November 2, 2024 – Mexico: Gateway to Latin America
Published Date: 2 Nov, 2024
Mexico offers a rich cultural experience, warm climate, and affordable cost of living, making it attractive to retirees, digital nomads, and entrepreneurs.
Cost of Living:
Monthly Expenses: MXN 20,000–35,000 (USD 1,000–1,800).
Utilities: MXN 1,500–2,500 (USD 75–125) per month.
Rent Prices:
1-Bedroom Apartment in Mexico City: MXN 8,000–15,000 (USD 400–750) per month.
Smaller Cities: MXN 5,000–10,000 (USD 250–500) per month.
Job Opportunities:
Key Industries: Automotive, Manufacturing, Tourism, IT, and Oil & Gas.
Growing Sectors: Tech startups and remote work hubs.
Minimum Financial Commitment:
You'll need around MXN 100,000 (USD 5,000) for initial expenses.
Residency & Citizenship:
Residency: Temporary residency available for those with sufficient income or through employment. Permanent residency after four years.
Citizenship: Possible after 5 years of residency.
How ALand Can Help: ALand collaborates with Mexican immigration specialists to assist with visa applications, property purchases, and business setup.
Date: 2 Nov, 2024
