Living in Mexico

Mexico implements nine consecutive years of double-digit daily minimum wage rises with an increase of 13% for 2026—to $315.04 pesos per work day

Under a former RNE procedure holders of an expired visitor permit could apply for residency in Mexico. The program was closed in May 2025.

Mexico's peso started 2024 in fine spirits, but events during the summer brought pressure to bear on the currency, causing a 19% devaluation by year-end

Mexico implements eight consecutive years of double-digit daily minimum wage rises with an increase of 12% for 2025—to $278.80 pesos per work day

In 2023, Mexico's peso extended the solid gains it made in 2022, supported by interest rates, economic growth, exports, tourism, and remittances from abroad

Mexico implements six consecutive years of double-digit daily minimum wage rises with another increase of 20% in 2024—to $248.93 pesos per work day

Mexico's peso was stable and also posted a solid gain in 2022, supported by interest rates, exports, tourism, and foreign-currency remittances from abroad

Mexico continues to follow a pattern of inflation-busting daily minimum wage rises with an increase of 20% for 2023—to $207.44 pesos per work day

The Mexican Senate approved a change in the law that eliminates the practice of “springing forward” and “falling back” each year

This experienced law firm offers bilingual assistance for legal matters that foreign residents in Mexico commonly need to engage with

Mexico's peso was fairly stable against the US dollar in 2021, supported by prudent policy decisions and a recovering economy after a tumultuous 2020

Mexico continues to follow a pattern of inflation-busting daily minimum wage rises with an increase of 23% for 2022