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bb2
Joined: 22 Feb 2007 Posts: 17
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Posted: Thu Nov 08, 2007 10:53 pm Post subject: taxes in mexico |
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I'm considering a position in Mexico and was wondering what income tax was like there. Any info would be greatly appreciated. Gracias! |
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Phil_K
Joined: 25 Jan 2007 Posts: 2041 Location: A World of my Own
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Posted: Fri Nov 09, 2007 12:18 am Post subject: |
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We need a few more details about type of job, salary, method of payment etc. |
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bb2
Joined: 22 Feb 2007 Posts: 17
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Posted: Fri Nov 09, 2007 4:15 pm Post subject: |
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Ok, well, it's a full-time position at a university and pays 327,000 pesos a year. I feel like that's pretty good salary for the area. I've just been working in the Middle East where salaries are a bit higher and you don't have to pay taxes. So, I guess I'd like to know how far 327,000 pesos a year is going to get me. Thanks! |
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TheLongWayHome

Joined: 07 Jun 2006 Posts: 1016 Location: San Luis Piojosi
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Posted: Fri Nov 09, 2007 4:37 pm Post subject: |
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bb2 wrote: |
Ok, well, it's a full-time position at a university and pays 327,000 pesos a year. |
That's a great salary, you'll live like a king. They'll probably tax at least 20% of it... depends on how bent the uni's accountant is. Where are you going to teach? |
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danielita

Joined: 06 Mar 2006 Posts: 281 Location: SLP
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Posted: Sun Nov 11, 2007 7:26 pm Post subject: |
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...sounds like the Tec de Monterrey Culiacan Campus (Sinaloa). Most employers in Mexico quote a salary after taxes rather than before.
that works out to roughly 27,000 pesos a month andyou can live quite well on that. However, I am not familiar with the cost of living around there so I'd recommend contacting the school to get information from them.
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MO39

Joined: 28 Jan 2004 Posts: 1970 Location: El ombligo de la Rep�blica Mexicana
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Posted: Sun Nov 11, 2007 11:17 pm Post subject: |
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TheLongWayHome wrote: |
bb2 wrote: |
Ok, well, it's a full-time position at a university and pays 327,000 pesos a year. |
That's a great salary, you'll live like a king. |
On that salary, at least in the D.F., two people could live like kings! |
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