Minimum Wage For Mexico In 2022

Discussion in 'OFF TOPIC SUBJECTS' started by CULCULCAN, Dec 23, 2021.

  1. CULCULCAN

    CULCULCAN The Final Synthesis - isbn 978-0-9939480-0-8 Staff Member

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    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
     

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