Guides · Mexico
—The stakes. Mexico’s residency rules do not set one nationwide dollar amount because consulates interpret the annual UMA against their own exchange rates.
—The mechanism. The formal financial test uses multiples of the UMA, often 680× monthly income or 11,460× savings for temporary residency.
—The destinations. Lake Chapala and Ajijic remain the best-documented North American retirement hubs with published couple budgets around US$1,800 to US$2,500 monthly.
—The practicalities. Residents need a CURP for healthcare and banking, plus an RFC tax number for tax compliance and many financial transactions.
