Head-to-head · tax residents 2026
Mexico or Colombia: which should you move to?
Two of Europe's top relocation targets, both with newcomer regimes. Here is how they compare on the taxes that move the needle.
Tell us your country, income and net worth. The verdict above and the cost, flight time and "who wins" all update for you.
We'll send a personalised Mexico or Colombia report for your exact situation, plus a free intro to a vetted advisor in whichever fits you best. No spam.
| Factor |  Mexico ↗ |  Colombia ↗ |
|---|---|---|
| Top personal income tax | 35% | 39% |
| Corporate tax | 30%* | 35%* |
| Capital gains tax | Taxed | Taxed |
| Dividend tax | 10% | 39% |
| VAT / sales tax | 16% | 19% |
| Wealth tax | No | Yes |
| Inheritance tax | No | Yes |
| Foreign income | Worldwide | Worldwide |
| Headline expat regime | Régimen Simplificado de Confianza (RESICO) | Zonas Francas (Free Trade Zones) |
| Cost of living (vs your country) | 54 | 38 |
| Population | 131,946,900 | 53,425,635 |
| Area | 1,972,550 km² | 1,138,910 km² |
| Population density | 67/km² | 47/km² |
| Airports (large + medium) | 71 | 60 |
| Annual tourists | 45,038,750 | 4,519,000 |
| Flight time from your country | · | · |
| Direct flight likely? | · | · |
| Life expectancy | 75.3 yrs | 77.9 yrs |
| Safety (homicides/100k) | 24.9 | 24.9 |
| Happiness (0-10) | 6.47 | 6.16 |
| Corruption index (higher = cleaner) | 31/100 | 39/100 |
| Double-tax treaties (approx) | ~60 | ~13 |
| Internet speed (median fixed) | 104 Mbps | 214 Mbps |
| Healthcare spend / person | $761 | $644 |
| Air quality (PM2.5, lower=better) | 16.61 | 18.36 |
| Time zone (approx) | UTC-7 | UTC-5 |
| Digital nomad visa | No | Yes |
| Official languages | 1 (Spanish, nahuatl, Yucatec Maya) | 1 (Spanish) |
Green = more favourable. Cost of living shown as a percentage of your home country (under 100% = cheaper than home). Tax data: compiled by us, being re-verified; cost of living: World Bank PPP; area & population: GeoNames; life expectancy & homicide rate: World Bank.
* Mexico: Flat federal CIT of 30% on resident worldwide income and foreign-resident Mexican-source income. · Colombia: 35% general; +5% surcharge for financial institutions through 2027; 5-15% price-triggered surtax for oil/coal; Free Trade Zone qualifying users 20%.
Frequent Mexico and Colombia comparisons
People comparing Mexico and Colombia also look at these.
Not sure which fits your numbers?
Your income mix decides this, not the headline rate. Get a projection for your situation and a vetted advisor in both countries.
Get my personalised comparison →