Mexico Country Profile

Passport Ranking
Passport Score
Visa-free Countries
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North and South America
Capital City
Mexico City

Largest City
Mexico City
Mexican peso

128.5 million

Life Expectancy
72.3 years
GDP (nominal)
$1.4 trillion

Cost of Living
English Proficiency
Very cheap (2/7)
Comfortable (2/5)
Dangerous (5/7)
Average (3/5)
Low (4/5)

Taxation Type: Residence-based

Sovereign Research's take:

Mexico is a tremendously appealing country on so many levels.

Its beaches are gorgeous, its climate inviting and its topography varied. Its countryside towns are little cultural jewels, and its food is just so damned good.

As a country it boasts a rich, intriguing history, and its people are warm and inviting.

Mexico is also a “real country” – one with a diversified economy, and a large enough population to create a self-sustainable system.

Nonetheless, it is an incredibly affordable place to live.

And Mexico remained one of the freest countries in the world during the pandemic. In fact, it served as a refuge for several Sovereign Research employees and friends during this time.

Mexico can thus be a great place to consider as part of your own Plan B. Obtaining residency in Mexico, for example, is very straightforward. Maintaining it thereafter is also not hard, and requires only an occasional visit.

In fact, many of our subscribers have managed to entirely skip the temporary stage and go for permanent residency there from the get-go. (You will need to demonstrate your increased creditworthiness to achieve this though.)

And just five years later, you can become a Mexican citizen. (But if your goal is to obtain a Mexican passport, then you’ll have to spend the last 18 months before applying on the ground.)

We also consider Mexico to be one of the best places in which to have your child. In fact, our founder, Simon Black, and his wife did just that in 2021. 

Not only will your child become a Mexican citizen from day one, but you will be able to apply for permanent residency in the country. And just two years later, you can apply for Mexican citizenship as well.

You could also consider Mexico for medical tourism. Private healthcare there is top-notch and very inexpensive.

But, you’re probably wondering, what about safety and violence?

Mexico is dangerous, no doubt about that. Some areas, like Juarez on the border with the US, are definitely No Go Zones.

But we know expats who have been living in the Yucatan peninsula (home to famous Cancun) and in the colonial highland towns in central Mexico for decades, and they never experienced any problems.

So very often, the general grim view of Mexico does not match the reality on the ground..

Service Providers available in Mexico in Sovereign Research's Rolodex:

  • Immigration (residency, citizenship)
  • Full relocation services (real estate search, bank account opening, driver's licence, etc.)
  • Tax advice (attorneys and/or accountants)
  • Real Estate (agents, lawyers)
  • Natal services (for jus soli countries)
Obtain access by signing up for Sovereign Confidential

Mexico inside Sovereign Research resources
(opens in a new window)

30-Jan-2301/30/23January 2023 SC Q&A Sovereign ConfidentialSMCQ&A
05-Jan-2301/05/23Giving Birth in Mexico: Medical and Legal Details Sovereign ConfidentialSMCAlert
29-Nov-2211/29/22November 2022 SC Q&A Sovereign ConfidentialSMCQ&A
28-Oct-2210/28/22October 2022 SC Q&A Sovereign ConfidentialSMCQ&A
29-Sep-2209/29/22September 2022 SMC Q&A Sovereign ConfidentialSMCQ&A
15-Sep-2209/15/22Plan B Strategies of Team Sovereign Man Sovereign ConfidentialSMCMonthly Letter
29-Aug-2208/29/22August 2022 SMC Q&A Sovereign ConfidentialSMCQ&A
15-Aug-2208/15/22“Food Secure” Countries in the World — One Might be Right for You Sovereign ConfidentialSMCMonthly Letter
28-Jul-2207/28/22July 2022 SMC Q&A Sovereign ConfidentialSMCQ&A
29-Jun-2206/29/22June 2022 SMC Q&A Sovereign ConfidentialSMCQ&A
27-Jun-2206/27/22A Roundup of Naturalization Rules & Timelines in the Americas Sovereign ConfidentialSMCBlack Paper
30-May-2205/30/22May 2022 SMC Q&A Sovereign ConfidentialSMCQ&A
26-May-2205/26/22Sold on Mexico? Check Out These Areas for Real Estate in 2022 Sovereign ConfidentialSMCAlert
29-Apr-2204/29/22April 2022 SMC Q&A Sovereign ConfidentialSMCQ&A
31-Mar-2203/31/22March 2022 SMC Q&A (Live Call Recording) Sovereign ConfidentialSMCQ&A
28-Feb-2202/28/22February 2022 SMC Q&A Sovereign ConfidentialSMCQ&A
28-Jan-2201/28/22January 2022 SMC Q&A Sovereign ConfidentialSMCQ&A
29-Nov-2111/29/21November 2021 SMC Q&A Sovereign ConfidentialSMCQ&A
24-Nov-2111/24/21The Ultimate Plan B Guide: How To Be Free in an Unfree World Sovereign ConfidentialSMCBlack Paper
05-Nov-2111/05/21Where In The World Are Vaccine Mandates Unconstitutional? Sovereign ConfidentialSMCAlert
29-Oct-2110/29/21October 2021 SMC Q&A Sovereign ConfidentialSMCQ&A
24-Sep-2109/24/21Consider These Two Latin American Countries for Your Child’s Birth Sovereign ConfidentialSMCAlert
30-Aug-2108/30/21August 2021 SMC Q&A Sovereign ConfidentialSMCQ&A
29-Jul-2107/29/21July 2021 SMC Q&A Sovereign ConfidentialSMCQ&A
29-Jun-2106/29/21June 2021 SMC Q&A Sovereign ConfidentialSMCQ&A
15-Jun-2106/15/21Here Are 15 Factors to Consider Before Your International Move Sovereign ConfidentialSMCMonthly Letter
09-Feb-2102/09/21The Sovereign Man Starter Guide Sovereign ConfidentialSMCBlack Paper
29-Jan-2101/29/21January 2021 SMC Q&A Sovereign ConfidentialSMCQ&A
05-Jan-2101/05/21Medical tourism destinations in Latin America Sovereign ConfidentialSMCAlert
15-Dec-2012/15/20Obtain these foreign residencies without leaving your home country Sovereign ConfidentialSMCMonthly Letter
15-Oct-2010/15/20Eight reasons why Mexico can help you take back control of your freedom Sovereign ConfidentialSMCMonthly Letter
15-Sep-2009/15/20These eight countries are offering 12-month visas or temporary residencies to digital workers Sovereign ConfidentialSMCMonthly Letter
25-Aug-2008/25/20Mexico: How you too can escape future lockdowns Sovereign ConfidentialSMCAlert
01-Jul-2007/01/20June 2020 SMC Q&A Sovereign ConfidentialSMCQ&A
05-Dec-1712/05/17Medical tourism: Discover high quality, less expensive healthcare options abroad Sovereign ConfidentialSMCAlert
25-Jul-1707/25/17How a young entrepreneur made Mexico his Plan B before age 35 Sovereign ConfidentialSMCCase Study
25-May-1705/25/17Mexican real estate - from inexpensive to dirt cheap Sovereign ConfidentialSMCAlert
06-Apr-1704/06/17Sovereign Man Country Rankings: The Right Country for YOU, with Simon's insights Sovereign ConfidentialSMCBlack Paper
24-Feb-1702/24/17Why Mexico might be an outstanding Plan B choice - especially for retirees Sovereign ConfidentialSMCAlert
26-Feb-1602/26/16Meet FATCA’s even nastier cousin: CRS Sovereign ConfidentialSMCAlert

Articles featuring Mexico

Trends & News

What happened in Mexico City this weekend...

“I can’t believe this place is so nice!” That’s what we kept hearing over and over again this past weekend in Mexico City, where we held a private event for our Total Access members. Both the event, and the city, were absolutely phenomenal. We held the event at the JW Marriott hotel in the upscale […]


Why I had a baby... in Mexico

One of the wonderful people I’ve been fortunate to get to know in my life is legendary investor and prolific author Jim Rogers. I’ve known Jim for nearly 10 years now. He’s a great guy and I’ve learned so much from him– about finance, markets, travel, writing. But above all that, one thing in particular […]

International Diversification Strategies

How to gain permanent residency in Mexico without leaving home in 2022

Looking to gain permanent residency in Mexico without leaving home? Whether you are retired or not, you can gain residency in Mexico with ease in 2022. Discover how below… As a world traveler and investor, I always try to find markets where there’s a huge difference between the ACTUAL risk and the PERCEIVED risk. And […]

Trends & News

Mexico is starting to look like Venezuela

Mexico is in the midst of a crisis again. And no, it doesn’t have anything to do with the border wall that caused the US government to be hopelessly deadlocked for more than a month. Or the economy. Or murders and violence. Or drug trafficking. Or bird flu. Nope. Mexico is battling an enormous problem […]

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