Mexico is attractive for digital nomads! The low prices in the country and the sunny weather are the main reason for this. For less than 20 Mexican Pesos (about USD 1), you can buy an entire plate of tacos with veggies and red beans. Of course, if you go to luxurious places, you may need to pay more. However, the Mexican sun is free of charge everywhere and you can easily get it if you apply for a Temporary Resident Visa which is valid for one year and can be renewed for up to three years.
To get the visa mentioned above, the following two conditions must be met: (i) you work remotely for a company based outside Mexico and/or own a business that is location independent; and (ii) your monthly income is at least USD 1620 or you have a bank account deposit amounting to USD 27,000. To apply for the visa, you need to complete an application form and bring it, together with all required documents, to your nearest Mexican consulate.
Once you get the visa, you are free to work from any place in Mexico. Bear in mind that Cancun, the Riviera Nayarit, and Yucatan are the most popular places for digital nomads. Cancun is a city in the Caribbean Sea. It is located next to Cuba. The average sea temperature there ranges between 26 °C and 29 °C which will make your stay in the sea particularly pleasant. The Riviera Nayarit is a large coastline that is famous for its beautiful beaches, mountains, and abundant vegetation. Yucatan is one of the Mexico’s 31 states. If you go there, you can explore Chichen Itza (a Mayan archaeological site), snorkel with sea turtles, or engage in kayaking in Bacalar Lagoon (a narrow and long lake).
Don’t forget that Mexico or other ‘digital nomad’ countries are not necessarily fiscally attractive. As a digital nomad you will often also need to create a solid tax structure. And that’s where we come in, as that is what we are good at.
It really doesn’t need to be complicated or expensive. Get in touch with us today for more information