FM3 minimum income requirements

[Pizzaman]

Thanks you right

As soon as we leave playa
We're planning our next trip
Have 2 coming up

[snappysammy]

Originally Posted by absoluteAL

"I can't leave" . To me that sounds alot better than having to go back to NY

"Suppose I don't get the fm3 in that time frame". If you don't get your Non Immigrante in the needed timeframe, you can get a letter from Immigration that would allow you to leave........and return.

co-rectum

but why bother with it if you are in playa for a month??
so easy to enter and exit with tourist visa, and cheaper

[Pizzaman]

This time I can only stay for a month

Next time 3 months

My wife and I bought a place there

We want to retire there

That how much we liked it

I figured I start to get the ball rolling

Going to need a car ,bank account etc

[Sue]

I wouldn't bother getting anything past a FMM until you're actually staying longer than 6 months.

Originally Posted by Pizzaman

This time I can only stay for a month

Next time 3 months

My wife and I bought a place there

We want to retire there

That how much we liked it

I figured I start to get the ball rolling

Going to need a car ,bank account etc

[Pizzaman]

I was told you can't buy a car with fmm

Last time we where there for a month

The rental car cost us over 1000 us $

It gets to be expensive

We like to have a car

We go to different beach everyday

Akumal , Tulum , xpu-ha , paaumal etc

[Solomon]

You can "buy" a car without an FM. You can insure a car without your FM. You can't register the car without an FM. You can have somebody else register the car in their name.

You can probably also rent a car for much cheaper if you look around.

[Pizzaman]

I do all my booking from home
Always looking for the best deals
On the car with insurance

I'm wondering if you can go thru the Fideocomiso
To buy the car and get plates
Or it's only used to buy properties

[Solomon]

The best deals are found on foot.

You can do almost anything with a fideicomiso, but you wouldn't solve your problem with getting plates. Don't think about it like registering the car and getting the plates makes you the owner, it doesn't. The explanation is long and complex and I don't have time to write it out right now.

[absoluteAL]

Originally Posted by Solomon

You can "buy" a car without an FM. You can insure a car without your FM. You can't register the car without an FM. You can have somebody else register the car in their name.

And if actual owner of the car is involved in an accident (their fault) - can't the person hit go against the person that the car is registered to?
Can't the person that the car is registered to go to jail until things are satisfactorily resolved?

[snappysammy]

Originally Posted by absoluteAL

And if actual owner of the car is involved in an accident (their fault) - can't the person hit go against the person that the car is registered to?
Can't the person that the car is registered to go to jail until things are satisfactorily resolved?

with proper insurance in place there should be no jail involved

[Solomon]

In short, what Snappy said.

Long answer, the Constitution says that you cannot be incarcerated for civil debt, only as punishment for criminal actions. While they might be arguably civilly liable (if the insurance didn't pay and the driver didn't pay), the owner of the car wouldn't be criminally liable for the actions of the driver, because property damage is a pretty personal crime. It would be really hard for the Ministerio Publico to argue that the owner of the car was in any way responsible criminally, especially for a non-intentional crime (as in the owner is the intellectual author or willing accomplice of the car wreck).

The reason people go to jail for car wrecks is as follows: They are charged with criminal property damage as a result of an accident, which is a crime that must be promoted by the affected party. Really, the affected party just wants their car fixed or the damages paid for, they don't want the person who caused the accident to go to jail. If the person who caused the accident doesn't have any way to pay for the damages, the affected party has the right to prosecute him for the crime of "Daños" or property damages, which puts the responsible party in the custody of the justice system until he finds means to pay for the damages, at which point the charges are usually dropped.

Daños
Art. 161 - He who by any means destroys or deteriorates a thing owned by him or someone else, at someone else's detriment, will be imprisoned for six months to six years and fined fifteen to two-hundred forty days of minimum wage.

[Pizzaman]

Solomon , thank you for taking the time out to explain

The Mexican law .

The only way
that I would buy a car in Mexico is in my own name

And get the plates in my own name

I have to do what I have to do to get that accomplished

Thanks again

[Pizzaman]

Originally Posted by Pizzaman

I want to get an fm3 because I purchased a place

Want to buy a car

Next time stay for 5-6 months

Just love the people , food , beaches

Wow a lot has changed since the last post
I see new law in effect for resident status
I was told it has to be started outside of Mexico
I'm coming I on Jan 2 nd
Like to buy a car does anyone know if the law changed
So I can register the car in my name and get plates with the fmm they give you at the airport
I haven't started my process to become a resident yet until they get used to the new law
Any help would be greatly appreciated
Thanks

[mstevens]

Originally Posted by Pizzaman

So I can register the car in my name and get plates with the fmm they give you at the airport

Even if you could, you shouldn't. The car registration will expire when your immigration status expires, which could be anywhere up to 6 months.

Get your immigration status sorted out first, then buy a car.

This is different from bringing your own car with you, which would certainly be covered by a tourist status.

[Babaloo]

Originally Posted by mstevens

Even if you could, you shouldn't. The car registration will expire when your immigration status expires, which could be anywhere up to 6 months.

.

That's the rule for your temporary import permit (US plated vehicle), but I don't think that is true for a registered Mexican vehicle. The registration is good for a year.