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k-rico
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FM2 Visas
I just started my 5th year of my FM3 visa and am considering switching to a FM2 visa instead of getting another FM3. I understand the immigrant vs.
non-immigrant difference.
Do FM2s need to be renewed each year like FM3s?
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k-rico
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thanks
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greybaby
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But. . . the good thing about FM2s is that after you complete the book of 5 you don't have to keep going like you do with an FM3. You're done. More
expensive but worth it overall.
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Bob and Susan
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you no longer have to have an fm3 for five years to get a fm2
you can go straight to the fm2
after 5 years with the fm2 you're done with the renewal part every year
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k-rico
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Thanks all for the added info. It makes a big difference. The annual renewal is the hassle I want to avoid.
FM2 and 5 more years it is!
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DENNIS
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| Quote: | Originally posted by k-rico
Thanks all for the added info. It makes a big difference. The annual renewal is the hassle I want to avoid.
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You won't. You pay each year....more, untill you get through inmigrado status.
[did somebody already say this?]
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CortezBlue
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| Quote: | Originally posted by Bob and Susan
you no longer have to have an fm3 for five years to get a fm2
you can go straight to the fm2
after 5 years with the fm2 you're done with the renewal part every year |
I wish that your statment was true. I just went through all of this at 3 different folks in San Felipe and the answer was, NO. One lady told me that
they MAY being offering that in the future, but not currently. Also, it is more expensive annually to do the FM2, but it would be worth it for 5
years so as not to have to deal with it annually.
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k-rico
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Man, it's tough to get a straight answer around here. Let me ask in a different way.
If I get a FM2, will I need to deal the bureaucracy every year, assuming a heart beat and I'm living in Mex?
So far:
No, after 5 years you're done.
Yes, you have to pay every year.
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DENNIS
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| Quote: | Originally posted by k-rico
Yes, you have to pay every year. |
Yes, you pay every year. When the five years is over, you get to pay one more time for Inmigrado status. With each successive step,
FM3...FM2...Inmigrado, the payment is more.
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k-rico
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OK, thanks. Taking this one step further, from a practical point of view, why pay the additional amount to switch to an immigrant status (FM2) visa?
What do I gain? Can I eventually get rid of the fideicomiso and get the deed in my grubby little hands if I become a naturalized citizen?
I know, get a lawyer. I already have the retainer agreement on my desk.
But I'm interested in what youse guys think.
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bajalou
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| Quote: | Originally posted by k-rico
O
What do I gain? Can I eventually get rid of the fideicomiso and get the deed in my grubby little hands if I become a naturalized citizen?
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No
With the FM2 you also have more restrictions on the amount of time you can spend out of Mexico. Imigrado status also imposes time limitations for
being "out of country".
No Bad Days
\"Never argue with an idiot. People watching may not be able to tell the difference\"
\"The trouble with doing nothing is - how do I know when I\'m done?\"
Nomad Baja Interactive map
And in the San Felipe area - check out Valle Chico area |
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DENNIS
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| Quote: | Originally posted by k-rico
OK, thanks. Taking this one step further, from a practical point of view, why pay the additional amount to switch to an immigrant status (FM2) visa?
What do I gain? |
You don't have to. You can redo the FM3 process and keep paying yearly but, it's just another step toward the end. You can't get around making yearly
payments without going through Inmigrado status.
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rts551
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I believe as a naturalized citizen he can.
| Quote: | Originally posted by bajalou
| Quote: | Originally posted by k-rico
O
What do I gain? Can I eventually get rid of the fideicomiso and get the deed in my grubby little hands if I become a naturalized citizen?
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No
With the FM2 you also have more restrictions on the amount of time you can spend out of Mexico. Imigrado status also imposes time limitations for
being "out of country". |
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k-rico
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I'm not worried about being out of country. I live in Mexico and don't have a US residence.
Perhaps from a legal point of view, I should go the immigant visa route.
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DENNIS
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| Quote: | Originally posted by bajalou
Imigrado status also imposes time limitations for being "out of country". |
I've never heard that. I always thought the rewards for going through the process were less restrictions.
With Inmigrado status, you're done checking in. How would anybody know where you are at any time? Or care?
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k-rico
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From a translation of the Mexican constitution I read, article 27 states that "foreigners" cannot own land in the restricted zone. It also states that
naturalized citizens are not "foreigners". Given that, naturalized citizens can own land in the restricted zone.
I'll get that answer from my lawyer.
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DENNIS
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| Quote: | Originally posted by k-rico
From a translation of the Mexican constitution I read, article 27 states that "foreigners" cannot own land in the restricted zone. It also states that
naturalized citizens are not "foreigners". Given that, naturalized citizens can own land in the restricted zone.
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Are you going to go through the Naturalization process? That isn't the same as the processes we've been discussing. Being Inmigrado is different
from being Naturalized and when Inmigrado, you can't own restricted land.
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k-rico
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"Are you going to go through the Naturalization process?"
That's what I'm considering, and perhaps mistakenly, I'm thinking going from a FM3 to a FM2 is a necessary step.
But this is getting out of the realm of where free message board advice is to be followed.
[Edited on 1-12-2010 by k-rico]
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k-rico
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Thanks all.
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Dave
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| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by bajalou
Imigrado status also imposes time limitations for being "out of country". |
I've never heard that. I always thought the rewards for going through the process were less restrictions.
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Impossible to enforce 'up north'. Technically, with an FM2 you are required to check in/out but since they don't check at land borders no one does. I
once presented my FM2 at customs when declaring. Got a lecture. I'll never do that again.
IMO, unless the end goal is citizenship an FM2 is a waste of time and money.
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