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by toomuchtodo 1424 days ago
You are somewhat overblowing the situation. Mexican financial solvency requirements are fairly low to get temporary or permanent residency. I applied for and received permanent residency for our entire family with 12 months of statements of a reasonably sized 401k. Portugal’s D7 visa requires $9k/year in passive income for a single person, $18k for a family of four (these numbers are likely lower now with the EUR approaching parity with the USD). These are not crazy numbers to accomplish. They’ll also accept a remote job if your company attests that they supports you doing so. I learned this from casual reading of Facebook groups and a gaggle of Reddit subreddits, confirming ground truth with immigration attorneys.

It is not one click, for sure, but these hurdles are nothing tremendous to overcome for a functioning adult. It is a reasonable path for people who have been priced out of a good life in the US by way of its economic and policy configuration. If the situation isn’t going to improve, you shop for a better jurisdiction to exist in.

1 comments

> I applied for and received permanent residency for our entire family with 12 months of statements of a reasonably sized 401k.

How common is it for folks to have almost half a million in the bank?!

The amount was far, far lower than that. Requirements below (tied to the MXN minimum wage), although they have gone up a bit since I applied (which, at the time, was on a lark just to learn the process by doing).

Admittedly, if you don’t have pension income, social security income, investment or rental income, or no earning potential, there will be challenges.

https://www.mexperience.com/financial-criteria-for-residency...