You might be surprised at how simple it is to obtain your next permanent residency permit. Without requiring significant financial outlays or extended stays, several nations grant permanent residency. A temporary residency period is frequently omitted in favor of permanent residency, which is obtained with only the demonstration of financial stability or retirement income.
The following is a list of five nations where obtaining permanent residency is often simple:
- Mexico
Investors who can show that they have significant savings or a consistent monthly income have an easy route to permanent residency in Mexico. The current requirements are as follows:
- Monthly Income: You must provide documentation of a steady monthly income of roughly $7,800.
- Savings: Alternatively, you can demonstrate that you have savings or assets in the region of $293,000.
Even if these requirements are not met, you can still apply for a temporary residency visa if you:
- Make $4,300 a month or more,
- Possess roughly $78,200 in savings or investments.
After just four years of obtaining the temporary permission, you can convert it to permanent residency. Permanent residence is not subject to renewal requirements or physical presence once granted. But after the necessary five years of residency, you have to spend at least 180 days a year in Mexico to petition for citizenship.
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