Good to know The Mexican National Commission on Minimum Wages approved an increase to the daily minimum wage applicable in Mexico resulting in $172.87 MXP (which is approximately $8.06 USD) How will this increase affect to apply to temporary or permanent residences? The amounts required in the Mexican consulates are based on the minimum wage in Mexico, this only means that the requirements to apply for a residence will increase as well. For example, for temporary residence with a pension, 300 days of the minimum salary are required per month 300 x 172.87 = 51,861 pesos In usd aprox 2593 you need to receive in your pension monthly When in 2021 the amount required was 42,510 pesos or 2125 usd aprox Before going to the Mexican consulate please check if the consulate of your preference is already implementing the minimum wage 2022