From Planipedia

Thanks to the Financial Planning Association for sharing their material to create this page.

Contents 1 Country Information - Mexico 2 Immigration issues 3 Cash Management 4 Tax Planning 5 Investment Planning Asset Allocation viewed globally 5.1 Risk management 5.2 Retirement Planning 5.3 Estate Planning and Succession Taxes 5.4 Local Regulation 5.5 Referrals to Local Financial Planners

Country Information - Mexico

In an effort to provide information on financial planning issues in Mexico, FPA volunteers have gathered the following links together to point you towards a variety of different resources.

Each link has a descriptive tag explaining what type of site the link goes to. The tags are:

• GOV for government or regulatory sites • ORG for non-profit or association sites • EDU for academic or educational sites • COM for commercial sites, such as product providers

Virtually all of the links lead off of FPA's Web site.

Quality of life – local flavor and customs

• http://solutionsabroad.com/ (com)
• http://www.internationalliving.com/internal_components/further_resources/quality_of_life08 (com)

Health

• http://www.mexconnect.com/mex_/healmed.html (com)
• http://www.salud.gob.mx/index.html (Spanish gov)

Ex-pats opinions on quality of life

• http://www.mexconnect.com/ (com)
• http://www.mexonline.com/ (com)

Education

• http://www.sep.gob.mx/wb2 (Spanish gov)

Housing

• http://www.expatriates.com/classifieds/mexico/hs/ (com)
• http://www.jchs.harvard.edu/publications/international/SOM_97.pdf (edu)

Immigration issues

Legal Residency

• http://www.geocities.com/bfcampbell/mexican.html (com)

Visas and immigration requirements

• http://www.mexconnect.com/mex_/immigration.html (com)
• http://www.sre.gob.mx/english/default.htm (gov)

Exchange Control

• None in Effect

Cash Management

Bank accounts

• http://www.mexonline.com/banks.htm (com)

Currency conversion and reform

• http://www.cato.org/pubs/journal/cj20n1/cj20n1-8.pdf
• http://www.banamex.com/ (com)

Cost of living analysis

• http://www.cityguide.travel-guides.com/cities/mec/CostofLiving.asp (com)

Housing issues

• http://www.mexonline.com/propmex.htm (com)
• http://www.ampimexico.com/ipix/ampi.mv?Screen=SFNT&Store_Code=ampi (Spanish org)
• http://www.settlement-co.com/ (com)

Tax Planning

Determining liability for income and gains taxes

• http://www.mexconnect.com/business/mex2000taxesinmexico.html (com)
• http://www.solutionsabroad.com/d_taxesmexico.asp (com)
• http://www.sat.gob.mx/ (Spanish gov)

Determining liability for estate taxes

• No Estate Taxes in Mexico

Exit taxes and final tax return

• Not Applicable

Foreign Tax Credit arrangements

• http://www.kpmg.com.mx/ (Spanish com)

Local taxation of non-local pensions and investments

• http://www.kpmg.com.mx/ (Spanish com)

Investment Planning Asset Allocation viewed globally

• http://www.amaii.com.mx/amaii (Spanish org)

Risk management

• http://www.cnsf.gob.mx/index2.sqljsp (Spanish gov)

Local litigation risks

• http://www.drivemex.com/Liability_Exposure_in_Mexico.htm (com)
• http://www.drivemex.com/Your_Legal_Rights.htm (com)

Health Insurance

• http://www.mexconnect.com/mex_/healmed.html (com)

Retirement Planning

• http://www.imss.gob.mx/imss (Spanish gov)

Local pension design and tax structure on encashment

• http://www.pensionreform.org/articles/mexico.html (org)
• http://www.kpmg.com.mx/ (Spanish com)

Social Security agreements between countries

• http://www.ssa.gov/pressoffice/factsheets/USandMexico.htm (gov)

Transferability of Pensions

• Not possible in Mexico

Estate Planning and Succession Taxes

Marital exemptions

• No gift tax in Mexico

Local taxation of non-local trusts

• http://www.kpmg.com.mx/ (Spanish com)

Creating an international trust

• http://www.kpmg.com.mx/ (Spanish com)

Local Regulation

• http://www.cnsf.gob.mx/ (Spanish gov)
• http://www.cnbv.gob.mx/ (Spanish gov)

Referrals to Local Financial Planners

• The CFP Mark is not granted in Mexico.
• http://www.amaii.com.mx/amaii (org)