TRL 112: Mexican Residency 101: Why Get It & How to Do so in Less Than 6 Months With Ryan & Amanda

That Remote Life | Interviews with Digital Nomads and Location Independent Entrepreneurs

💬 Topics Discussed:

• Why Ryan and Amanda decided to move to Mexico
• Why you should consider Puerto Vallarta as a digital nomad
• Why you should get a second citizenship
• The difference between residency and citizenship
• How Amanda and Ryan's families reacted to them becoming Mexican residents
• Tax benefits of Mexican citizenship
• How to get Panama citizenship for tax benefits
• The process of getting a Mexican residency
• How long it takes to get your residency
• How much money you need to make in order to qualify for Mexican residency
• Why remote visas are not very helpful
• Breakdown of Amanda's yoga business
• Breakdown of Ryan's podcast business
• Monetizing a podcast

🎒 Resources

• Ray Blakney on TRL (https://thatremotelife.com/episode3/)
• https://www.theworldwanderers.com/
• https://www.gratefulgypsies.com/
• https://wise.com/
• https://venmo.com/
• Barbados for Digital Nomads (https://youtu.be/b1miDdsE9kI)
• https://www.awaytravel.com/
• https://www.spreaker.com/podcast-monetization
• https://www.mbomyoga.com/
• https://ryanaferguson.com/