With the beginning of 2020, the conversation in the world of cars globally revolves around electric cars, autonomous and connected to the infrastructure. In Mexico, however, we have a pending subject: security. Mexico is experiencing a significant lag in...
Mexico considers banning cash when paying for gasoline and toll booths on roads
www.elfinanciero.com.mx Mexico is considering banning the use of cash to buy gasoline and pay tolls, as a way to combat tax evasion and money laundering, according to people with direct knowledge of the discussions. The plan, which has been...
Amikoo, Latin America’s Biggest Theme Park, Opens November 2018
Slated to be the largest theme park in all Latin America, phase 1 of Amikoo will open in the Riviera Maya in 2018. The park is based on the Maya cosmogony and will have 24 attractions, in addition to...
Yucatán State Latest to Tax and Regulate Airbnb
Following on the heels of Mexico City, Quintana Roo, and Jalisco, the Yucatán state government has drafted legislation to tax and regulate short-term rental accommodations by Airbnb and similar online services. A 3% tax would apply on lodging, houses,...
Mexico to Raise Minimum Wage December 1st, Visa Requirements To Be Affected
24.7 million Mexicans who work at least one minimum wage job will get a 10.4% raise on December 1st. The annual wage raise usually takes effect in January. On Tuesday, the Mexican government and business leaders agreed to raise the...
Important Information Regarding the New Buoy System, Restricted and Unrestricted Zones in Akumal Bay
The following article is from the Akumal Bay Information page on Facebook and contains information updated as of October 27, 2017. The new buoy system in the bay (designed by the Mexican federal government) is now complete but no...