by Gary | Oct 5, 2023 | Financial, Taxes
The folks over at Greenback Expat Tax Services have written a good guide on dealing with taxes for US expats. American citizens must file a US Federal Tax Return no matter where they live in the world. Bummer – I know. But it’s unavoidable. (well, unless...
by Gary | Jul 7, 2021 | Financial, Mexico, Taxes, travel
Last month we made a quick trip back to the United States. We flew Southwest Airlines to Houston and back. Part of the overall airline charge was the Mexican tourist tax, which was $57.22 for the two of us combined. (Before anyone asks, the base fare was $0 as we used...
by Gary | Mar 16, 2021 | Financial, Mexico, Taxes
It’s that time of year again – time to pay our US taxes. Yes, even though we live in Mexico full-time, we still need to file a US tax return. Along with my US taxes, I also file an FBAR. While I was preparing this year’s report, a question arose: If...
by Gary | Mar 6, 2021 | Financial, Mexico, Technology
I’ve written numerous times about using TransferWise for transferring between Mexican pesos and US dollars. Check out our previous post on Maximizing currency conversions (Buy your pesos at the right time) for details on our experiences using TransferWise (Hint:...
by Gary | Dec 3, 2020 | caribbean, casa, Financial, Puerto Morelos
It took a while, but we finally have the necessary permits to start building our house! It was early August when we closed on the land, so it certainly took a while to get our permits. Construction License Costs A number of people had asked about building costs. So...
by Gary | Aug 3, 2020 | casa, Financial, Mexico, Puerto Morelos
It took us over a year, but we finally closed on a piece of land here in Puerto Morelos! Future home of Casa TBD It might not look like much now, but we have big ideas! The lot is just over 300 square meters, and it’s just two blocks from the beach, and a 5...