North America · Central America

Mexico

The cheapest serious residency in the Americas and the only one next door to the United States: no wealth tax, no inheritance tax, no exit tax, and thresholds set in pesos against an index that rises slower than the minimum wage.

Last verified July 2026157 visa-free destinations

Tax position

Income tax (top)
35% (progressive from 1.92% across 11 brackets)
Capital gains
generally taxed as ordinary income up to 35%; 10% flat on gains from shares traded on the Mexican stock exchange and certain listed foreign shares; separate regimes for real estate
Wealth tax
none
Inheritance tax
none — inheritances and gifts between direct ascendants and descendants and between spouses are exempt from income tax (a Senate bill tabled 22 April 2026 would tax inheritances above ~MXN 14M at 10–18%; the President has publicly said it is not on her agenda)
Special regime
None for foreign residents. Mexican tax residents are taxed on worldwide income; residency arises at 183 days or on centre of vital interests. Note that immigration residency and tax residency are separate — holding a residente temporal card does not itself make you a Mexican tax resident.
Territorial
No — worldwide income taxed
CFC rules
Yes
Exit tax
No
CRS
Participating

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