When the word “taxes†comes up in a conversation or appears in a related article, it attracts plenty of controversies. Most anyone who earns an income will voice their concerns regarding paying income taxes. The average American pays 14% annually in gross taxes and it includes the following: Federal and State … [Read more...] about Taxes in Mexico for Expats
taxes in mexico
International Taxes Between the United States and Mexico
Having the opportunity to relocate to a foreign country can create a greater financial positioning for you and your family. It lends to experiencing a different culture, simpler living habits and, in most cases, lowering your cost of living. But like anywhere else in the world, paying taxes is not something you can … [Read more...] about International Taxes Between the United States and Mexico
Taxes for Expats in Mexico
Things can get tricky if you are new to Mexico and plan on living and working here. As foreigners, you need to know what rules to follow, especially when it comes to taxes. Expats living and investing in Mexico will be responsible for paying tax for any property they own. Also, if you earn an income from renting your … [Read more...] about Taxes for Expats in Mexico