An extensive research endeavor, jointly undertaken by Page Resourcing and WeWork, has shed light on a remarkable trend in Mexico’s workforce. This investigation uncovered that a substantial 82% of Mexican employees are presently reaping the benefits of flexible work arrangements, a phenomenon that has had a notable impact on their overall productivity. The Millennial and Centennial generations have emerged as prominent players in this shifting paradigm.
Digital nomad Mariana Regueira, who switched from being an educator to a programmer, offers some important advice for those just starting out as digital nomads:
- Self-evaluation – take a moment to evaluate the skills you have acquired and consider how they apply to remote digital positions.
- It is important that you take the initiative in your job search and actively seek positions that match your skills and experience.
- Financial responsibility is the name of the game. We emphasize the importance of having a stable income and conscientiously monitoring your spending.
- Maintaining a structured daily routine is essential with the demands of a mobile lifestyle. Moving from one place to another can be challenging, but establishing a consistent routine is key to ensuring productivity and well-being.
Mexico’s Digital Nomad Visa
Many remote workers are qualified for what is officially known as a temporary residence visa, which is what Mexico offers to digital nomads.
Foreign nationals may apply for a digital nomad visa to Mexico. But you have to fulfill certain income standards, like:
- $43,000 in the bank over the last 12 months.
- Earnings of $2,595 per month over the past half-year. If you have dependents, this amount increases by $861 for each dependent. Or,
- Hold ownership of a Mexican property valued at a minimum of $346,000.
Advantages of Embracing a Digital Nomad Lifestyle in Mexico
Numerous advantages come with pursuing a digital nomad lifestyle in Mexico:
- Tax considerations are a key factor. The tax system is uncomplicated, with rates ranging from 0% to 30%, primarily contingent on your specific circumstances, occupation, and income level.
- Meeting Visa Criteria: Mexico offers a range of visa choices for digital nomads, including the tourist visa, permitting a six-month stay, the temporary residence visa lasting up to four years, and the permanent residence visa, which imposes no time restrictions on your stay in the country.
Requirements for Mexico Digital Nomad Visa
The necessary documentation for applying for a digital nomad visa in Mexico includes:
- A current, valid passport
- A properly completed visa application
- A recent passport size photograph
- Proof of income of approximately $2,600
- Proof of health insurance tailored to digital nomads
- A clean criminal background check
- Documentation proving your relationship with dependents, such as a marriage certificate or birth certificate
- Payment of the required fees