April 29, 2025 • 21 mins
👉 Book a Mexico Relocation Consult: https://www.entrepreneurexpat.com/consultÂ
👉 Need to start creating a location independent business so you can go anywhere in the world? Get started with our Get Your First High Paying Client Online Bootcamp: https://entrepreneurexpat.com/firstclient-yt
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👉 Want to learn how to move to Mexico in the next 12 months? If so, click here https://www.entrepreneurexpat.com/mexico
V I D E O SÂ Â T OÂ Â W A T C HÂ Â 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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Inquiries: community@entrepreneurexpat.com
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#livinginmexico #movingtomexico #digitalnomad #makemoneyonline #expatsinmexico #digitalmarketingtraning #geoarbitrage #moveoverseasfromus #digitalmarketingcourse #guadalajara #costoflivingmexico #digitalnomadvisa #digitalnomadnews #workandtravel #locationindependentlifestyle #locationindependentbusiness #locationindependententrepreneur #locationindependentbusinesses #locationindependentbusinessideas #secretsoflocationindendentbusiness #howtobecomeadigitalnomad
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:00):
A lot of you guys have beenasking, because we've been
(00:02):
living in Mexico so long, do wehave plans to get Mexican
citizenship and what's theprocess like Anyway, in this
video today we're gonna talk alittle bit about we, the process
for getting your Mexicanpassport 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 yousome of the pros of the Mexican
(00:25):
passport and why many people,particularly in offshoring
businesses, are considering itas one of the best plan B
passports out there right now.
Welcome to Entrepreneur Expat.
I'm Amanda.
This is Justin, and on thischannel we talk all about how to
make money online so you can goanywhere in the world.
We talk about investing anddoing business internationally.
We talk about living in othercountries.
(00:46):
Right now we're spending most ofour time in Mexico and so much
more.
So if that's something thatyou're interested in, make sure
to subscribe and hit thenotification bell so you don't
miss a single video that we havecoming out on this channel.
And go ahead and do us a favorand give this video a, like we
have a mission to get in frontof 1 million entrepreneur expats
or aspiring entrepreneur expats.
And you can help us do that bygiving this video a like.
(01:10):
Many of you have been asking us.
Two things, uh, in emails and inour direct messages on Instagram
and also in the comment section.
Thing number one, you've beenasking a lot of real estate
questions.
Can you help me find realestate?
Should I buy things inforeclosure?
Uh, should I buy land or shouldI buy a house?
Number one, we can help you makethe decision that's best for you
(01:30):
with our real estate partners.
So if you're interested in doingthat right now, just go to
entrepreneur expat.com/consult.
We've been making connectionswith people all over the country
for the last six months that canreally help you who are experts
in this field.
And number two, we are going tobe doing a series of videos with
some of our real estate partnersanswering all of these questions
(01:52):
that you guys have coming inbecause the system here is
different than it is.
In the United States.
And then the second thing thatyou guys ask about all the time
is how do I get started indigital marketing so I can live
in other countries?
We have two places where you canget started.
Number one is our get Your FirstHigh Paying Client Bootcamp,
which you can find below thatwill give you kind of the basics
(02:15):
of what you need in order tounderstand how online business
works.
And the second thing that youcan get.
As you can get our YouTubemastery workshop, which explains
exactly how we turned thischannel into a six figure
business in about 90 days,actually.
And not just this channel, butwe also have another channel
that's growing very rapidly andpeople just started buying
(02:35):
coaching sessions right off thevideos, and we explain the exact
process on how to use YouTube inorder to make money.
So that's YouTube masteryworkshop.com.
We will leave the links toeverything below.
For those of you who've beenasking.
So jumping right into it, whywould you want to consider the
Mexican passport as one of thepassports in your portfolio?
(02:59):
So there's a bunch of differentreasons, and one of the main
ones is that you can get visafree travel to most of the world
except for US and Canada.
You do need visas.
To visit the US and Canada as aMexican citizen.
But if you already have aprimary passport, let's say a
European passport, which givesyou basically visa free access
through esda, uh, to the UnitedStates and easy access to Canada
(03:22):
or um, obviously a US passportwhere you can visit Canada
without any kind of visa, thenthat doesn't really matter.
It's a great second passport tohave, but even if it's the only
passport you have, you canaccess Europe visa free.
You can access so many othercountries.
You don't even need a visa to goto Japan.
And I think Japan, you can sayup to, I believe it's 180 days
(03:43):
on a Mexican passport.
Um, they're not as lenient withother passports.
Brazil is also starting torequire visas for Americans.
They used to, then they took itaway.
Now they're bringing it back.
And with a Mexican passport, youcan pretty much go to Brazil, no
problem.
The second reason why you mightwant to consider the Mexican
passport is, is because Mexicodoes allow for dual citizenship.
(04:04):
Now, this is really importantbecause you know, for example,
you've been in the process oflooking at other passports that
you can get through yourancestry, and not every country
allows.
For dual citizenship, Mexicodoes.
So if you are in the process ofwanting to build a passport
portfolio, which many of you whoare asking this question are,
(04:25):
then it's a good option becausethen you can have your US
passport or your Canadianpassport, or your EU passport
and have your Mexico passport,no problem.
And travel in between all ofthose places.
It's also lauded as probably thebest.
B Passport by Nomad Capitalists.
Passport Index.
(04:47):
A passports like EU passportscome with a lot of Visa free
travel.
But there are also a lot ofresponsibilities.
For example, very high taxes.
Uh, you just have to look atShakira's story with Spain and
The Bahamas.
If you are curious about, andthat whole situation, how
Europe, uh, can, can turn outsometimes in terms of, in terms
(05:07):
of the high taxes.
And obviously if you're anAmerican.
Well, you're getting taxed allover 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 docalculations based on the number
of days you're in the country.
You have to file reports forevery bank account above a
certain amount and investmentaccounts and other countries and
(05:28):
property and businesses that youown.
And they really just like tokeep tabs on all of their
citizens, uh, versus.
Uh, there's a lot of othercountries like Mexico that does
not tax you on worldwide income,and so.
The so-called B passports, likethe Mexican passport still give
you a really good range of visafree travel, but don't come with
(05:50):
the responsibility that a lot ofthose a passports do.
Another thing is there's lessbaggage with a Mexican passport
right now.
A lot of what we're seeing rightnow with US passports and
Western European passports andmaybe even Canadian passports,
is that they, they're startingto come with baggage, especially
the American passport.
For it because it's gettingharder to open bank accounts in
(06:11):
other countries if you're anAmerican or Canadian.
Yeah.
It's getting harder to open bankaccounts in other countries.
Uh, and not only that, it's justparticularly with Americans, we
are American.
Maybe we'll start seeing thiswith the Europeans as well.
Is, uh, you know, we've beeninvolved, Americans have been
involved in a lot of wars and alot of conflicts, conflict and
foreign influence, not so greatthings, stuff like that.
(06:32):
Yeah, we actually got a pressrelease, um, just last week,
which we'll do a video on if youguys want us to, on how the US
influence around the world.
The positive perception of theUS has actually significantly
reduced in the last year or so,and people are actually now
starting to see China as a morepositive influence than the
(06:52):
United States.
Yeah.
In fact, um, this, this has todo, you know, a little bit with
this video, so we won't go toooff track, but.
Um, if you look at some of thedownsides right now of having a
Western passport like we do fromthe us, um, as your only
passport, the EU just said thatthey're going to, they're,
they're going to actually sidewith China in the trade war
(07:13):
against the us Yeah.
They were having talks withChina last week.
Yeah.
And we've talked about thisbefore 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 quoteunquote legacy brand, uh,
countries like the US or Canadawere really where everybody
(07:34):
wanted to move to, uh, to, toimmigrate, to, to find jobs, to
find opportunity.
And more and more, there's a lotof other countries with
opportunity and we'll mentionthat as a, as a pro for sure
about Mexico, is that Mexico hasone of the largest growing.
Middle classes in this part ofthe world, and, uh, in a, in a
(07:55):
lot of stats as well, likethey're, they're growing very,
very, very rapidly.
The economy is growing.
Um, they're, they're tradingwith partners like China, with
Europe, not just with the us.
So they're not fully dependenton the US economy and their own
economy.
The Mexican Mexican economy isgrowing.
Very quickly, and it's gettingharder to get a Mexican
(08:17):
passport, even residency.
And so in terms of like just thetimeline, if you're trying to do
this, you really want to actnow.
And if you wanna schedule, uh, aconsult, 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 geta paid, uh, coaching session
with us.
But if you go down below thisvideo.
At entrepreneurexpat.com/consult, you can
(08:40):
actually apply for that andwe'll walk you through the
process one-on-one.
But the time is absolutely nowto get this Mexican passport,
because Mexico is kind of goinglike this right now.
The US is kind of going a littlebit down.
It doesn't matter who'spresident.
Yeah, we actually had anotherarticle sent to us last week
from the New York Times that wasfeaturing Mexico as a beacon
(09:02):
right now, and you know, allthe.
Political polarization of the USaside on the article.
'cause we all know where the NewYork Times lies in terms of that
stuff.
The important part to note wasthat now you have people from
all over the world moving toMexico because they see a lot of
economic opportunity here.
And one of our real estatepartners here who actually does
(09:23):
a lot in terms of investing,helping people invest in
commercial real estate.
We're gonna have some veryinteresting content.
Coming out on that soon with himand, but one of our partners
here actually sent me an articleyesterday and he was like, Hey,
one of the largest real estatefirms in Mexico just released
this study.
There's a hundred houses beingsold to foreigner or properties
(09:45):
being sold to foreigners everyday in this country, and 60% of
them are American.
And then the numbers keepgrowing and growing and growing
because you have people from allover the world now moving to
Mexico because yeah, Mexico hasits problems and.
We'll do another video aboutthose problems in the myths of
Mexico.
But number one, every countryhas its problems.
Mm-hmm.
And number two, you're startingto see countries like the US
(10:07):
start decline in a lot of areaswhere Mexico is now or and even
other countries.
But this video is about Mexicois now improving.
So if you've been thinking aboutthis, and we'll get into like
how to get that ci thatcitizenship in a second, we can
walk you through the processwith our immigration attorneys
Just booked that call before.
And final reason why you maywant to consider.
(10:28):
The Mexican passport as a goodplan B passport, um, is because,
or your first plan B passport,maybe because knowing this
crowd, they're gonna have morethan one passport.
Mm-hmm.
Based on what's going on in thecomment section is, uh, the, the
talk a little bit about thenotion of military service
because for example, you werelooking at getting Ukrainian
passport'cause your mother'sfrom Ukraine.
(10:50):
Yeah.
And they actually have mandatorymilitary conscription until, I
think it was like age 60.
Yeah.
For men.
Um, and they don't, because theydon't recognize dual
citizenship.
If I had a Ukrainian passport onUkrainian, uh, soil, I'm just
considered Ukrainian, so Iwould've been dragged into
basically a war.
I'm trying to fight the Russiansright now.
Um, yeah, I, I could stilltheoretically get permanent
(11:14):
residency and maybe if, ifEastern Europe, you know, calms
down, maybe we'll end up gettingresidency in Ukraine.
But I definitely do not want toget.
Uh, a passport because of those,those requirements and because
they don't fully recognize dualcitizenship.
Um, Israel as well does havemandatory conscription.
It is only until a certain agethat I think it was around 26,
(11:34):
something like that.
Yeah.
Um, so I wouldn't, you know, Iwouldn't have to, uh,
necessarily serve in the armythere because I'm, I'm in my
thirties, but, uh, Mexico doeshave military conscription
requirements for.
Naturally born Mexican citizens.
Um, but typically it's done as alottery when that, uh, that
(11:56):
person, that men specificallywhen they turn 18, and they can
also choose civil serviceinstead of military service.
But I have not seen any cases ofthem 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 inany wars.
(12:17):
That's what I was saying.
That's the main thing.
So the likelihood of youactually seeing, uh, combat is,
is very low versus in othercountries, especially Ukraine.
Um, like I mentioned, I, I'm,I'm Ukrainian, uh, through,
through descent on, on mymother's side or like Israel,
both involved in some wars rightnow.
Um, Mexico is not, and Mexico isalso very politically neutral.
(12:38):
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 apassport in that country.
So there's a lot of pros therewithout really too many cons.
No, not too many cons from whatwe've seen.
So now I see why Nomadcapitalist was like in his book
specifically.
(12:58):
He mentioned Mexico is like ifyou're starting out and you're
getting your first, secondpassport, Mexico.
Go for it.
It's, it's probably the best onefor a first, second passport.
All right, so let's get into howto actually get this Mexican
citizenship because you guyshave been asking about it.
So way number one is obviouslybirthright citizenship.
(13:18):
So either you were born inMexico, or perhaps you were born
abroad, but at least one of yourparents, uh, is Mexican citizen
by birth.
So that would be one way ofdoing it.
Most people know that.
The second one isnaturalization, and this is
where we start running into thedistinction between whether it's
gonna take you five years or twoyears.
(13:39):
Yeah, I'll, I'll clarify.
So in most cases, you do needfive years of total legal
residency in Mexico.
So let's say that you areretired, because typically
Mexico will only give youpermanent residence as that
first step to citizenship.
If you're.
At retirement age or nearretirement age, or you've got a
pension, but I haven't heard ofit.
(14:01):
Them giving it out to anyonethat wasn't, at least in their
fifties or sixties.
So if you get your permanentresidence, you can get that at
the, at the consulate if youqualify through income or
investments and savings.
Then from that you can go andlive in Mexico and you have to
actually show that you're livingin Mexico, that you have five
(14:21):
years of legal residency inMexico, not as a tourist
typically.
They also need to see that inthe last two years before
actually applying for yourMexican citizenship, you've
spent at least six months peryear in the country itself.
And in terms of how to getresidency, let's just go through
that really quickly as a littlerecap.
(14:42):
So number one, you can do itbased on your income.
The numbers vary depending onwhether it's temporary or
permanent.
Uh, we did it through income ontemporary because we're not
retirement age, so they wouldnot give us the permanent
residence.
And right now those numbers looklike you have to show about.
41, 40$200 a month, uh, inincome, usually remote income.
(15:03):
And if they're asking for remoteincome, they also want a letter
from your employer, unlessyou're self-employed, unless you
are self-employed.
So for those of you who've beenasking, how do I get into
digital marketing to make moneyonline, make sure to check out
those two courses below.
They get your first high payingclient online bootcamp and the
YouTube Mastery Workshoppurchase them.
They each take about four hourseach.
You're good to go.
(15:24):
Um, so that's way number one.
Way Number two is through realestate.
You can actually qualify forresidents through real estate,
depending on how much you investinto real estate here.
And way number three is byinvesting in a company.
And there's ways that you canqualify for residencies that
way.
If you're interested in any ofthose, we have partners all over
(15:44):
the country who can help youwith it.
So once again, it's entrepreneurexpat.com/consult.
And how do you actually applynow for that Mexican passport?
Once you've met therequirements?
Well, you apply fornaturalization.
Uh, typically that is done atone of the government offices.
I believe the, it's called theSRE, uh, the es, something like
(16:11):
that.
So you go there, you can applyfor your passport, uh, after.
Providing the rightdocumentation.
The entire process can takeseveral months and can include a
test of the Spanish language andMexican culture and history, and
then you get your passport.
And it's pretty much as simpleas that.
We're about, um, I'm a littlefarther along in the process
(16:31):
than you are so.
I will only need about anothertwo years total before I've met
the, the five year spent, uh, inthe country with residents.
And I can apply for my Mexicanpassport and then you can either
wait another six months to ayear, uh, or probably just get
it through me, I think.
'cause technically I'm gonna bea Mexican citizen.
Yeah.
So we'll see what's, what'seasier.
(16:52):
And I'm gonna be married to aMexican citizen.
Exactly at that point.
So, uh, there are, so that'stypically five years.
There are ways that you can getit in two years, and these are
the ways.
So number one, if you're marriedto a Mexican citizen, then it's,
then you can get it in two yearsinstead of five.
Uh, if you have Mexican bornchildren, you can get it in two
years, uh, versus five.
So a lot of people don't knowthat there's birth tourism.
(17:15):
Uh, in Mexico, everybody thinksit only happens in the United
States, but Mexico and Brazilalso have pretty high.
Mm-hmm.
Um, birth tourism.
So for example, people will comehere, they'll have their baby
here, and then because they hadtheir child here, then, um.
In Mexico, they willautomatically give permanent
residence to the parents andthen in two years they can apply
it for citizenship.
(17:36):
Of course, at the time ofrecording this, immigration is
constantly changing, so makesure to work with attorneys and
we can actually put you incontact with the attorneys that
we've been vetting.
Uh, the other way that you canget it in two years is if you're
from another Latin Americancountry or.
Spain, kind of similar to whatSpain does now, that if you're
from, or Portugal or Portugal,uh, where if you're from a Latin
American country and you go livein Spain for two years, then you
(17:59):
can qualify for the EU passport.
It's a similar thing here, uh,just in reverse, which means
that I.
Technically after we get ourMexican citizenship, we might
actually be able to apply for aSpanish passport if we wanted to
if we've lived over there fortwo years.
Exactly.
Yeah.
But we have to be careful withthe taxes.
Yeah.
We don't want a situation likethe had her hips don't lie and
(18:20):
neither do our 10 forties movingon.
Um, you can also get it in oneyear if you are a refugee or if
you've, you've made exceptionalcontributions 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 maybesomeone is from one country, but
they're competing under the flagof another country.
(18:41):
It's because that country said,Hey, if you compete under our
flag, we'll give youcitizenship.
Mm-hmm.
So normally it, it's somethinglike that, uh, where you have to
have some sort of massivecontribution to the society, and
then they'll let you do it intwo years instead of five.
And if you were also adescendant of Mexican parents or
(19:02):
grandparents, you still might beeligible to claim citizenship.
Also, if you were a descendantfrom either Mexican parents or
grandparents, then you can stillclaim citizenship as well.
Uh, even if your parents, forexample, did not have Mexican
citizenship, but yourgrandparents did, there are ways
that you can go to the, uh,Mexican authorities here and
(19:26):
claim your Mexican citizenshipdirectly.
So you don't have to go throughthe whole process of waiting.
You can directly get yourMexican citizenship.
So that's a way that.
If people have Mexicangrandparents, uh, they can
actually get a passport herevery quickly.
It.
So these are the ways thatMexican citizenship works and
how to get that Mexicanpassport.
Depending on what categoryyou're in, then you can kind of
(19:48):
figure out where it is that youfit.
Now, could you theoretically doall these things by yourself?
Yeah, sure.
Theoretically you could.
Probably not the greatest ideato try and do immigration things
by yourself.
We've seen people try and do itby themselves, and then there
was like one little goof on apaper and then that's it.
They have to start all overagain.
It can get very messy and theselaws are always changing.
(20:09):
So for example, we just sawMexico basically cancel for all
intents and purposes, theregularization program.
Mm-hmm.
Which a lot of people werebanking on.
And we'd been telling you guysfor about a year that it wasn't
gonna last much longer, and itturns out.
We were right.
So these are things that, numberone, you wanna move on very
quickly, as quickly as you canbecause they're always changing.
(20:30):
Immigration typically getsharder with time, not easier.
And number two, while you coulddo it by yourself.
Why would you, why would youdeal with something so complex
by yourself?
In which case, we can help youwith the team of immigration
attorneys that we have builthere in Mexico.
They're the ones who know allthe details about the law and
(20:51):
what papers you need, and we canhelp you through that process
with them.
So entrepreneurexpat.com/consult to get started
on that.
Thanks so much for watching andwe will see you again next time.
Make sure to like to subscribeand book that consult with us
right below this video and wewill help you on your
entrepreneur expat journey.
A lot of you guys have beenasking, because we've been
(00:02):
living in Mexico so long, do wehave plans to get Mexican
citizenship and what's theprocess like Anyway, in this
video today we're gonna talk alittle bit about we, the process
for getting your Mexicanpassport 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 yousome of the pros of the Mexican
(00:25):
passport and why many people,particularly in offshoring
businesses, are considering itas one of the best plan B
passports out there right now.
Welcome to Entrepreneur Expat.
I'm Amanda.
This is Justin, and on thischannel we talk all about how to
make money online so you can goanywhere in the world.
We talk about investing anddoing business internationally.
We talk about living in othercountries.
(00:46):
Right now we're spending most ofour time in Mexico and so much
more.
So if that's something thatyou're interested in, make sure
to subscribe and hit thenotification bell so you don't
miss a single video that we havecoming out on this channel.
And go ahead and do us a favorand give this video a, like we
have a mission to get in frontof 1 million entrepreneur expats
or aspiring entrepreneur expats.
And you can help us do that bygiving this video a like.
(01:10):
Many of you have been asking us.
Two things, uh, in emails and inour direct messages on Instagram
and also in the comment section.
Thing number one, you've beenasking a lot of real estate
questions.
Can you help me find realestate?
Should I buy things inforeclosure?
Uh, should I buy land or shouldI buy a house?
Number one, we can help you makethe decision that's best for you
(01:30):
with our real estate partners.
So if you're interested in doingthat right now, just go to
entrepreneur expat.com/consult.
We've been making connectionswith people all over the country
for the last six months that canreally help you who are experts
in this field.
And number two, we are going tobe doing a series of videos with
some of our real estate partnersanswering all of these questions
(01:52):
that you guys have coming inbecause the system here is
different than it is.
In the United States.
And then the second thing thatyou guys ask about all the time
is how do I get started indigital marketing so I can live
in other countries?
We have two places where you canget started.
Number one is our get Your FirstHigh Paying Client Bootcamp,
which you can find below thatwill give you kind of the basics
(02:15):
of what you need in order tounderstand how online business
works.
And the second thing that youcan get.
As you can get our YouTubemastery workshop, which explains
exactly how we turned thischannel into a six figure
business in about 90 days,actually.
And not just this channel, butwe also have another channel
that's growing very rapidly andpeople just started buying
(02:35):
coaching sessions right off thevideos, and we explain the exact
process on how to use YouTube inorder to make money.
So that's YouTube masteryworkshop.com.
We will leave the links toeverything below.
For those of you who've beenasking.
So jumping right into it, whywould you want to consider the
Mexican passport as one of thepassports in your portfolio?
(02:59):
So there's a bunch of differentreasons, and one of the main
ones is that you can get visafree travel to most of the world
except for US and Canada.
You do need visas.
To visit the US and Canada as aMexican citizen.
But if you already have aprimary passport, let's say a
European passport, which givesyou basically visa free access
through esda, uh, to the UnitedStates and easy access to Canada
(03:22):
or um, obviously a US passportwhere you can visit Canada
without any kind of visa, thenthat doesn't really matter.
It's a great second passport tohave, but even if it's the only
passport you have, you canaccess Europe visa free.
You can access so many othercountries.
You don't even need a visa to goto Japan.
And I think Japan, you can sayup to, I believe it's 180 days
(03:43):
on a Mexican passport.
Um, they're not as lenient withother passports.
Brazil is also starting torequire visas for Americans.
They used to, then they took itaway.
Now they're bringing it back.
And with a Mexican passport, youcan pretty much go to Brazil, no
problem.
The second reason why you mightwant to consider the Mexican
passport is, is because Mexicodoes allow for dual citizenship.
(04:04):
Now, this is really importantbecause you know, for example,
you've been in the process oflooking at other passports that
you can get through yourancestry, and not every country
allows.
For dual citizenship, Mexicodoes.
So if you are in the process ofwanting to build a passport
portfolio, which many of you whoare asking this question are,
(04:25):
then it's a good option becausethen you can have your US
passport or your Canadianpassport, or your EU passport
and have your Mexico passport,no problem.
And travel in between all ofthose places.
It's also lauded as probably thebest.
B Passport by Nomad Capitalists.
Passport Index.
(04:47):
A passports like EU passportscome with a lot of Visa free
travel.
But there are also a lot ofresponsibilities.
For example, very high taxes.
Uh, you just have to look atShakira's story with Spain and
The Bahamas.
If you are curious about, andthat whole situation, how
Europe, uh, can, can turn outsometimes in terms of, in terms
(05:07):
of the high taxes.
And obviously if you're anAmerican.
Well, you're getting taxed allover 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 docalculations based on the number
of days you're in the country.
You have to file reports forevery bank account above a
certain amount and investmentaccounts and other countries and
(05:28):
property and businesses that youown.
And they really just like tokeep tabs on all of their
citizens, uh, versus.
Uh, there's a lot of othercountries like Mexico that does
not tax you on worldwide income,and so.
The so-called B passports, likethe Mexican passport still give
you a really good range of visafree travel, but don't come with
(05:50):
the responsibility that a lot ofthose a passports do.
Another thing is there's lessbaggage with a Mexican passport
right now.
A lot of what we're seeing rightnow with US passports and
Western European passports andmaybe even Canadian passports,
is that they, they're startingto come with baggage, especially
the American passport.
For it because it's gettingharder to open bank accounts in
(06:11):
other countries if you're anAmerican or Canadian.
Yeah.
It's getting harder to open bankaccounts in other countries.
Uh, and not only that, it's justparticularly with Americans, we
are American.
Maybe we'll start seeing thiswith the Europeans as well.
Is, uh, you know, we've beeninvolved, Americans have been
involved in a lot of wars and alot of conflicts, conflict and
foreign influence, not so greatthings, stuff like that.
(06:32):
Yeah, we actually got a pressrelease, um, just last week,
which we'll do a video on if youguys want us to, on how the US
influence around the world.
The positive perception of theUS has actually significantly
reduced in the last year or so,and people are actually now
starting to see China as a morepositive influence than the
(06:52):
United States.
Yeah.
In fact, um, this, this has todo, you know, a little bit with
this video, so we won't go toooff track, but.
Um, if you look at some of thedownsides right now of having a
Western passport like we do fromthe us, um, as your only
passport, the EU just said thatthey're going to, they're,
they're going to actually sidewith China in the trade war
(07:13):
against the us Yeah.
They were having talks withChina last week.
Yeah.
And we've talked about thisbefore 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 quoteunquote legacy brand, uh,
countries like the US or Canadawere really where everybody
(07:34):
wanted to move to, uh, to, toimmigrate, to, to find jobs, to
find opportunity.
And more and more, there's a lotof other countries with
opportunity and we'll mentionthat as a, as a pro for sure
about Mexico, is that Mexico hasone of the largest growing.
Middle classes in this part ofthe world, and, uh, in a, in a
(07:55):
lot of stats as well, likethey're, they're growing very,
very, very rapidly.
The economy is growing.
Um, they're, they're tradingwith partners like China, with
Europe, not just with the us.
So they're not fully dependenton the US economy and their own
economy.
The Mexican Mexican economy isgrowing.
Very quickly, and it's gettingharder to get a Mexican
(08:17):
passport, even residency.
And so in terms of like just thetimeline, if you're trying to do
this, you really want to actnow.
And if you wanna schedule, uh, aconsult, 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 geta paid, uh, coaching session
with us.
But if you go down below thisvideo.
At entrepreneurexpat.com/consult, you can
(08:40):
actually apply for that andwe'll walk you through the
process one-on-one.
But the time is absolutely nowto get this Mexican passport,
because Mexico is kind of goinglike this right now.
The US is kind of going a littlebit down.
It doesn't matter who'spresident.
Yeah, we actually had anotherarticle sent to us last week
from the New York Times that wasfeaturing Mexico as a beacon
(09:02):
right now, and you know, allthe.
Political polarization of the USaside on the article.
'cause we all know where the NewYork Times lies in terms of that
stuff.
The important part to note wasthat now you have people from
all over the world moving toMexico because they see a lot of
economic opportunity here.
And one of our real estatepartners here who actually does
(09:23):
a lot in terms of investing,helping people invest in
commercial real estate.
We're gonna have some veryinteresting content.
Coming out on that soon with himand, but one of our partners
here actually sent me an articleyesterday and he was like, Hey,
one of the largest real estatefirms in Mexico just released
this study.
There's a hundred houses beingsold to foreigner or properties
(09:45):
being sold to foreigners everyday in this country, and 60% of
them are American.
And then the numbers keepgrowing and growing and growing
because you have people from allover the world now moving to
Mexico because yeah, Mexico hasits problems and.
We'll do another video aboutthose problems in the myths of
Mexico.
But number one, every countryhas its problems.
Mm-hmm.
And number two, you're startingto see countries like the US
(10:07):
start decline in a lot of areaswhere Mexico is now or and even
other countries.
But this video is about Mexicois now improving.
So if you've been thinking aboutthis, and we'll get into like
how to get that ci thatcitizenship in a second, we can
walk you through the processwith our immigration attorneys
Just booked that call before.
And final reason why you maywant to consider.
(10:28):
The Mexican passport as a goodplan B passport, um, is because,
or your first plan B passport,maybe because knowing this
crowd, they're gonna have morethan one passport.
Mm-hmm.
Based on what's going on in thecomment section is, uh, the, the
talk a little bit about thenotion of military service
because for example, you werelooking at getting Ukrainian
passport'cause your mother'sfrom Ukraine.
(10:50):
Yeah.
And they actually have mandatorymilitary conscription until, I
think it was like age 60.
Yeah.
For men.
Um, and they don't, because theydon't recognize dual
citizenship.
If I had a Ukrainian passport onUkrainian, uh, soil, I'm just
considered Ukrainian, so Iwould've been dragged into
basically a war.
I'm trying to fight the Russiansright now.
Um, yeah, I, I could stilltheoretically get permanent
(11:14):
residency and maybe if, ifEastern Europe, you know, calms
down, maybe we'll end up gettingresidency in Ukraine.
But I definitely do not want toget.
Uh, a passport because of those,those requirements and because
they don't fully recognize dualcitizenship.
Um, Israel as well does havemandatory conscription.
It is only until a certain agethat I think it was around 26,
(11:34):
something like that.
Yeah.
Um, so I wouldn't, you know, Iwouldn't have to, uh,
necessarily serve in the armythere because I'm, I'm in my
thirties, but, uh, Mexico doeshave military conscription
requirements for.
Naturally born Mexican citizens.
Um, but typically it's done as alottery when that, uh, that
(11:56):
person, that men specificallywhen they turn 18, and they can
also choose civil serviceinstead of military service.
But I have not seen any cases ofthem 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 inany wars.
(12:17):
That's what I was saying.
That's the main thing.
So the likelihood of youactually seeing, uh, combat is,
is very low versus in othercountries, especially Ukraine.
Um, like I mentioned, I, I'm,I'm Ukrainian, uh, through,
through descent on, on mymother's side or like Israel,
both involved in some wars rightnow.
Um, Mexico is not, and Mexico isalso very politically neutral.
(12:38):
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 apassport in that country.
So there's a lot of pros therewithout really too many cons.
No, not too many cons from whatwe've seen.
So now I see why Nomadcapitalist was like in his book
specifically.
(12:58):
He mentioned Mexico is like ifyou're starting out and you're
getting your first, secondpassport, Mexico.
Go for it.
It's, it's probably the best onefor a first, second passport.
All right, so let's get into howto actually get this Mexican
citizenship because you guyshave been asking about it.
So way number one is obviouslybirthright citizenship.
(13:18):
So either you were born inMexico, or perhaps you were born
abroad, but at least one of yourparents, uh, is Mexican citizen
by birth.
So that would be one way ofdoing it.
Most people know that.
The second one isnaturalization, and this is
where we start running into thedistinction between whether it's
gonna take you five years or twoyears.
(13:39):
Yeah, I'll, I'll clarify.
So in most cases, you do needfive years of total legal
residency in Mexico.
So let's say that you areretired, because typically
Mexico will only give youpermanent residence as that
first step to citizenship.
If you're.
At retirement age or nearretirement age, or you've got a
pension, but I haven't heard ofit.
(14:01):
Them giving it out to anyonethat wasn't, at least in their
fifties or sixties.
So if you get your permanentresidence, you can get that at
the, at the consulate if youqualify through income or
investments and savings.
Then from that you can go andlive in Mexico and you have to
actually show that you're livingin Mexico, that you have five
(14:21):
years of legal residency inMexico, not as a tourist
typically.
They also need to see that inthe last two years before
actually applying for yourMexican citizenship, you've
spent at least six months peryear in the country itself.
And in terms of how to getresidency, let's just go through
that really quickly as a littlerecap.
(14:42):
So number one, you can do itbased on your income.
The numbers vary depending onwhether it's temporary or
permanent.
Uh, we did it through income ontemporary because we're not
retirement age, so they wouldnot give us the permanent
residence.
And right now those numbers looklike you have to show about.
41, 40$200 a month, uh, inincome, usually remote income.
(15:03):
And if they're asking for remoteincome, they also want a letter
from your employer, unlessyou're self-employed, unless you
are self-employed.
So for those of you who've beenasking, how do I get into
digital marketing to make moneyonline, make sure to check out
those two courses below.
They get your first high payingclient online bootcamp and the
YouTube Mastery Workshoppurchase them.
They each take about four hourseach.
You're good to go.
(15:24):
Um, so that's way number one.
Way Number two is through realestate.
You can actually qualify forresidents through real estate,
depending on how much you investinto real estate here.
And way number three is byinvesting in a company.
And there's ways that you canqualify for residencies that
way.
If you're interested in any ofthose, we have partners all over
(15:44):
the country who can help youwith it.
So once again, it's entrepreneurexpat.com/consult.
And how do you actually applynow for that Mexican passport?
Once you've met therequirements?
Well, you apply fornaturalization.
Uh, typically that is done atone of the government offices.
I believe the, it's called theSRE, uh, the es, something like
(16:11):
that.
So you go there, you can applyfor your passport, uh, after.
Providing the rightdocumentation.
The entire process can takeseveral months and can include a
test of the Spanish language andMexican culture and history, and
then you get your passport.
And it's pretty much as simpleas that.
We're about, um, I'm a littlefarther along in the process
(16:31):
than you are so.
I will only need about anothertwo years total before I've met
the, the five year spent, uh, inthe country with residents.
And I can apply for my Mexicanpassport and then you can either
wait another six months to ayear, uh, or probably just get
it through me, I think.
'cause technically I'm gonna bea Mexican citizen.
Yeah.
So we'll see what's, what'seasier.
(16:52):
And I'm gonna be married to aMexican citizen.
Exactly at that point.
So, uh, there are, so that'stypically five years.
There are ways that you can getit in two years, and these are
the ways.
So number one, if you're marriedto a Mexican citizen, then it's,
then you can get it in two yearsinstead of five.
Uh, if you have Mexican bornchildren, you can get it in two
years, uh, versus five.
So a lot of people don't knowthat there's birth tourism.
(17:15):
Uh, in Mexico, everybody thinksit only happens in the United
States, but Mexico and Brazilalso have pretty high.
Mm-hmm.
Um, birth tourism.
So for example, people will comehere, they'll have their baby
here, and then because they hadtheir child here, then, um.
In Mexico, they willautomatically give permanent
residence to the parents andthen in two years they can apply
it for citizenship.
(17:36):
Of course, at the time ofrecording this, immigration is
constantly changing, so makesure to work with attorneys and
we can actually put you incontact with the attorneys that
we've been vetting.
Uh, the other way that you canget it in two years is if you're
from another Latin Americancountry or.
Spain, kind of similar to whatSpain does now, that if you're
from, or Portugal or Portugal,uh, where if you're from a Latin
American country and you go livein Spain for two years, then you
(17:59):
can qualify for the EU passport.
It's a similar thing here, uh,just in reverse, which means
that I.
Technically after we get ourMexican citizenship, we might
actually be able to apply for aSpanish passport if we wanted to
if we've lived over there fortwo years.
Exactly.
Yeah.
But we have to be careful withthe taxes.
Yeah.
We don't want a situation likethe had her hips don't lie and
(18:20):
neither do our 10 forties movingon.
Um, you can also get it in oneyear if you are a refugee or if
you've, you've made exceptionalcontributions 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 maybesomeone is from one country, but
they're competing under the flagof another country.
(18:41):
It's because that country said,Hey, if you compete under our
flag, we'll give youcitizenship.
Mm-hmm.
So normally it, it's somethinglike that, uh, where you have to
have some sort of massivecontribution to the society, and
then they'll let you do it intwo years instead of five.
And if you were also adescendant of Mexican parents or
(19:02):
grandparents, you still might beeligible to claim citizenship.
Also, if you were a descendantfrom either Mexican parents or
grandparents, then you can stillclaim citizenship as well.
Uh, even if your parents, forexample, did not have Mexican
citizenship, but yourgrandparents did, there are ways
that you can go to the, uh,Mexican authorities here and
(19:26):
claim your Mexican citizenshipdirectly.
So you don't have to go throughthe whole process of waiting.
You can directly get yourMexican citizenship.
So that's a way that.
If people have Mexicangrandparents, uh, they can
actually get a passport herevery quickly.
It.
So these are the ways thatMexican citizenship works and
how to get that Mexicanpassport.
Depending on what categoryyou're in, then you can kind of
(19:48):
figure out where it is that youfit.
Now, could you theoretically doall these things by yourself?
Yeah, sure.
Theoretically you could.
Probably not the greatest ideato try and do immigration things
by yourself.
We've seen people try and do itby themselves, and then there
was like one little goof on apaper and then that's it.
They have to start all overagain.
It can get very messy and theselaws are always changing.
(20:09):
So for example, we just sawMexico basically cancel for all
intents and purposes, theregularization program.
Mm-hmm.
Which a lot of people werebanking on.
And we'd been telling you guysfor about a year that it wasn't
gonna last much longer, and itturns out.
We were right.
So these are things that, numberone, you wanna move on very
quickly, as quickly as you canbecause they're always changing.
(20:30):
Immigration typically getsharder with time, not easier.
And number two, while you coulddo it by yourself.
Why would you, why would youdeal with something so complex
by yourself?
In which case, we can help youwith the team of immigration
attorneys that we have builthere in Mexico.
They're the ones who know allthe details about the law and
(20:51):
what papers you need, and we canhelp you through that process
with them.
So entrepreneurexpat.com/consult to get started
on that.
Thanks so much for watching andwe will see you again next time.
Make sure to like to subscribeand book that consult with us
right below this video and wewill help you on your
entrepreneur expat journey.
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