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Mexico Facts & Figures

This quick-reference overview covers the key numbers and practical details for Mexico—tax ranges, property purchase considerations, and rules that may affect foreign buyers and expats. It’s a useful snapshot for anyone comparing Mexico to other relocation options.

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Facts About Mexico

Key Takeaways: Mexico Facts And Figures in 2026

Mexico has the 10th largest population globally.
Income tax rates are progressive up to 35%.
Temporary Resident Visas are for stays up to four years.

Mexico, formally known as Estados Unidos Mexicanos (United Mexican States), is a country with rich traditions and a strong culture.

Most importantly, Mexico has the 10th largest population in the world and is the 13th largest country in terms of total land area.

Another interesting facts about Mexico: It’s the country which introduced the world to chocolate. Plus, Spanish is the national language of Mexico. However, over 50 different indigenous languages are spoken.

Reviewed By Kathleen Peddicord

Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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Information Type	Mexico Data
Population	130,861,007 people (Sept. 2024)
Currency	Mexican Peso (MXN)
Exchange Rate Versus U.S. Dollar	19.82 pesos per U.S. dollar (Sept. 2024)
Languages	Spanish, Indigenous languages
Capital	Mexico City
Population of Capital City	22.51 million (metropolitan area, Sept. 2024)
Time Zone	GMT – 6
Seasons	Coasts: hot and humid. Inland: dry and warm year-round.
International Dialing Code	52
Electricity	127V / 60 Hz. Plug Type: A, B (US style)
System of Government	Federal Republic
Current Leader	President Andres Manuel Lopez Obrador (since 2018)
Income Tax Rate for Residents	Progressive up to 35%
Property Tax	1% to 5%
Capital Gains Tax	0 to 10%
Inheritance Tax	0%
Rental Income Tax	Taxed as regular income
Transfer Tax	2% to 5%
Sales Tax	0 to 16%
Restrictions on Foreign Ownership of Property	For property 50 km from ocean or 100 km international border, foreigners must own through a bank trust.
Local Chamber of Commerce	www.ccmexico.com.mx Paseo de la Reforma 4206048 MEXICO, D.F.Tel: 52-5-3685-2269
American Chamber of Commerce	www.amcham.org.mx Mexico City Blas Pascal 205, 3.er pisoCol. Los Morales 11510 Mexico City Tel: 52-55-5141-3800
Primary Exports	Manufactured goods, oil and oil products, silver, fruits, cotton, vegetables, coffee.
Residency and Visa Requirements	Tourist Visa: If you’re visiting Mexico as a tourist you don’t need a visa, but you do need a tourist card, which you can get on arrival by completing an immigration form available at border crossings or on-board flights to Mexico. Tourists and business visitors can stay in Mexico for up to 180 days. Residency: Mexico operates what is known as a Temporary Resident Visa, intended for people who wish to live in Mexico for more than six months and not longer than four years. The Temporary Resident Visa is a renewable long term (more than six months) permit which gives non-immigrant temporary residency status to the holder. Citizenship: After residency of a continual five years with an immigrant visa.
Special Benefits for Foreign Residents or Retirees	Valid foreign residents are eligible for Mexican senior citizen benefits that amount to discounts of up to 50% on a variety of goods and services, from health care to movie tickets to hotel rooms.
National Airline	Aeromexico – www.aeromexico.com/

Reviewed By Kathleen Peddicord

Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

Start Your New Overseas Life Today

We Value Your Privacy! We will not share your email address with anyone else, period.

Mexico Facts & Figures- FAQs

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Where Is Portugal?

Portugal is on the Iberian Peninsula, in the southwest corner of Europe. Portugal shares that peninsula Spain, its larger neighbor.

What Is Portugal Known For?

Portugal is known for Fado music and also for being the largest cork producer in the world.

When Are The Best Months To Travel To Portugal?

Portugal’s high season is during July and August, especially to coastal areas. Expect to pay at least a 30% premium on accommodation and encounter warm weather across the country.

Is Portugal A Good Place For Retirement

Yes, Portugal is a sought after retirement destination. In fact, it’s one the world’s top retirement havens.