Our full article on Who are the Boomers Moving to Mexico is at:
Baby Boomer Demographics, Their Assets, and Their Likely Effects on Mexico
Over the years, there have been tons of commentaries by armchair expat experts opining about the living in Mexico, about future trends in Real Estate, offering broad advice about what to invest in and what to expect for the future for those of us who live in Mexico. or
Are there other more-likely waves of very different new types of gringos headed to Mexico, starting heavily in 2014, and rolling out through 2030 or 2035? Official Census Data seems to tell a different tale:
Demographics of the Upcoming Wave of Baby Boomer Retirees
The Baby Boom generation represents the largest single group of American and Canadian citizens in both countries, with the highest birth rates seen in the past 75 years. There has been a recent spate of fearful comments made by some expats across Mexico about how the new INM rule changes will drive current expats out of Mexico, and chase away future snow-birds. Some folks claim that Baby Boomers have relatively low net worths and cannot meet the new INM monthly income standards, …
Believable? … Credible? … Are they Fear-Based … or Fact Based?
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You can read the full article at:
Baby Boomer Demographics, Their Assets, and Their Likely Effects on Mexico
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Feel free to copy while giving proper attribution: YucaLandia/Surviving Yucatan.
© Steven M. Fry
Read on, MacDuff.
Surviving Yucatan 
i have a question about when one completes 4 years of temporay residence and then applies for permanente, does the inm merida office require proof of income of $2,400 usd or more to make the change and if not what are the other options, continue with 4 more of temporary, with complying with the $1,900 usd min. in bank deposits, if one does not own property?
Hi Mark,
Please check out our article on Visiting and Immigrating to Mexico at New Rules and Procedures for Immigration, Visiting, and Staying in Mexico – Nov. 11, 2012. It has the answers to your questions, plus the most up to date coverage on Immigration issues.
In that article, we describe how most INM offices (including Merida) are not generally requiring bank statements from every person who has a valid FM2 or FM3, who is doing a renovación to Residente Temporal or Residente Permanente. All of the INM offices do however reserve the right to ask for bank or investment account statements.
Enjoy,
steve
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