FYI - Mexican Titled Car UpDate

[Jzmackenzie]

Permanent Resident ? Visa leading to Mexican citizenship (optional). Does not have to be renewed. Resembles many aspects of FM2.

Expatriates cannot be a Residente Permanente and have a foreign plated vehicle in Mexico under this status. After reading that today on the SMA_list I called the posting person who verified that fact:

Silvia Cadena

Cel. (044) 415 105-7586
Vonage: (818) 660-2303
Office/Home: 152-2711

She said that if you are stopped with a Residente Permanente and a foreign plated car, the car will typically be immediately impounded. If you have an accident, any car insurance is not considered valid as the car is in Mexico illegally.

FYI: Rules written in English: http://jaltembajalapeno.com/foreign-resi...d-changes/
If you need to apply for a visa or change your immigration status in any way there is an on line procedure which starts the process. That process has been translated and documented: INM ONline Immigration Application Procedure for Visas and changes

The cost of the visa or replacement of it is the same so don?t lose it: $3,815 pesos. The application process costs an additional $1,000 pesos. about $400 USD today...

There is a minimum income requirement for getting this visa in the range of 2,000 US$ per month or US$126,000 of investments for each individual. You may be required to prove this with bank statements for the past 6 months but the INM offices have the discretion to use a combination of assets including real estate to arrive at an equivalency. The idea is that you should be financially self sufficient.