Mexican immigration law assumes that a non-resident is able to qualify for residency in the country if he has a certain amount in his bank account. As of 2025, this is approximately US$72 thousand for temporary and US$272 thousand for permanent residence in Mexico. This is the minimum balance you must have had in your account for each of the last 12 months. At the same time, only non-working pensioners can obtain permanent residence based on savings.
We are often asked the question,Will the consular department accept a statement from an investment (brokerage) account?The answer depends on the consulate where you will submit the paperwork to obtain a Mexican resident visa. Mexican consulates in the USA, Canada and several EU countries accept statements of investment accounts as evidence of the applicant's economic solvency. The consular department in Moscow accepts such statements if they are completed correctly, but every other time. The Consulate in Istanbul does not accept statements from such accounts. The decision depends entirely on the consulate, so we suggest asking the question whether an investment account statement is suitable or not suitable for applying for a visa directly to the chosen consulate.
In addition, funds have the opportunity to serve as confirmation of the economic viability of the applicant. The question of whether an extract from a depository or securities account is suitable must be resolved individually with the consular department. But if the brokerage company or account is somehow connected with trading cryptocurrencies or is nominated in one of them, the consulate will definitely refuse.
Savings account statements are always suitable. But here the question of choosing a consulate arises. The account does not have to be opened in your country of citizenship. To obtain a visa, it is best to contact the Mexican consular office in the country where the account is opened. Nobody prevents you from contacting a Mexican diplomatic mission in a third country. At the same time, then the extract must be notarized and apostilled. The chances of not receiving a visa in a third country are reduced because the consul may not want to understand statements from a country that his consular department does not serve. Our experience speaks to this. Similarly, Mexican consulates in the US and Canada only accept statements from investment accounts opened in the US and Canada.
If you live in America, your 401(k) retirement account can also be used to demonstrate economic solvency when obtaining a residence permit in Mexico. The consulate will consider it a savings account.
Is it allowed to sum balances from different accounts?Yes, you can. But this again depends on the consulate. Even in the US, some consulates want the entire amount required to be in one account. Others allow mixing of balances not only in savings accounts, but also in savings and investment accounts. Fortunately, Mexico has about 50 consular missions in the USA alone, and you can always choose the most loyal one.
You cannot mix accounts in different countries, but it is allowed in the same country in different currencies. Cash and funds must not be mixed.
All consulates like it when there was a movement of funds on the account during the reporting period. All consulates are suspicious when a stable amount has been lying on the account for the last 12 months without movement.
You can find more information about obtaining a residence permit in Mexico based on economic viability in thispublications.