An
FM-3 is a one year permit to reside in Mexico. This document makes the holder a
No Imigrante (Non-Immigrant) like the tourist card
but, unlike the tourist card you are allowed to live in the country for an
extended period of time. The document must be renewed each year as long as you
continue to reside in Mexico. After your fifth year you can either upgrade to
an FM-2 or simply request a new FM-3.
The
following information applies to persons who will be considered Rentistas meaning
you will not work in Mexico.
Where do I get one?
You
may apply for an FM-3 at any Mexican Immigration office within Mexico or at any
Mexican Consulate.
What do I need to get one?
Follow
this two step process.
Step
1
You
will need to submit the following:
A letter in Spanish addressed
to the proper immigration authorities - check with your nearest Mexican
Consulate about this.
The body of the letter must
include your full name, current address, a
request to change your immigration status from Tourist to FM-3, and a
statement to the effect that you have annexed all pertinent paperwork.
A current and original
tourist visa.
Yourpassport.
Proof of income. This figure
changes constantly. It is based on minimum wage (250 times the minimum
wage in Mexico City) and fluctuates with the exchange rate. This proof
could be in the form of a bank statement showing your investments generate
that amount or more, it could also be a letter from your consulate stating
you receive social security, a pension, etc.
The monthly income
requirements are reduced by 50% if you own and reside in your Mexican
home. If this is the case, be sure to include a notarized copy of either
the deed (escritura) or trust.
All that is required is proof
that the minimum income is deposited in any financial institution,
anywhere with credibility, be it the US, Europe, or offshore institution.
Even a stock brokerage account, showing the requisite income, has proved
sufficient, both in obtaining an original FM-3, both within Mexico at the
local immigration office and at an overseas Mexican Consulate.
If you are married and your
spouse also wishes to apply for an FM-3, have your original marriage
certificate authorized and translated at the Mexican Consulate nearest the
place of marriage.