Taxation on income

Discussion in 'Living in Cancun' started by sciack, Sep 9, 2012.

  1. sciack

    sciack Enthusiast Registered Member

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    Hello,

    I am not sure if there is any sort of taxation for income from outside of Mexico businesses? I mean as rentista visa should I pay any tax to the Mexican government? Thank you.
     
  2. V

    V I can choose my own title Registered Member

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    As a No Inmigrante, Visitante Rentista, you would pay no income tax in Mexico on monies transferred into Mexican banks, and from which you make withdrawals for living expenses.

    A more common scenario is that people maintain bank accounts abroad, and make cash withdrawals from those accounts, using their ATM cards.

    We have experience with both.
     
  3. sciack

    sciack Enthusiast Registered Member

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    Thank you, perfectly clear!
     
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