Expat Finance Services in Mexico

The currency used in Mexico since independence from Spain in 1821 has been the Mexican peso. There are no legal limits to the number of pesos that can be imported into or exported from Mexico. Currency can be converted at many places in Mexico, including banks and hotels, but US dollars are also acceptable almost anywhere. Most Debit cards and credit cards will also work in larger stores in Mexico. ATM machines can be found in more populated areas of Mexico where pesos can be withdrawn with most global debit cards, but most will charge a 1 percent transaction fee.

 

There is a danger of robbery at the point of withdrawal in some areas of Mexico. Anyone can open a bank account in Mexico with ID and proof of address. Americans, Canadians and business accounts can also get US Dollar bank accounts in Mexico. However, opening a business account also requires power of attorney and articles of incorporation.

 

All major Mexican banks these days also offer online banking by means of the internet. Having a Mexican bank account enables one to get a Mexican peso credit card, which is convenient to use for purchases made in Mexico, but which may entail additional exchange charges if used in a foreign country.


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Currency Exchange in Mexico

Need to transfer money or make a significant purchase abroad? Compare foreign exchange specialists and get the best exchange rate on the market.

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Current Account in Mexico

Current accounts specifically created to address your needs as an expatriate. Multi currency, bill payments… find the solutions to your everyday banking needs.

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Offshore Savings in Mexico

Compare offshore savings accounts and find the right solution that meets your saving requirements while living abroad.

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Expat Mortgages in Mexico

Free and no obligation quotes to help you find the best overseas mortgage. Compare overseas mortgage advisors and make a free enquiry

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Financial Advice in Mexico

Get information on investment portfolio building to achieve your investment objectives according to your risk profile.

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Expat Savings in Mexico

Make an initial no-obligation enquiry about saving plans, school fees planning, retirement planning. Save money, plan ahead and discover all the attractive options available to you as an expat.

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QROPS in Mexico

Learn more about Qualifying Recognised Overseas Pension Schemes. Make an initial no-obligation enquiry to get expert advice on transferring your pension overseas

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Online Broker in Mexico

Compare online brokers for forex trading, cfd trading, internet share trading and more..

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US Expat Tax in Mexico

American expatriates have the legal obligation to file US tax returns yearly on their income wherever sourced. Get free advice and US tax returns filling quote

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Tax Advisory in Mexico

Make an initial no-obligation enquiry on tax planning, tax return or tax issues that you may face as an expatriate.

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