Mexico
Central America / Latin America
A huge, affordable Latin hub right on the US border: easy temporary residency by income, a thriving nomad scene and a 2-year citizenship clock for Latin Americans, with cartel-related safety caveats by region.
Pros
- Easy income-based temporary residency
- Low cost of living & great climate
- USMCA access & US time zones
Cons
- Regional security concerns
- Spanish needed day-to-day
- Bureaucracy can be slow
Best for
Score profile
Status & mobility
Passport
Rules change often and depend on your situation. Confirm any travel or visa decision with a qualified professional, or do your own research, before acting.
Passport-index style mobility for the Mexico passport. The score above is its world reach: the share of 198 destinations reachable without a prior visa.
- Visa-free104
- On arrival46
- eTA4
- Visa required44
Passport Index style mobility data (2024–2025 estimate). Placeholder figures; verify current entry rules with each destination’s authority before travelling.
Citizenship
Rules change often and depend on your situation. Confirm any citizenship decision with a qualified professional, or do your own research, before acting.
| Years required | 5 years of residency (2 for spouses of Mexicans & Latin Americans) |
|---|---|
| Dual allowed | true |
| Language | Spanish + Mexican history/culture exam |
| Residence | Legal residency with limited absences before naturalisation |
| Notes | Temporary residency is commonly obtained by proving sufficient income or savings (economic solvency). |
Residence
Rules change often and depend on your situation. Confirm any residence / visa decision with a qualified professional, or do your own research, before acting.
Our 0–100 score combines how international the population already is (migrant stock at 45%), governance quality (regulatory quality at 25%), and the curated residence-pathway signal (30%). Available indicators are reweighted; the published values are shown below.
| Student | Student residency; work allowed with authorisation. |
|---|---|
| Work | Employer-sponsored work permit tied to a job offer. |
| Self-employed | Register with SAT (RFC); freelancers commonly use temporary residency. |
| Permanent | Permanent residency after 4 years (or directly by income/retiree status). |
Money & business
Taxes
Rules change often and depend on your situation. Confirm any tax decision with a qualified professional, or do your own research, before acting.
| Personal | 1.92–35% progressive |
|---|---|
| Corporate | 30% |
| Capital gains | 10% on listed shares; otherwise up to 35% |
| Dividends | 10% withholding |
| Exit tax | None for individuals |
| Foreign cos | REFIPRES (CFC-style) rules on low-taxed foreign income |
Personal tax
Rules change often and depend on your situation. Confirm any tax decision with a qualified professional, or do your own research, before acting.
| Personal | 1.92–35% progressive |
|---|---|
| Freelance | RFC registration; RESICO simplified regime for small earners |
| Capital gains | 10% on listed shares; otherwise up to 35% |
| Dividends | 10% withholding |
| Exit tax | None for individuals |
Corporate tax
Rules change often and depend on your situation. Confirm any tax decision with a qualified professional, or do your own research, before acting.
| Corporate | 30% |
|---|---|
| Capital gains | 10% on listed shares; otherwise up to 35% |
| Dividends | 10% withholding |
| Foreign cos | REFIPRES (CFC-style) rules on low-taxed foreign income |
Business
Our 0–100 score leans on the two things founders ask about most: the tax burden (headline corporate rate at 20%, broader tax friendliness at 15%, and freedom from exit-tax / CFC rules at 10%) plus the regulatory and bureaucratic environment (regulatory quality 15%, government effectiveness 15%), on top of the curated company-rules signal (25%). Available indicators are reweighted; the values are shown below.
| Foreign co. | Yes: foreigners may own Mexican companies |
|---|---|
| Local co. | S.A. de C.V. or S. de R.L.; notary required |
| Freelance | RFC registration; RESICO simplified regime for small earners |
| Corporate tax | 30% |
| Capital gains | 10% on listed shares; otherwise up to 35% |
| Exit tax | None for individuals |
| Foreign cos | REFIPRES (CFC-style) rules on low-taxed foreign income |
Investment
Rules change often and depend on your situation. Confirm any investment / tax decision with a qualified professional, or do your own research, before acting.
Our 0–100 score is mostly the investor-tax signal (capital-gains treatment, broker access, wealth tax, and ETF or other taxes on investment, 70%), lightly contextualised by equity-market depth (market cap / GDP at 18%) and credit depth (domestic credit to the private sector / GDP at 12%). Available indicators are reweighted.
| Capital gains | 10% on listed shares; foreign brokers widely used |
|---|---|
| Dividends | Data not available yet |
| ETFs & funds | Data not available yet |
| Wealth tax | None |
| Brokers | Growing: GBM, local banks, Interactive Brokers |
| Foreign access | Data not available yet |
| Tax-advantaged | Data not available yet |
Economy
Our 0–100 score combines income level (GDP and GNI per capita, output per worker), growth momentum (real GDP growth), price stability (inflation) and labour utilisation (unemployment). Available indicators are reweighted; the sector split and industry profile below are descriptive, not scored.
| Type | Upper-middle-income, manufacturing- and export-led |
|---|---|
| Key sectors | Auto & aerospace manufacturing (nearshoring), Electronics assembly, Tourism |
| Summary | A major manufacturing exporter to the US, increasingly favoured for nearshoring across autos and electronics. |
| Currency | Mexican peso |
Wealth building
Rules change often and depend on your situation. Confirm any tax / investment decision with a qualified professional, or do your own research, before acting.
How favourable Mexico is for building wealth: earnings and business/investment upside, tax drag, and how much a typical income keeps after living costs. Estimated from the factors below.
Living, study & work
Education
Our 0–100 score combines attainment (expected schooling at 30% and mean schooling at 25%) with participation (tertiary enrolment at 25%) and public investment (government education spending at 20%). Available indicators are reweighted; tuition and study rules remain separate profile fields below.
| Tuition | $3,000–10,000 / yr (private); low public |
|---|---|
| Public uni | UNAM and public universities very low for residents |
| Languages | Spanish, English (some programs) |
| Student work | Work permitted with appropriate authorisation |
Salary & work
Our 0–100 score combines output per worker (a proxy for wage potential at 40%), unemployment (35%) and labour-force participation (25%). Available indicators are reweighted; the curated profile fields remain below.
| Freelance | Strong nearshoring market for US clients |
|---|---|
| Job market | Mexico City, Guadalajara ('Mexican Silicon Valley'), Monterrey hubs. |
Cost of living
Our 0–100 affordability score is derived from the local consumer price level (World Bank, US = 100): the cheaper everyday prices are, the higher it scores. Lower price level means your money goes further here.
| Rent | $500–1,000 (1BR major city) |
|---|---|
| Monthly | $1,100 |
| Cities | Mexico City, Guadalajara, Monterrey, Playa del Carmen |
Buying power
Our 0–100 score estimates how far money goes for the typical person here. It combines GNI per capita at PPP (30%) and actual household consumption per person at PPP (15%) with a price-advantage term from the local price level (25%) that rewards lower prices, then adjusts for income equality via the Gini index (20%), so unequal economies don't ride a high average, plus price stability via consumer inflation (10%). Available indicators are reweighted; it is a comparison, not a personal budget estimate.
Quality of life
Safety
Our 0–100 score combines personal safety (intentional homicide rate at 35%), institutional quality (rule of law at 25% and control of corruption at 20%), and political stability and absence of violence (20%). Available indicators are reweighted; the published values are shown below. Always check current government travel and security advice before relocating.
Healthcare
Our 0–100 score combines health outcomes (life expectancy at 25% and under-5 mortality at 20%) with system capacity (physicians at 20% and hospital beds at 15% per 1,000 people) and health spending per capita (20%). Available indicators are reweighted; the published values are shown below.
| System | Public (IMSS) + affordable private |
|---|---|
| Insurance | Public for contributors; private insurance cheap and common |
| Avg cost | Private cover from ~$1,000–2,500 / yr |
Infrastructure
The score combines digital access, resilience and download performance (30%), electricity access and network losses (30%), and transport infrastructure covering rail, logistics and aviation (40%). Available inputs are reweighted, but a country needs both digital and transport data to receive a score.
Sources: World Bank World Development Indicators · Internet Society Pulse Internet Resilience Index
HDI
The UN Human Development Index is the geometric mean of three dimension indices (a long and healthy life, knowledge, and a decent standard of living), shown on a 0–100 map scale (HDI × 100). The 2023 UNDP inputs behind each dimension are listed below.
Resources
Official references and quick links for Mexico. Always confirm against the primary source before acting.
Rules change often and depend on your situation. Confirm any immigration, tax or legal decision with a qualified professional, or do your own research, before acting.
Mock data for demonstration only. Not legal or tax advice.