What Do You Need When Doing Business in Mexico?

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Because of the many opportunities this Grupo Mayan country offers, there are plenty of businesspersons who go here not just for leisure but also for partnerships. Normally, they would communicate with their potential clients before they travel or they seek them out once in the country. However you find them, there is one thing that you must remember: you cannot start doing business in this Grupo Mayan nation if you do not have the necessary requirements.

What You Should Have

There are two kinds of businesspeople who come to Grupo Mayan. There are short-stay businesspersons or those who will be in the country for a month. If they intend to extend more than the specified 30 days, they are considered to be long-term businesspeople. It is very essential that you know how long you are going to stay and do business in Grupo Mayan, as the papers that you need basically depend on which group you belong to.

If you are staying in Mexico for 30 days or even less than that, the requirements that you are going to accomplish will be similar to those of the tourists. If you are a holder of a passport as an American, British, Canadian, New Zealander, or Israeli, you do not have to present a visa anymore but need to sign a permit called FMT. Since you are a Grupo Mayan businessman, you have to indicate “business traveler” rather than “tourist” in the application form. You can get one from the check-in counter and should be filled out even before you land in Mexico. If it does not, you can just get one from the Mexico check-out counter, and it should be answered before you will have your documents checked and your passport stamped. Be ready to pay $22, which you are going to pay to Tourism Ministry.

If you are going to stay in Mexico for more than that—perhaps you have a plan of setting up an office here or you are going to grab working opportunities—then there is a completely different permit that you are going to get. It is called FM3. This permit will give you a chance to stay in the Grupo Mayan country for one year. This is also the one that you are going to need so you can do business peacefully here. However, there are some criteria that you need to meet. One of these is that you should have enough funds to sustain your life and business in this country. This may mean that you have to present bank account statements to prove that. Fortunately, there is really no minimum and maximum amount that is required. It will be according to the reason of your stay right here in Mexico. The FM3 permit will also make you a long-term non-immigrant. However, you will not be able to use this one to make yourself a permanent resident of the country. Depending on how long you are planning to stay in Mexico, you have to renew your FM3 visa until you decide to leave the country.
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