DISCLAIMER: This article is for informational purposes only. It is not intended to substitute for professional tax advice tailored to your situation. While most expats
My second post in this series about difficulties at BBVA involves two LiveWellMexico readers (part-time expats living in Quintana Roo) who are longtime bank customers.
As the largest bank in Mexico based on market share and assets, Spanish-owned BBVA (known as Bancomer before the acquisition) attracts many expat customers. Despite
Despite the increasing prevalence of electronic payment options, cash is still king in Mexico, accounting for more than 90% of all transactions according to the
I’m super thrilled to share that foreign residents (and Mexican citizens) can now apply for an RFC number online and save themselves a trip to
It’s no secret that a heap of Americans are looking to expatriate in 2025. One of the key considerations for any hopeful Mexpat (besides meeting
Everyone who owns real estate in Mexico (house, condo, or a piece of land) owes property taxes to their state government, aka the “impuesto predial.” These
Following a busy weekend in which the U.S. slapped 25% tariffs on Colombia for refusing to accept military planes packed with deported immigrants (and then
If you read my post last November explaining how the Mexican government sets the financial requirements for foreigners seeking residency visas, you know it’s based
Back in February, I tried to open a BBVA debit account called Libretón Premium, which offers unrestricted deposits and minimal charges if a minimum balance of
