With inflation continuing to run close to 5%, getting a handle on the cost of living in Mexico in 2024 can be challenging. It’s especially true when articles attempt to present a single view of the cost of living for the entire country, with no mention of where or how
If you’ve ever thought to yourself, wow expats in Mexico sure are fixated on the direction of the dollar-peso exchange rate — you’re mostly right. And even if you couldn’t care less about currency markets, as an expat you’re probably affected by the direction of the Mexican peso. This is
Even with the newly opened stretch of highway between Guadalajara and Puerto Vallarta reducing travel times to the coast, it still isn’t all that close when you’re hit with a mid-week craving for fresh fish tacos. If you can’t spare the time for a genuine beach getaway, I’ve got the
No one likes to think about getting in a car accident. And while the majority of expats driving in Mexico do so without incident, there are plenty of horror stories from those who weren’t so lucky. If you do drive in Mexico, it’s essential to understand how things differ here
A popular question in expat forums lately has been how to send Mexican pesos from a Mexican bank account to a bank account in the U.S. I feel compelled to write about this topic after seeing so much erroneous information being shared. Even ChatGPT got this one wrong! Why
This post will explain what a factura is, why expats might need one, and how to request a factura when buying goods or services in Mexico. I distinctly remember the first time I was asked by a service provider in Mexico if I needed one. I’d finished a doctor’s appointment
DISCLAIMER: This article is for informational purposes only. It is not intended to substitute for professional tax advice tailored to your situation. Whether you’re an American citizen already living in Mexico — or merely dreaming of a new life abroad — paying taxes can be complicated and confusing for expats.
With Mexico in the height of its dry season, water shortages and crises have erupted in multiple cities this month. While Mexico City’s situation has received international headlines (as well as plenty of Mexican media coverage), developments in Oaxaca and Guadalajara also warrant a closer look. As expats, we are
Because of rising costs and the loss of purchasing power in Mexico over the past year, most of us know someone looking to earn a bit more passive income to lessen the impact. In 2023 Mexico’s inflation rate averaged 5.5%, falling slightly below this level in recent months. Besides peso-based
For expat residents as well as Mexican citizens, the cost of living has been rising rapidly enough that some of you may be looking for new ways to earn passive income and stay one step ahead of inflation. Short of finding a remote position with a foreign company, what can
