and excellent facilities.

However, accessing these services can be expensive without insurance. With coverage, you can confidently seek qualified medical attention whenever needed. Health insurance might be mandatory depending on your visa status and intended stay duration.

Bank account

Opening a bank account in Mexico before moving can be an innovative and convenient step, making your transition smoother and simplifying your day-to-day life. A local bank account can simplify your financial management by avoiding international money transfer fees and making receiving your salary and paying bills more manageable. Some visa applications require proof of sufficient funds, and a Mexican bank account can help demonstrate your financial commitment to the country. An established account streamlines future financial tasks like applying for loans or purchasing property.


Language proficiency

Learning Spanish is highly recommended for anyone planning to move to Mexico, including Indians. From ordering food to asking for directions, basic Spanish opens doors to daily interactions and independence. Communicating in Spanish fosters more profound connections with locals, enriching your cultural experience and building friendships. Spanish proficiency significantly increases employment opportunities in various sectors, especially when interacting with Spanish-speaking clients or colleagues.

Immigration consultant

Consult an immigration specialist for personalized guidance and assistance navigating the visa application process. Remember, Immigration laws and procedures are constantly changing. A qualified consultant possesses the knowledge and expertise to navigate these intricacies smoothly. They can guide you through the specific visa requirements for your purpose of stay, ensuring you gather the correct documents and avoid potential roadblocks. Consultants can handle paperwork formalities, communication with authorities, and visa application submissions, saving you time and stress.

Please Note: Your Immigration Journey is Uniquely Yours

Moving to a new country is an exciting adventure, but the path to immigration can be intricate and personal. Don’t get swept away by general advice – tailor your journey to your aspirations. Don’t hesitate to seek resources and information from official sources. While self-research is invaluable, consider consulting with a qualified immigration consultant. With thoughtful preparation, informed decisions, and expert guidance when needed, you can navigate the exciting world of immigration and start your new life in Mexico with confidence and success.