Mexico Retirement Visa vs Uruguay Retirement Visa
Mexico retirement route: $56 fee, 12 months. Uruguay retirement route: $100 fee, 3 months.
- Uruguay Retirement: $1,500 a month, $2,893 less than Mexico Retirement.
- Mexico Retirement: $56 to apply, $44 less than Uruguay Retirement.
- Mexico Retirement: about 1.5 weeks, 5.5 weeks sooner than Uruguay Retirement.
- Uruguay Retirement: PR in 0 years, 4 sooner than Mexico Retirement.
Built for: Retirees.
- Income
- $4,393/mo
- Fee
- $56
- Duration
- 12 months
- Income
- $1,500/mo
- Fee
- $100
- Duration
- 3 months
Next steps
Mexico Retirement
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Side by side
Mexico Retirement Visa
Uruguay Retirement Visa
Visa type
Status
Initial duration, months
Renewable
Built for
Minimum age, years
Practical minimum age, years
Nationality restrictions
Processing time, minimum (weeks)
Processing time, maximum (weeks)
Where to apply
Interview required
Medical exam required
Minimum income, per month
Minimum savings, one time
Minimum investment, one time
Investment types
Application fee, one time
Renewal cost, one time
Extra income per adult dependent
Income sources accepted
Social Security counts as income
Pension income recognized
Local work permitted
Maximum income from local work, %
Health insurance required
Local bank account required
Apostille required
US FBI background check required
Certificate of coverage required
Language requirement
Required documents
Leads to permanent residency
Years to permanent residency
Years to citizenship, PR plus naturalization
Days in country, per year
Tax regime
US tax treaty
| Field | Mexico Retirement Visa | Uruguay Retirement Visa |
|---|---|---|
| Visa type | Retirement | Retirement |
| Status | Active | Active |
| Initial duration, months | 12 (Longest initial stay) | 3 |
| Renewable | Yes | Yes |
| Built for | Retirees | Retirees, FIRE, Passive investors |
| Minimum age, years | Not specified | 18 |
| Practical minimum age, years | Not specified | 55 |
| Nationality restrictions | Open to all nationalities | Open to all nationalities |
| Field | Mexico Retirement Visa | Uruguay Retirement Visa |
|---|---|---|
| Minimum income, per month | $4,393 | $1,500 (Lowest known income requirement) |
| Minimum savings, one time | $73,000 | $24,000 (Lowest known savings requirement) |
| Minimum investment, one time | Not applicable | $100,000 |
| Investment types | Not applicable | Real estate, Government bonds |
| Application fee, one time | $56 (Lowest known fee) | $100 |
| Renewal cost, one time | $450 | Not specified |
| Extra income per adult dependent | 33% | Not specified |
| Field | Mexico Retirement Visa | Uruguay Retirement Visa |
|---|---|---|
| Income sources accepted | Pension or Social Security, Savings, Remote work, Passive income | Pension or Social Security, Passive income |
| Social Security counts as income | Yes (Social Security counts) | No |
| Pension income recognized | Yes (Pension income recognized) | No |
| Local work permitted | No | No |
| Maximum income from local work, % | Not specified | 36% |
| Field | Mexico Retirement Visa | Uruguay Retirement Visa |
|---|---|---|
| Processing time, minimum (weeks) | 1 weeks | 1 weeks |
| Processing time, maximum (weeks) | 2 weeks (Fastest known processing) | 13 weeks |
| Where to apply | Apply in person at a Mexican consulate in your home country or country of legal residenceSee where to apply on the visa page | Not specified |
| Interview required | Yes | No (No interview required) |
| Medical exam required | No | No |
| Field | Mexico Retirement Visa | Uruguay Retirement Visa |
|---|---|---|
| Leads to permanent residency | Yes | Yes |
| Years to permanent residency | 4 years | 0 years (Shortest known path to permanent residency) |
| Years to citizenship, PR plus naturalization | 9 years | 5 years (Shortest known path to citizenship) |
| Days in country, per year | Not specified | 180 days |
| Field | Mexico Retirement Visa | Uruguay Retirement Visa |
|---|---|---|
| Tax regime | Worldwide | Hybrid |
| US tax treaty | Not specified | Not specified |
| Field | Mexico Retirement Visa | Uruguay Retirement Visa |
|---|---|---|
| Health insurance required | Yes | No (No insurance requirement) |
| Local bank account required | No | No |
| Apostille required | No (No apostille needed) | Yes |
| US FBI background check required | No | No |
| Certificate of coverage required | No | No |
| Language requirement | None | Not specified |
| Required documents | 8 items listedSee full list on the visa page | Not specified |