Temporary Residency Visa and new minimum wage.

[Doyle Phillips]

"Gerardo Esquivel, proposed for the Undersecretary of Expenditures for the government of Andrés Manuel López Obrador says there is a possibility that the minimum wage could increase to 101 peso per day as of January 1, 2019."
https://www.riviera-maya-news.com/minimu.../2018.html

Currently and to the best of my knowledge, the official 2018 financial requirement for Temporary Residency is based on $88 pesos daily minimum wage by the following formula:

300 x $88 = $2,644 At an exchange rate about $20 pesos to the dollar the current minimum for TR is $1320 dollars monthly
($88 may have been changed to $88.34 but i haven't found an "official" notice.)

If the minimum wage increases to $101 then the 2019 minimum monthly for TR visa could be increased to $1515 dollars.

[jesm]

Great you shared this and calculated the potential impact. Might cause some to move forward, faster.
INM offices will close Wednesday for holidays, but reopen January 7