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Mexico offers a valuable option for temporary residency (TR) with no cost. To apply for TR, you need to show a bank balance of $43k USD or more in the last 12 months. Keeping TR for four years allows you to apply for permanent residency (PR) in the fifth year. After spending one year on PR, you can qualify for Mexican citizenship. This option is beneficial as it allows for potential future citizenship application without starting the clock for eligibility.