Mexico
Mexico is increasingly attracting expatriates and digital nomads with its very low cost of living, vibrant culture, and easy temporary visa process. Mexico City has become a global remote-work hub, while coastal areas offer affordable beachside living. Mexican taxation is not the most favourable, but the cost of living more than compensates for foreign-source incomes. Large English-speaking expat communities in Roma, Condesa, and Playa del Carmen.
Taxation
Income tax brackets
| Bracket | Rate |
|---|---|
| 0 € → 10 135 € | 1.92 % |
| 10 135 € → 86 022 € | 6.4 % |
| 86 022 € → 151 176 € | 10.88 % |
| 151 176 € → 175 736 € | 16 % |
| 175 736 € → 210 404 € | 17.92 % |
| 210 404 € → 424 354 € | 21.36 % |
| 424 354 € → 668 840 € | 23.52 % |
| 668 840 € → 1 276 926 € | 30 % |
| 1 276 926 € → 1 702 568 € | 32 % |
| 1 702 568 € → 5 107 704 € | 34 % |
| 5 107 704 € → unlimited | 35 % |
Corporate tax
30 %
Capital gains
10 %
VAT
0 %
Visa options
Visa de Residente Temporal
digital-nomadDuration: 1 an renouvelable jusqu'à 4 ans
Cost: Environ 50 USD (~46 EUR)
Requirements: Revenu mensuel minimum d'environ 2 500 USD (~2 300 EUR) sur les 6 derniers mois, ou épargne de 42 000 USD (~39 000 EUR). Pas de visa digital nomad spécifique, le temporal suffit.
Residente Temporal (retraité)
retireeDuration: 1 an renouvelable jusqu'à 4 ans, permanent apres 4 ans
Cost: Environ 50 USD (~46 EUR)
Requirements: Pension mensuelle d'environ 2 500 USD (~2 300 EUR) ou épargne de 42 000 USD (~39 000 EUR).
Visa d'investisseur
investorDuration: 1 an renouvelable
Cost: Environ 50 USD (~46 EUR)
Requirements: Investissement dans une entreprise mexicaine d'au moins 200 000 jours de salaire minimum (environ 700 000 USD). Ou création d'emplois qualifiés.
Living in Mexique
Popular locations among expatriates
Cost of living
Comparison with the French average (vertical line)
Single person
Couple
City center rent
Outside city center rent
Mexico offers a very attractive cost of living for British expats. A single person can live very comfortably in Mexico City or Playa del Carmen on £600/month excluding rent. Rents are very affordable, especially outside tourist neighbourhoods. Local food is excellent and cheap.
Settling in Mexique
Practical indicators to prepare your relocation
Safety & stability
Procedures
Start a business
The Mexican Residente Temporal visa is relatively accessible ($2,500/month income requirement). Mexico City has become a global remote-work hub with an active entrepreneurial scene in Roma, Condesa, and Polanco. Spanish is essential for daily life outside expat circles, though English is widely used in tourist and business hubs. Safety varies by neighbourhood and region, so location choice matters.
The Mexican private health system is of good quality and far cheaper than Europe or the US. Private hospitals in Mexico City (ABC, Médica Sur) are world-class. The public system (IMSS) is accessible to residents but waiting times are long. Private health insurance costs £50-100/month and grants access to high-quality care.
Quality of life
Mexico offers a rich culture, exceptional gastronomy, and varied landscapes. Mexico City is a cosmopolitan metropolis with a dynamic cultural scene. Coastal areas (Riviera Maya, Puerto Vallarta) offer paradise beach living. The main drawback is variable safety by region and the significant time difference with the UK.
Pros and cons
Advantages
- Very low cost of living with high quality of life
- Accessible Residente Temporal visa ($2,500/month income)
- Exceptional gastronomy and culture
- Global remote-work hub (Mexico City)
Disadvantages
- Unfavourable taxation (up to 35% PIT, 30% CIT)
- Variable safety by region
- Significant time difference with the UK (-6h to -8h)
- English usage limited outside expat hubs
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Verified on January 15, 2025All data on this page comes from public and institutional sources.
FAQ
What is the tax rate in Mexico?
The top marginal income tax rate in Mexico is 35%. The corporate tax rate is 30%.
What is the cost of living in Mexico?
The monthly cost of living for a single person in Mexico is approximately 700 EUR (excluding rent). City center rent costs around 550 EUR per month.
Is there a tax treaty between the United Kingdom and Mexico?
Check HMRC for the current status of the tax treaty between the United Kingdom and Mexico.
These results are estimates.
The data presented are estimates and do not constitute tax advice. Consult a professional for your personal situation.