๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico

North America
0 residency programs
Residence-based taxation
Chichรฉn Itzรก, Mexico

Countries / Mexico

Known for

Fact Sheet

Continent

North America

Demonym

Mexican

Calling code

+52

Driving side

Right

Motto

The Homeland is First (La Patria Es Primero)
Population
130,526,945
Human development index
0.77
Life expectancy
77 years
Unemployment rate
5%
Inflation rate
3.4%
Fertility rate
2.2

Cost of Life

Cost of Living Index
35.72
Rent Index
11.46
Groceries Index
32.39
Restaurant Price Index
32.12
Local Purchasing Power Index
41.81

Taxation overview

Tax system

Residence-based taxation

Countries with a residence-based taxation levy tax from your worldwide income for as long as you're a tax resident of that country. This is the most common taxation system.

Tax residence definition varies from country to country. General rule is you're a tax resident of a country if you spend 183 days or more in it in a year.

Tax Treaties (60)

Mexico has concluded 60 tax treaties (also called double tax agreements, or DTAs) with other countries to avoid or mitigate double taxation. Such treaties may cover a range of taxes including income taxes, inheritance taxes, value added taxes, or other taxes.
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