Expatriation Italy - tax comparison
🇮🇹

Italy

VS
Expatriation Mexico - tax comparison
🇲🇽

Mexico

Italy vs Mexico

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
43%
🇮🇹 Italy
vs
35%
🇲🇽 Mexico
Monthly cost (single)
1 200 €
🇮🇹 Italy
vs
700 €
🇲🇽 Mexico
Safety
5/10
🇮🇹 Italy
vs
5/10
🇲🇽 Mexico

Taxation

🇮🇹Italy
🇲🇽Mexico
Top income tax bracket43%35%
Corporate tax24%30%
Capital gains26%10%
VAT22%16%
Tax treaty with FranceYesYes
Special regimeRégime Impatriati (70 % d'exonération)None
Wealth taxNoNo
Territorial taxationNoNo
🇮🇹

Régime Impatriati (70 % d'exonération)

Duration: 5 ans (prolongeable de 5 ans sous conditions)

Les travailleurs qui transferent leur résidence fiscale en Italie peuvent bénéficier d'une exonération de 70 % de leur revenu imposable (50 % depuis 2024 pour les nouveaux bénéficiaires). Seuls 30 à 50 % des revenus sont effectivement imposés, ce qui réduit considérablement la charge fiscale.

Cost of living

🇮🇹Italy
🇲🇽Mexico
Monthly cost (single)1 200 €700 €
Monthly cost (couple)1 900 €1 100 €
City center rent900 €550 €
Outside city rent550 €350 €
Private health insurance0 €60 €
Public healthcareAccessibleAccessible

Estimated total monthly budget (single, with city center rent)

🇮🇹 Italy2 100 €/mo
🇲🇽 Mexico1 250 €/mo

Mexico is approximately 850 € cheaper per month in total.

Quality of life

🇮🇹Italy
🇲🇽Mexico
Average temperature15°C22°C
Safety5/105/10
Health index65/10072/100
Internet80 Mbps50 Mbps
Timezone vs Paris+0h-7h
French-speaking communitySmallVery small
LanguagesItalienEspagnol
CurrencyEuro (EUR)Peso mexicain (MXN)
Corruption index56/10031/100
Democracy index7.69/105.63/10

Settling in

🇮🇹Italy
🇲🇽Mexico
Residence permit delay6 months3 months
Company creation11 days8 days
Bank accountModerateModerate
Political stability7/104/10
Ease of business58th worldwide60th worldwide

Summary

🇮🇹

Italy

  • Top IT: 43% | Corp. tax: 24%
  • Cost of living: 1 200 €/mo
  • Safety: 5/10 | Health: 65/100
  • Regime: Régime Impatriati (70 % d'exonération) (5 ans (prolongeable de 5 ans sous conditions))
View full profile Italy
🇲🇽

Mexico

  • Top IT: 35% | Corp. tax: 30%
  • Cost of living: 700 €/mo
  • Safety: 5/10 | Health: 72/100
View full profile Mexico

Comparative analysis: Italy vs Mexico

Which country has lower taxes?

Both countries are fairly close on taxation. Income tax reaches 43% in Italy and 35% in Mexico. Corporate tax is 24% and 30% respectively. Capital gains are taxed at 10% in Mexico versus 26% in Italy.

Which country is cheaper to live in?

The cost of living is lower in Mexique. A single person spends about 700 EUR/month excluding rent, compared to 1 200 EUR/month in Italie. City center rent averages 550 EUR versus 900 EUR.

Which country is safer?

Both countries have an identical safety score of 5/10.

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Disclaimer

The tax information presented is based on estimates from public sources (PwC, OECD, government sources). It does not constitute tax or legal advice. Tax rules change regularly and your personal situation may significantly affect the calculation. Consult a qualified professional before making any relocation decision.