Mexican Passport: Everything You Need to Know

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V I D E O S    T O    W A T C H    N E X T :

Online Business Tips to Working and Traveling In Mexico: https://www.youtube.com/watch?v=9zGH0voCyOc&list=PLh3xKhkMgH_IA6s3KvB_g9Cc9Ze1eji8j&index=2

Moving to Mexico: 10 Reasons Why We Chose to Live in Guadalajara https://www.youtube.com/watch?v=dK23vD8_xjc&list=PLh3xKhkMgH_LAY7UV78YMgms-f2e1UcwN&index=23

Tips for Moving Overseas: Top 5 Remote Work Skills That Make Money: https://www.youtube.com/watch?v=bFzjCrlNAL8&list=PLh3xKhkMgH_IA6s3KvB_g9Cc9Ze1eji8j

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Transcript

0:36

A lot of you guys have been asking, because we've been living in Mexico so long, do we have plans to get Mexican citizenship and what's the process like Anyway, in this video today we're gonna talk a little bit about we, the process for getting your Mexican passport as a second citizenship is like, and uh, step by step, walk you through everything you need to know about how to do it. We're also gonna be telling you some of the pros of the Mexican passport and why many people, particularly in offshoring businesses, are considering it as one of the best plan B passports out there right now. Welcome to Entrepreneur Expat. I'm Amanda. This is Justin, and on this channel we talk all about how to make money online so you can go anywhere in the world. We talk about investing and doing business internationally. We talk about living in other countries. Right now we're spending most of our time in Mexico and so much more. So if that's something that you're interested in, make sure to subscribe and hit the notification bell so you don't miss a single video that we have coming out on this channel. And go ahead and do us a favor and give this video a, like we have a mission to get in front of 1 million entrepreneur expats or aspiring entrepreneur expats. And you can help us do that by giving this video a like. Many of you have been asking us. Two things, uh, in emails and in our direct messages on Instagram and also in the comment section. Thing number one, you've been asking a lot of real estate questions. Can you help me find real estate? Should I buy things in foreclosure? Uh, should I buy land or should I buy a house? Number one, we can help you make the decision that's best for you with our real estate partners. So if you're interested in doing that right now, just go to entrepreneur expat.com/consult. We've been making connections with people all over the country for the last six months that can really help you who are experts in this field. And number two, we are going to be doing a series of videos with some of our real estate partners answering all of these questions that you guys have coming in because the system here is different than it is. In the United States. And then the second thing that you guys ask about all the time is how do I get started in digital marketing so I can live in other countries? We have two places where you can get started. Number one is our get Your First High Paying Client Bootcamp, which you can find below that will give you kind of the basics of what you need in order to understand how online business works. And the second thing that you can get. As you can get our YouTube mastery workshop, which explains exactly how we turned this channel into a six figure business in about 90 days, actually. And not just this channel, but we also have another channel that's growing very rapidly and people just started buying coaching sessions right off the videos, and we explain the exact process on how to use YouTube in order to make money. So that's YouTube mastery workshop.com. We will leave the links to everything below. For those of you who've been asking. So jumping right into it, why would you want to consider the Mexican passport as one of the passports in your portfolio? So there's a bunch of different reasons, and one of the main ones is that you can get visa free travel to most of the world except for US and Canada. You do need visas. To visit the US and Canada as a Mexican citizen. But if you already have a primary passport, let's say a European passport, which gives you basically visa free access through esda, uh, to the United States and easy access to Canada or um, obviously a US passport where you can visit Canada without any kind of visa, then that doesn't really matter. It's a great second passport to have, but even if it's the only passport you have, you can access Europe visa free. You can access so many other countries. You don't even need a visa to go to Japan. And I think Japan, you can say up to, I believe it's 180 days on a Mexican passport. Um, they're not as lenient with other passports. Brazil is also starting to require visas for Americans. They used to, then they took it away. Now they're bringing it back. And with a Mexican passport, you can pretty much go to Brazil, no problem. The second reason why you might want to consider the Mexican passport is, is because Mexico does allow for dual citizenship. Now, this is really important because you know, for example, you've been in the process of looking at other passports that you can get through your ancestry, and not every country allows. For dual citizenship, Mexico does. So if you are in the process of wanting to build a passport portfolio, which many of you who are asking this question are, then it's a good option because then you can have your US passport or your Canadian passport, or your EU passport and have your Mexico passport, no problem. And travel in between all of those places. It's also lauded as probably the best. B Passport by Nomad Capitalists. Passport Index. A passports like EU passports come with a lot of Visa free travel. But there are also a lot of responsibilities. For example, very high taxes. Uh, you just have to look at Shakira's story with Spain and The Bahamas. If you are curious about, and that whole situation, how Europe, uh, can, can turn out sometimes in terms of, in terms of the high taxes. And obviously if you're an American. Well, you're getting taxed all over the world just for being a US citizen. Sure, there are some exclusions, but there's a lot of paperwork involved. You've got, you have to do calculations based on the number of days you're in the country. You have to file reports for every bank account above a certain amount and investment accounts and other countries and property and businesses that you own. And they really just like to keep tabs on all of their citizens, uh, versus. Uh, there's a lot of other countries like Mexico that does not tax you on worldwide income, and so. The so-called B passports, like the Mexican passport still give you a really good range of visa free travel, but don't come with the responsibility that a lot of those a passports do. Another thing is there's less baggage with a Mexican passport right now. A lot of what we're seeing right now with US passports and Western European passports and maybe even Canadian passports, is that they, they're starting to come with baggage, especially the American passport. For it because it's getting harder to open bank accounts in other countries if you're an American or Canadian. Yeah. It's getting harder to open bank accounts in other countries. Uh, and not only that, it's just particularly with Americans, we are American. Maybe we'll start seeing this with the Europeans as well. Is, uh, you know, we've been involved, Americans have been involved in a lot of wars and a lot of conflicts, conflict and foreign influence, not so great things, stuff like that. Yeah, we actually got a press release, um, just last week, which we'll do a video on if you guys want us to, on how the US influence around the world. The positive perception of the US has actually significantly reduced in the last year or so, and people are actually now starting to see China as a more positive influence than the United States. Yeah. In fact, um, this, this has to do, you know, a little bit with this video, so we won't go too off track, but. Um, if you look at some of the downsides right now of having a Western passport like we do from the us, um, as your only passport, the EU just said that they're going to, they're, they're going to actually side with China in the trade war against the us Yeah. They were having talks with China last week. Yeah. And we've talked about this before in other videos, but the world is, is becoming quickly, much more multipolar than it was five or 10 or 15 years ago. And so. It used to be that those quote unquote legacy brand, uh, countries like the US or Canada were really where everybody wanted to move to, uh, to, to immigrate, to, to find jobs, to find opportunity. And more and more, there's a lot of other countries with opportunity and we'll mention that as a, as a pro for sure about Mexico, is that Mexico has one of the largest growing. Middle classes in this part of the world, and, uh, in a, in a lot of stats as well, like they're, they're growing very, very, very rapidly. The economy is growing. Um, they're, they're trading with partners like China, with Europe, not just with the us. So they're not fully dependent on the US economy and their own economy. The Mexican Mexican economy is growing. Very quickly, and it's getting harder to get a Mexican passport, even residency. And so in terms of like just the timeline, if you're trying to do this, you really want to act now. And if you wanna schedule, uh, a consult, depending on, uh, some of the information you fill out, you may even qualify for a free consult. If not, there's a way to to get a paid, uh, coaching session with us. But if you go down below this video. At entrepreneur expat.com/consult, you can actually apply for that and we'll walk you through the process one-on-one. But the time is absolutely now to get this Mexican passport, because Mexico is kind of going like this right now. The US is kind of going a little bit down. It doesn't matter who's president. Yeah, we actually had another article sent to us last week from the New York Times that was featuring Mexico as a beacon right now, and you know, all the. Political polarization of the US aside on the article.'cause we all know where the New York Times lies in terms of that stuff. The important part to note was that now you have people from all over the world moving to Mexico because they see a lot of economic opportunity here. And one of our real estate partners here who actually does a lot in terms of investing, helping people invest in commercial real estate. We're gonna have some very interesting content. Coming out on that soon with him and, but one of our partners here actually sent me an article yesterday and he was like, Hey, one of the largest real estate firms in Mexico just released this study. There's a hundred houses being sold to foreigner or properties being sold to foreigners every day in this country, and 60% of them are American. And then the numbers keep growing and growing and growing because you have people from all over the world now moving to Mexico because yeah, Mexico has its problems and. We'll do another video about those problems in the myths of Mexico. But number one, every country has its problems. Mm-hmm. And number two, you're starting to see countries like the US start decline in a lot of areas where Mexico is now or and even other countries. But this video is about Mexico is now improving. So if you've been thinking about this, and we'll get into like how to get that ci that citizenship in a second, we can walk you through the process with our immigration attorneys Just booked that call before. And final reason why you may want to consider. The Mexican passport as a good plan B passport, um, is because, or your first plan B passport, maybe because knowing this crowd, they're gonna have more than one passport. Mm-hmm. Based on what's going on in the comment section is, uh, the, the talk a little bit about the notion of military service because for example, you were looking at getting Ukrainian passport'cause your mother's from Ukraine. Yeah. And they actually have mandatory military conscription until, I think it was like age 60. Yeah. For men. Um, and they don't, because they don't recognize dual citizenship. If I had a Ukrainian passport on Ukrainian, uh, soil, I'm just considered Ukrainian, so I would've been dragged into basically a war. I'm trying to fight the Russians right now. Um, yeah, I, I could still theoretically get permanent residency and maybe if, if Eastern Europe, you know, calms down, maybe we'll end up getting residency in Ukraine. But I definitely do not want to get. Uh, a passport because of those, those requirements and because they don't fully recognize dual citizenship. Um, Israel as well does have mandatory conscription. It is only until a certain age that I think it was around 26, something like that. Yeah. Um, so I wouldn't, you know, I wouldn't have to, uh, necessarily serve in the army there because I'm, I'm in my thirties, but, uh, Mexico does have military conscription requirements for. Naturally born Mexican citizens. Um, but typically it's done as a lottery when that, uh, that person, that men specifically when they turn 18, and they can also choose civil service instead of military service. But I have not seen any cases of them actually requiring foreigners or dual citizens, uh, to serve in the military. And usually it only happens. Um, right when the men turn 18. Yeah. And, and they're not involved in any wars. That's what I was saying. That's the main thing. So the likelihood of you actually seeing, uh, combat is, is very low versus in other countries, especially Ukraine. Um, like I mentioned, I, I'm, I'm Ukrainian, uh, through, through descent on, on my mother's side or like Israel, both involved in some wars right now. Um, Mexico is not, and Mexico is also very politically neutral. So overall, less likely, um, that you're gonna get involved in, in conflict either as a, just as a civilian or pulled into it, um, because you have a passport in that country. So there's a lot of pros there without really too many cons. No, not too many cons from what we've seen. So now I see why Nomad capitalist was like in his book specifically. He mentioned Mexico is like if you're starting out and you're getting your first, second passport, Mexico. Go for it. It's, it's probably the best one for a first, second passport. All right, so let's get into how to actually get this Mexican citizenship because you guys have been asking about it. So way number one is obviously birthright citizenship. So either you were born in Mexico, or perhaps you were born abroad, but at least one of your parents, uh, is Mexican citizen by birth. So that would be one way of doing it. Most people know that. The second one is naturalization, and this is where we start running into the distinction between whether it's gonna take you five years or two years. Yeah, I'll, I'll clarify. So in most cases, you do need five years of total legal residency in Mexico. So let's say that you are retired, because typically Mexico will only give you permanent residence as that first step to citizenship. If you're. At retirement age or near retirement age, or you've got a pension, but I haven't heard of it. Them giving it out to anyone that wasn't, at least in their fifties or sixties. So if you get your permanent residence, you can get that at the, at the consulate if you qualify through income or investments and savings. Then from that you can go and live in Mexico and you have to actually show that you're living in Mexico, that you have five years of legal residency in Mexico, not as a tourist typically. They also need to see that in the last two years before actually applying for your Mexican citizenship, you've spent at least six months per year in the country itself. And in terms of how to get residency, let's just go through that really quickly as a little recap. So number one, you can do it based on your income. The numbers vary depending on whether it's temporary or permanent. Uh, we did it through income on temporary because we're not retirement age, so they would not give us the permanent residence. And right now those numbers look like you have to show about. 41, 40$200 a month, uh, in income, usually remote income. And if they're asking for remote income, they also want a letter from your employer, unless you're self-employed, unless you are self-employed. So for those of you who've been asking, how do I get into digital marketing to make money online, make sure to check out those two courses below. They get your first high paying client online bootcamp and the YouTube Mastery Workshop purchase them. They each take about four hours each. You're good to go. Um, so that's way number one. Way Number two is through real estate. You can actually qualify for residents through real estate, depending on how much you invest into real estate here. And way number three is by investing in a company. And there's ways that you can qualify for residencies that way. If you're interested in any of those, we have partners all over the country who can help you with it. So once again, it's entrepreneur expat.com/consult. And how do you actually apply now for that Mexican passport? Once you've met the requirements? Well, you apply for naturalization. Uh, typically that is done at one of the government offices. I believe the, it's called the SRE, uh, the es, something like that. So you go there, you can apply for your passport, uh, after. Providing the right documentation. The entire process can take several months and can include a test of the Spanish language and Mexican culture and history, and then you get your passport. And it's pretty much as simple as that. We're about, um, I'm a little farther along in the process than you are so. I will only need about another two years total before I've met the, the five year spent, uh, in the country with residents. And I can apply for my Mexican passport and then you can either wait another six months to a year, uh, or probably just get it through me, I think.'cause technically I'm gonna be a Mexican citizen. Yeah. So we'll see what's, what's easier. And I'm gonna be married to a Mexican citizen. Exactly at that point. So, uh, there are, so that's typically five years. There are ways that you can get it in two years, and these are the ways. So number one, if you're married to a Mexican citizen, then it's, then you can get it in two years instead of five. Uh, if you have Mexican born children, you can get it in two years, uh, versus five. So a lot of people don't know that there's birth tourism. Uh, in Mexico, everybody thinks it only happens in the United States, but Mexico and Brazil also have pretty high. Mm-hmm. Um, birth tourism. So for example, people will come here, they'll have their baby here, and then because they had their child here, then, um. In Mexico, they will automatically give permanent residence to the parents and then in two years they can apply it for citizenship. Of course, at the time of recording this, immigration is constantly changing, so make sure to work with attorneys and we can actually put you in contact with the attorneys that we've been vetting. Uh, the other way that you can get it in two years is if you're from another Latin American country or. Spain, kind of similar to what Spain does now, that if you're from, or Portugal or Portugal, uh, where if you're from a Latin American country and you go live in Spain for two years, then you can qualify for the EU passport. It's a similar thing here, uh, just in reverse, which means that I. Technically after we get our Mexican citizenship, we might actually be able to apply for a Spanish passport if we wanted to if we've lived over there for two years. Exactly. Yeah. But we have to be careful with the taxes. Yeah. We don't want a situation like the had her hips don't lie and neither do our 10 forties moving on. Um, you can also get it in one year if you are a refugee or if you've, you've made exceptional contributions to Mexico, like cultural, scientific, or. Athletic. So sometimes what you'll see is, like, for example, you'll see this in the Olympics, that maybe someone is from one country, but they're competing under the flag of another country. It's because that country said, Hey, if you compete under our flag, we'll give you citizenship. Mm-hmm. So normally it, it's something like that, uh, where you have to have some sort of massive contribution to the society, and then they'll let you do it in two years instead of five. And if you were also a descendant of Mexican parents or grandparents, you still might be eligible to claim citizenship. Also, if you were a descendant from either Mexican parents or grandparents, then you can still claim citizenship as well. Uh, even if your parents, for example, did not have Mexican citizenship, but your grandparents did, there are ways that you can go to the, uh, Mexican authorities here and claim your Mexican citizenship directly. So you don't have to go through the whole process of waiting. You can directly get your Mexican citizenship. So that's a way that. If people have Mexican grandparents, uh, they can actually get a passport here very quickly. It. So these are the ways that Mexican citizenship works and how to get that Mexican passport. Depending on what category you're in, then you can kind of figure out where it is that you fit. Now, could you theoretically do all these things by yourself? Yeah, sure. Theoretically you could. Probably not the greatest idea to try and do immigration things by yourself. We've seen people try and do it by themselves, and then there was like one little goof on a paper and then that's it. They have to start all over again. It can get very messy and these laws are always changing. So for example, we just saw Mexico basically cancel for all intents and purposes, the regularization program. Mm-hmm. Which a lot of people were banking on. And we'd been telling you guys for about a year that it wasn't gonna last much longer, and it turns out. We were right. So these are things that, number one, you wanna move on very quickly, as quickly as you can because they're always changing. Immigration typically gets harder with time, not easier. And number two, while you could do it by yourself. Why would you, why would you deal with something so complex by yourself? In which case, we can help you with the team of immigration attorneys that we have built here in Mexico. They're the ones who know all the details about the law and what papers you need, and we can help you through that process with them. So entrepreneur expat.com/consult to get started on that. Thanks so much for watching and we will see you again next time. Make sure to like to subscribe and book that consult with us right below this video and we will help you on your entrepreneur expat journey.