DeborahM Posted August 22, 2018 Report Share Posted August 22, 2018 A question from a friend considering relocating here from South Africa, if folks work online for businesses outside Mexico, are they required to pay taxes IN Mexico? And pensions from outside Mexico...social security etc...no taxation on those if she lives in Mexico, correct? Yes, she will seek legal advice here as well, just thought I'd post this for her first. Thanks. Link to comment Share on other sites More sharing options...
Ferret Posted August 22, 2018 Report Share Posted August 22, 2018 Correct on both counts. Mexico taxes you on money "earned and paid" in Mexico. If it's earned and paid in another country, then it's taxed in that country. Link to comment Share on other sites More sharing options...
DeborahM Posted August 22, 2018 Author Report Share Posted August 22, 2018 She's worried because she found THIS on the Price Waterhouse website '' From Price Waterhouse website: " Mexico Map Resident individuals are subject to Mexican income tax on their worldwide income, regardless of their nationality. Non-residents, including Mexican citizens who can prove residence for tax purposes in a foreign country, are taxed only on their Mexican-source income." Link to comment Share on other sites More sharing options...
Ferret Posted August 22, 2018 Report Share Posted August 22, 2018 Even Price Waterhouse can be wrong. I would suggest that she NOT get her information from the internet and do a face to face with somebody knowledgeable and up to date on her query. edited to add: it's about tax treaties between some countries and double taxation. Link to comment Share on other sites More sharing options...
DeborahM Posted August 22, 2018 Author Report Share Posted August 22, 2018 Yes of COURSE she plans to consult with professionals here in Mexico. I am simply asking for input from so many of the knowledgeable folks here. Link to comment Share on other sites More sharing options...
tomgates Posted August 22, 2018 Report Share Posted August 22, 2018 All of my investment income, pension and SS are deposited in US accounts in the US. Taxed in the US, not Mexico. Link to comment Share on other sites More sharing options...
jrod Posted August 23, 2018 Report Share Posted August 23, 2018 The USA and Eritrea are the only two countries that tax worldwide income by citizenship. Link to comment Share on other sites More sharing options...
Zeb Posted August 23, 2018 Report Share Posted August 23, 2018 8 hours ago, jrod said: The USA and Eritrea are the only two countries that tax worldwide income by citizenship. That is correct and unfortunate. What we have is taxation without representation because no one represents the specific interests of the expat community who are situated in many different countries. Link to comment Share on other sites More sharing options...
tomgates Posted August 23, 2018 Report Share Posted August 23, 2018 If a US citizen overstays their 6 month residency limit in France, then they will have to pay French income taxes on ALL their US income. Link to comment Share on other sites More sharing options...
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