Americas · MXN
Mexico
Reviewed 2026-06-21
Top income tax
35%
Self-employed SS
Optional
VAT
16%
Capital gains
35%
Exit tax
No
Nomad visa
Yes
58
/ 100
Tax efficiency35
Ease to enter79
Ease to exit81
Cost of living82
Internet19
English25
Mexico taxes residents on worldwide income under a progressive scale that runs up to 35%, alongside a 16% VAT and a 30% corporate rate. There is no wealth, inheritance, or exit tax, and gains on listed shares sold through the stock exchange are capped at a favorable 10%, though most other capital gains fall under ordinary rates. Self employed people are not forced into the IMSS social security system and can join voluntarily, which keeps fixed costs low for a solopreneur living on foreign income via the temporary resident visa.
Personal income tax
Income tax structureProgressive
Top income tax rate35%
Entry income tax rate1.92%
Top rate threshold$276,000
Taxation basisWorldwide
Local/state income taxYes
Social security
Self-employed social securityOptional
Indirect & other taxes
VAT standard rate16%
Capital gains rate35%
Long-hold CGT exemptionNo
Wealth taxNo
Inheritance/gift taxNo
Property taxNo
Exit & residency
Exit taxNo
EU/EEA deferralNo
Days to trigger residency183 days
Corporate
Corporate income tax rate30%
WHT on dividends10%
CFC rulesYes
Incentives & special regimes
Special expat regimeNo
Immigration & setup
Digital nomad visaYes
DNV monthly income requirement$4,510
Entrepreneur visaYes
Ease of setup3 / 5
Lifestyle
Cost of living index43
Internet speed90 Mbps
English proficiencyLow
Civil liberties53
Sources
- PwC Worldwide Tax Summaries — Mexico Individual: Taxes on personal income
- Tax Foundation — Mexico Tax Rates and Rankings (PIT, CIT, VAT, capital gains)
- PwC Worldwide Tax Summaries — Mexico Individual: Other taxes (social security, VAT, wealth/inheritance)
- PwC Worldwide Tax Summaries — Mexico Individual: Income determination (capital gains)
- Consulado General de México en San Diego (SRE) — Temporary Resident Visa: Economic Solvency 2026
Informational only. Nothing here is tax, legal, or financial advice. Tax rules change often and vary by personal circumstance. Verify every figure against an official source and a qualified adviser before acting. Figures are re-expressed from public sources and cited per country.