Crypto tax in Mexico
How is cryptocurrency taxed in Mexico?
In Mexico, cryptocurrency is taxed as income with a headline rate of 35%.
Common questions
- What is the capital gains tax rate on crypto in Mexico?
- The capital gains tax rate in Mexico is 10%.
- Is there a long-term exemption for crypto gains in Mexico?
- No, Mexico does not offer a long-term exemption for cryptocurrency gains.
- Does Mexico tax worldwide income including crypto?
- Yes, Mexico operates a worldwide tax system, meaning income from cryptocurrency is taxed regardless of where it is earned.
Crypto in Mexico is taxed as ordinary income.
Treatment
taxed as ordinary income
Long-term
Still taxed
Headline rate
35%
Mexico taxes an individual’s crypto gains as general income at progressive rates up to 35%, with no special long‑term holding exemption for someone relocating there.
“Las personas físicas deben declarar la totalidad de los ingresos obtenidos en el ejercicio, conforme a la Ley del Impuesto sobre la Renta, aplicando la tarifa progresiva que puede llegar hasta el 35 por ciento sobre la base gravable anual.” — Servicio de Administración Tributaria (SAT)
Reflects the treatment of an individual's crypto disposals. Estimate — confirm against the linked source. See methodology.