Mexico Business Visa Requirements for Indians

What are Mexico business visa requirements for Indians? It is

·         A valid passport

·         Application form

·         Proof of funds

Mexico is among the top five largest economies in the Americas and the second-largest economy in Latin America. This places it among the top 10 destinations for business with so many investment opportunities available to Nationals and foreigners. In recent times, the Indian population in the country has increased steadily as many Indians migrate to the country looking for greener pastures.

If you wish to invest in Mexico in the nearest future, the Mexico visa program is exactly what you need.

Benefits Of The Business Visa Program

If you secure a business visa to relocate and invest in Mexico, you stand to enjoy the following.

Pathway To Citizenship

One of the seamless ways to become a Mexican citizen is to obtain a business visa. This qualifies you for a temporary and, later, a permanent residency visa. And in a few years, you can apply to become a citizen of the country. While other programs still offer a pathway to citizenship, a business visa is the shortest route and has more privileges than a Mexico tourist visa.

And as you know, becoming a citizen of a country grants you certain rights and privileges that visitors and residents do not have.

Get A Mexican Passport

Citizenship comes with a Mexican passport, and if you must know, this passport is a very powerful passport with visa-free access or visa on arrival to as many as 142 countries. You can travel, reside and invest in other countries as well even if you dont have a Mexican visa.

Tax Benefits

Investors who come into the country on a business visa enjoy Tax benefits that reduce their tax liabilities on income earned.

Residency Status

A business valid visa grants you residency status automatically, so you don’t have to apply for apply for a permanent or temporary visa in what could be a protracted process.

Mexico Business Visa Requirements For Indians

The requirements for obtaining a business visa are explained below in the following steps.

Book An Appointment With Any Of The Mexican Consulates In India

The first step is to book an appointment with the Mexican consulate in India before you visit Mexico. To do so, you will need to fill out a visa application form and submit it with the following Mexico visa requirements for visa processing.

·         A valid passport

·         Photograph (2 copies)

·         Completed visa application form

·         Application fee

·         Financial documents to show proof of funds (Bank statement)

·         Legalized public notary document affirming business activities

• Invitation letter if you have a relative who is Mexican or holds a residency visa
• Birth certificate
• A Marriage certificate (for married couples)

After filling out the application form, you are to attach all the documents listed above to the form and submit it to the official on duty at the Mexican consulate. Mexico visa fees are subject to change but is between $40-$60.

A vital document that the consulate will require is a public notary signed by a commission let to prove that the financial documents you submitted are legal and that you have the capacity to invest in the Capital market of Mexico. The minimum investment amount is $125,000 or its equivalent in Mexican Pesos.

A vital document that the consulate will require is a public notary signed by a commission let to prove that the financial documents you submitted are legal and that you have the capacity to invest in the Capital market of Mexico. The minimum investment amount is $125,000 or its equivalent in Mexican Pesos.

If you don’t have financial assets or cash of this amount, you must show proof that you have a real estate worth $125,000.

If you already have a business in Mexico, you must show proof that the business is legal and is well documented with proven contracts, invoices, receipts, orders and business plans. Proof issued by the Mexican Social Security Institute indicating all the above and proof of at least 3 employees are also accepted.

Obtain A Provisional Visa

Once you meet the requirements in the first stage, the Mexican consulate in India will give you a provisional visa after approving your application. You must then travel to Mexico to continue with the application process to secure the investor visa.

As long as your documents are in order, you have nothing to worry about. The National Migration Institute will request a fee to process your application, and the fee varies depending on the duration. Investors can request for 1-4 years, and the fee ranges from $2000 – $5000.

To brighten your chances of getting the visa, we recommend you apply for a shorter time frame, and you can renew it every year.

The INM will take your fingerprints, accept the fee and documents, and issue you a temporary resident card. Please note that this process can take up to 4 weeks.

Mexico business visa requirements for Indians are very important if you want to take advantage of the investment program. If you complete the process, you will be issued a temporary visa, and after a time, the temporary visa can be upgraded to a permanent one.