Mexico (de_facto_dnv)

• Monthly minimum (USD): $4K
• Monthly minimum (native): 4,400 USD
• Savings alternative: $74K

Last 6-12 months bank statements showing USD 4,400/mo NET (~MXN 75K) OR 12-month balance averaging USD 74K

Economic Solvency route: USD 4,400+/mo income for 6+ months OR USD 74K average balance for 12 months. Thresholds rise annually with Mexican minimum wage.

• Becomes tax resident: After establishing 'casa habitación' (habitual home) AND no equivalent abroad — center of vital interests test
• Flat-rate regime: 2%
• Special regime: RESICO (Régimen Simplificado de Confianza) — 1-2.5% turnover tax for individuals up to MXN 3.5M (~USD 205K)/yr
• Foreign income: If tax-resident: worldwide income at progressive PIT 1.92%–35%. RESICO scheme applies to professional services up to MXN 3.5M. Foreign tax credits available.

Mexico's RESICO is one of LatAm's most attractive small-business tax schemes. Combined with Temporary Resident permit (not auto-tax-resident), nomads can structure favorably. US-Mexico DTA prevents double taxation.

• Must work for foreign employer: No
• Local clients allowed: No
• Local employment allowed: No
• Self-employed accepted: Yes
• Salaried vs freelance: both

• Spouse: Yes
• Children under 18: Yes
• Dependent adult children: No
• Parents dependent: No

Spouse and children included on derivative residency permits — no additional income required for derivatives.