Living in Mexico

100-peso Mexican banknotes and 10-peso coins

2024 Was a Year of Two Halves for the Mexican Peso

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’s UMA and Residency Qualification Criteria 2025

UMA is replacing Mexico's 'minimum wage' as a basis for official calculations. This article describes how it affects applications for legal residency.

Mexico’s Minimum Wage Increases by 12% in 2025

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

El Aguinaldo: The Christmas Bonus in Mexico

Workers in Mexico look forward to their annual Christmas bonus payment, known as 'el Aguinaldo,' that is paid before December 20th each year

Guide to Mexican Visas, Residency and Immigration

Guide to the Mexican immigration: for visits to Mexico, and those seeking legal residency including retirement, working, or Mexican citizenship

Mexico’s Peso: More Big Strides in ’23; Estimates for 2024

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

Detailed Guide to the Cost of Living in Mexico 2024

This free and regularly updated detailed cost of living guide enables you formulate a budget based on your individual lifestyle choices when you live in Mexico

Mexico’s Minimum Wage Increased by 20% for 2024

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: Stability & Gains in ’22; Estimates for 2023

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