The financial qualification is supposed to be EITHER monthly income for at least 6 months (although some consulates ask for 12 months), OR bank deposit for 1 year.
According to the official regulations, you can get a permanent visa from the start if you meet the higher financial qualification that it requires, but many consulates will only pre-qualify retirees on a pension for a permanent visa, and anyone younger and without a pension will have to accept temporary. If they say you can only get a temporary visa at first, then that’s how it will be.
As far as I know, having a long-term rental would have no effect on your qualification either way (permanent or temporary).

 

That lines up with my recent experience. I'm 70, getting social security, and presented documentation that was accepted that established financial solvency more than the consulate's min of 293K for immediate perm res. They indicated no permanent res visa because 1) no proof of social security for at least 6 months [?] and 2 because I did not have an established residence in Mexico. They offered a Temp Residency. I get the impression that perhaps the carrot of permanent residency is a quasi bait and switch.

 

OK thank you. That makes sense.

Is there anyway by chance to figure out if a consulate is inclined to go for the permanent residency first? We would have no problem going to anywhere in Central America outside of Mexico to any of the consulates.

Bottom line, if we had to start with the temporary visa, we could do that. It would be nice just to get the qualification over with and it would also help my daughter quite a bit if we were all permanent residents as I think it would make her schooling a bit cheaper.

 

I’m not sure that universities distinguish between temporary and permanent resident students. Or have you found specific information on the university she’s interested in that says they do? My guess would have been that they distinguish between nationals and foreigners, or else between residents (whether foreign or national) and visitors (international students on a student visa), but not between temporary and permanent residents.

 

OK, I appreciate this. They will be checking directly with the university shortly. And that's actually one of the main reasons I'm writing here. To see if what I am reading on the Internet is correct. I figure there is not a better place to ask than the people on the ground here. So you could very well be right and likely are.

 

If your wifw s father is Mexican , I think your wifw can claim Mexican citizenship and the children too once your wif is Mexican, that may help speed up things. You should talk to an immigration lawyer because Nicaraguan may be differnt from the US and use whichever nationality will help speed up things

 

No not quite like that. My father a US citizen, is married for 45 years to a woman who is a Mexican citizen and a US citizen. They live a good percentage of the time in Mexico. My father I believe has permanent residency there but does not have citizenship.

So my father's wife is not directly related to me or my wife or our children.. But maybe because of the years and all there would be at least some advantage if nothing else maybe just emotional advantage making them understand our connection is a bit deeper to the country.

 

Oops if your father is not a citizen than it is back to th regular way of getting a visa. I f you have the income, you do not need any story about your connection you will get the US, Mexico is not the Us...thank God for you.

 

I am beginning to catch on here. Thank you. It looks like we should not have any problem just whether or not they will give us the permanent or the temporary. And frankly we could live with either one. Of course I would rather have the permanent as we do qualify technically and it would make it easier and less involved with paperwork down the road.

 

If you are a naturalized Mexican citizen you cannot leave the country for more than 5 years at the risk of losing your nationality. If you are a permanent resident you can do what you want and if you rent you are not at risk of losing your property. Everyone is concerned about the new government except for the AMLO fans.
I think it is worth trying to get permanent or temporary residency .Are they restricting the people who have the money to stay here now? There are plenty of people who do not qualify because of the raising of the minimum wage that affects the minimum you need to haveto stay here but what reasons do they give to people who qualify moneywise.?

 

If you are a naturalized Mexican citizen you cannot leave the country for more than 5 years at the risk of losing your nationality. If you are a permanent resident you can do what you want and if you rent you are not at risk of losing your property. Everyone is concerned about the new government except for the AMLO fans.
I think it is worth trying to get permanent or temporary residency .Are they restricting the people who have the money to stay here now? There are plenty of people who do not qualify because of the raising of the minimum wage that affects the minimum you need to haveto stay here but what reasons do they give to people who qualify moneywise.?

If you are a naturalized Mexican citizen you cannot leave the country for more than 5 years at the risk of losing your nationality. If you are a permanent resident you can do what you want and if you rent you are not at risk of losing your property. Everyone is concerned about the new government except for the AMLO fans.
I think it is worth trying to get permanent or temporary residency .Are they restricting the people who have the money to stay here now? There are plenty of people who do not qualify because of the raising of the minimum wage that affects the minimum you need to haveto stay here but what reasons do they give to people who qualify moneywise.?

Residency, whether temporary or permanent is a "privilege" and not an absolute "right." That being said it is risky to own property in Mexico if you have residency status and a fiedecomiso (99 year lease). Basically, you own nothing and are a perpetual renter for all intents and purposes. A the port Portfolio Program through Abogados El Rey is the key to ensuring your stay and property.

 

Agreed. And things may change in unpredictable ways with wild thing being belligerent with everyone in the neighborhood.