Expatriation Mexico - tax comparison
πŸ‡²πŸ‡½

Mexico

VS
Expatriation United Kingdom - tax comparison
πŸ‡¬πŸ‡§

United Kingdom

Mexico vs United Kingdom

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
35%
πŸ‡²πŸ‡½ Mexico
vs
45%
πŸ‡¬πŸ‡§ United Kingdom
Monthly cost (single)
700 €
πŸ‡²πŸ‡½ Mexico
vs
1β€―800 €
πŸ‡¬πŸ‡§ United Kingdom
Safety
5/10
πŸ‡²πŸ‡½ Mexico
vs
5/10
πŸ‡¬πŸ‡§ United Kingdom

Taxation

πŸ‡²πŸ‡½Mexico
πŸ‡¬πŸ‡§United Kingdom
Top income tax bracket35%45%
Corporate tax30%25%
Capital gains10%24%
VAT16%20%
Tax treaty with FranceYesYes
Special regimeNoneNone
Wealth taxNoNo
Territorial taxationNoNo

Cost of living

πŸ‡²πŸ‡½Mexico
πŸ‡¬πŸ‡§United Kingdom
Monthly cost (single)700 €1β€―800 €
Monthly cost (couple)1β€―100 €2β€―900 €
City center rent550 €1β€―600 €
Outside city rent350 €1β€―000 €
Private health insurance60 €0 €
Public healthcareAccessibleAccessible

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

πŸ‡²πŸ‡½ Mexico1β€―250 €/mo
πŸ‡¬πŸ‡§ United Kingdom3β€―400 €/mo

Mexico is approximately 2β€―150 € cheaper per month in total.

Quality of life

πŸ‡²πŸ‡½Mexico
πŸ‡¬πŸ‡§United Kingdom
Average temperature22Β°C11Β°C
Safety5/105/10
Health index72/10073/100
Internet50 Mbps100 Mbps
Timezone vs Paris-7h-3h
French-speaking communityVery smallLarge
LanguagesEspagnolAnglais
CurrencyPeso mexicain (MXN)Livre sterling (GBP)
Corruption index31/10071/100
Democracy index5.63/108.54/10

Settling in

πŸ‡²πŸ‡½Mexico
πŸ‡¬πŸ‡§United Kingdom
Residence permit delay3 months6 months
Company creation8 days5 days
Bank accountModerateModerate
Political stability4/108/10
Ease of business60th worldwide8th worldwide

Summary

πŸ‡²πŸ‡½

Mexico

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

United Kingdom

  • Top IT: 45% | Corp. tax: 25%
  • Cost of living: 1β€―800 €/mo
  • Safety: 5/10 | Health: 73/100
View full profile United Kingdom β†’

Comparative analysis: Mexico vs United Kingdom

Which country has lower taxes?

Both countries are fairly close on taxation. Income tax reaches 35% in Mexico and 45% in United Kingdom. Corporate tax is 30% and 25% respectively. Capital gains are taxed at 10% in Mexico versus 24% in United Kingdom.

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 1β€―800 EUR/month in Royaume-Uni. City center rent averages 550 EUR versus 1β€―600 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.