Learn about the best ways to stretch your budget, avoid unnecessary fees, and manage your finances in a foreign country. We also explore the pros and cons of different money transfer services, explain how to handle exchange rates, and help you understand the financial obligations of owning property or running a business in Mexico. With these insights, you can make informed decisions about your money and enjoy a smooth financial transition to your new life.

• Gob.mx: Mexico’s official federal government portal with details on all government matters, including providing detailed information on immigration, work permits and other legal procedures.  
• Servicio de Administración Tributaria (SAT): Mexico’s official federal government agency responsible for the collection of taxes from individuals and businesses. 
• Numbeo: Numbeo is a global database that allows you to compare the cost of living between cities in Mexico and other countries. It includes user-contributed data on rent, groceries, dining, and other living expenses.
• Wise, Xoom, Remitly, MoneyGram and Western Union: Trusted services for sending money internationally, each offering varying options for speed, security, and convenience, with competitive fees and global accessibility.
• Facebook Groups: Mexico offers a wealth of local Facebook groups tailored to the needs of foreigners. These online communities provide a platform for members to share real-time tips, updates, and personal experiences, including recommendations for cost of living estimates, money transfer services, banking options, obtaining an RFC, and much more. By joining these groups, you can gain valuable insights and recommendations from other individuals to navigate your financial affairs in Mexico with ease.