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5. FX and capital controls: Mexico

FX and capital movements in Mexico: how foreign currency debts are settled in pesos at the FIX rate, who may hold dollar accounts at Mexican banks, the withholding on dividends sent abroad and the customs declaration for carrying cash or checks across the border. Each rule is tied to the official text and checked against it.

Investor view. A daily official reference rate, dollar accounts for every Mexican company and a flat 10 percent withholding on dividends paid abroad make Mexico a predictable place to bring capital in and take profits out.

• Moving money in and out of Mexico: the FIX rate, dollar accounts, dividends abroad and cash at the borderForeign currency is not legal tender in Mexico. A debt in dollars that is payable in Mexico can be settled in pesos at the FIX rate that Banco de México publishes in the Diario Oficial, and the partie

Related: Mexico country profile · live dashboard · central bank and release calendar · our posts on X · where Argentina is involved, see The Argentine Thread guide