Factor scores

How Mexico performs

Tax

75.4

Very strong

On the high side. Taxes here are heavier than in most countries we cover (78th of 123). Worth taking tax advice before you move. Personal income tax 1.92 - 35%, corporate tax 30%*, VAT 16%.

Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)

Safety

47.0

Limited

Serious concerns. Mexico is one of the least peaceful countries in the index, 107th of 117. Check current travel advice before planning a move.

Source: Institute for Economics and Peace, Global Peace Index

Cost of Living

77.7

Very strong

Average cost. Everyday costs are mid-table: Mexico is 65th of 118.

Source: Numbeo Cost of Living Index

Education

41.3

Weak

Average education. Education is mid-table: Mexico is 55th of 120.

Source: UNDP & MBRF, Global Knowledge Index

Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.

Tax and citizenship

The detail behind the scores

Taxation

Corporate income tax	30%* *30% income tax credit for agriculture, livestock, fishing and forestry activities under eligible requirements
Personal income tax	1.92 - 35% Applicable tax rate varies based on amount of income earned and residency status
Standard VAT	16%

Rates change without notice. Confirm with the relevant tax authority before acting.

Naturalization Requirements and Immigration Pathway

Residence for naturalization: 5 years
2 years for applicant from Latin America, Spain or Portugal
Language requirement: Yes
Proficiency in Spanish language
Investment Immigration Pathway: Mexico Investor Visa
Official language: Spanish
Dual citizenship: Allows dual citizenship

Compare

Elsewhere in Americas

#44 baseline

Peru

Baseline score 66.1

#45 baseline

Canada

Baseline score 65.9

#48 baseline

Chile

Baseline score 65.8

#58 baseline

Guatemala

Baseline score 65.0