Originally Posted by Odds_Master
Okay. I have read this thread to front and back and marvel at all the suggestions and bits of information I was able to acquire. But let's start with the fundamentals:
One must first get a passport. Then the next step forward would be getting a tourist visa. How does one go about getting a tourist visa and whats the level of difficulty acquiring one. A link to a specific site would be nice.
From a whole different stance, based on people's experience what is the easiest or most cost effective way to cash out via Pokerstar's? I hear using MB is somewhat of a pain and fee's can be costly. Did anyone found a good exchange between the peso via USD dollar route. Your comments and constructive criticism is welcomed!
You'll get a tourist visa when you land in Mexico (for free). They're good for 180 days, but if you want to stay longer, you can get it extended or just take a vacation out of the country (Belize is only a few hours away).
For cashing out, there are no great methods, but the relatively "better" option is probably to set up a peso account and then have Stars wire money to that account. Exchange rate fees could be anywhere from 1.0-4.0% depending on size of the cashout. Then you're sitting on a bunch of pesos, so you can wire those back to your US bank account and pay another 1-4%. I use a company called "Monex", which is basically a currency exchange bank. They charge about 0.6% to change $ (assuming it's electronic - physical bills are at a worse rate).