Starting A Business in Mexico As A Foreigner 🇲🇽 | Can You Live & Operate A Business In Mexico?
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- Опубликовано: 10 сен 2024
- In today's video we go deeper into the conversation of starting a business in Mexico. Things you must know before starting your own enterprise in Mexico. We go over the basics and help you lay out a plan for the future by discussing more in depth this topic that is on everyones mind. #mexico #business #businessMexico
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I have the intention of moving to an area that has very few expats my wife is Mexican and she wouldn’t mind opening up a taco stand
apreciate it! 🙏❤️
I am Mexican and Mexico has lots of business opportunities for everyone. All you need is entrepreneurship, and you will be able to take advantage of it! Gracias por el video!
Very wells said!
I want to go live in Mexico,I have that entrepreneur mindset…how can I start
I’m from Suriname
This 28 minutes video on starting a business in Mexico could be summarized into 3 minutes of actual information on foreigners doing business in Mexico.
Awesome! Can't wait to see your 3 minute video on it!
He literally says “long story short” at 12:10
You’re a cuck. Dude talks to his viewers in detail cause we appreciate his insight and side stories.
I think it's awesome they close the street for bikes on Sundays, my husband could do IT computer work, he can build one from scratch and troubleshoot problems, the guys that repave the roads dug up the cable that brought internet access into the neighborhood, they said it would be two days to fix it, he went out and got a Wifi range extender, put it on a tree in the yard and ran a cable inside so we wouldn't go without internet while they repaired it. He was able to pick up a really good signals from routers outside of our community. You will see him go into MacGyver action before he goes without internet. Thanks again for the video.
Awesome!
Watching this because I think in the future we will see a deeper relationship grow between all South and North American countries. As a young man I would love to build a import/export business or start some sort of manufacturing company.
I totally agree with you. Latin America as a whole will see a giant boom in the years to come!
I really like how you show us what everything looks like, it made me see Mexico differently!
That's awesome to hear! Glad you are enjoying the videos!
Its OK if music is heard while you walk, i like it! Nice video, bruh!
Thanks for sharing!
Very interesting video 😀
Would love a more detailed video about setting up a business as a foreigner without a residency visa in Mexico. Are you getting your info from a lawyer? Thanks!
Sounds good! Thanks for watching!
I’d like to move to Mexico with my girlfriend in the near future. Just starting my research. Great video
Making it seem more attainable then I thought
That is awesome! Thank you for sharing Welcome aboard!
Great video Jose! Thanks for sharing. Alot of opportunities in Mexico, anyone can do it if they have the drive and self determination.
Exactly! Very well said!
@@JoseArteagaTravels I want to open an LLC in Mexico related to robotics so how much capital do I need to be able to apply work permit for my 3 employees at least?
Ideas are a brewing. Things I could do there!!!
Glad I could help!
This is a great video and perspective!
Thank you!
Hay bud..thank you..I'm here in Merida maybe I will run across ya oneday..lol...
For sure brother!
I have a friend who owns land and we want to start a shrimp farm. Is that something you could guide us through?
I honestly have no idea about anything in the industry but if you need legal help to make sure everything is correct you can check out Jose Novelo on my website he can help you out further
Thank you
You're welcome!
endless thanks brother. i was looking so long for this. now i know all.
Awesome!
How do we comply with Fatca n Fbar expat taxes. Just saying
If interested then You must consult with a US Accountant for more information on that. This video is about starting a business in Mexico as a foreigner not paying taxes to a country you are not currently living in.
@@JoseArteagaTravels it is important to warn our fellow expats to be in compliance from day one….
I really enjoy your videos!
Thank you!
Is it safe to do it ? I often hear about cuotas being asked, and businesses having to closed down
There are Millions of businesses operating in Mexico on a daily basis. It's safe
It’s all great but what about if ur not computer sabby and are moving to “el rancho” and there’s no big towns around “el rancho”. El rancho is a small community with few houses lol I’m 47 years old working here as a medical assistant. Any recommendations for work out there? Or what kind of work from home can I do?
It seems like you found the best option for you which is working as a medical assistant. If you are not computer savvy then it might be more difficult for you to work an online job. Either way you can check out this list I have on my website with a bunch of online job opportunities who knows perhaps you might be able to find something you can do. Good Luck! www.josearteaga.com/digital-nomad-jobs
Thank you so much ! I love your videos !
Flip flops & sunglasses!!
you know it!
I am coming ❤
Awesome! Congratulations!
Great post
Thank you boss!
Do you think a BBQ restaurant would be successful in Mexico?
Yes! 😋
What a beautiful SKY!!! that was the first thing I noticed. But I love the idea that people from other countries could bring their authentic food to the streets of Mexico... Not that I don't love TACOS! :) But when I was in France staying in a small neighborhood rather than a Hotel... I was so enamored with watching people carrying a super fresh bag of croissants or something whilst riding a bike down the street, and then following my nose to go find the shop or bakery selling it! .... Being in Mexico is being a foodie! :)
Well said!
very interesting content. i am so grateful to be able to find this video. Thank you for sharing this really cool video. very beautiful view and you explain in great detail. my new subscribers and new friends
Glad you enjoyed it!
Great vid bud...
muchas gracias!
A 3-wheeled Hot-Dog cart... I'll blast "Take me out to the ball game" over a boom-box. BUENO!!!! arriba arriba andale
Great idea!
Hot dogs and hamburgers are destroying Mexican street food culture
No it's not. That's like saying tacos and burritos are destroying American cuisine. Thanks for your thoughts
@@JoseArteagaTravels this is a personal observation. When I travelled in Mexico '14-'17, I don't recall seeing many hotdog and hamburger stands. While travelling last winter and spring, it seemed like more 50% of street food vendors are now just selling hamburgers and or hotdogs. In my opinion, this is destruction of a culture. Perhaps the local population prefers hamburgers and hotdogs, evidently it appears so. As a visitor, it's a bummer though.
R u mocking the Honorable Mexican Culture with your comment? Get a mirror, big one made in the Popocatépetl n Iztaccíhuatl valley, try to say that…
Very informative as usual...
Is it best to deal with pesos, dollars, euro???
accept all kinds of cash?? Crypto?
I would stick to pesos. Also if you wanna get fancy accept Crypto. I would stay away from Dollars and Euros because not many people carry them out here and you will get you a bad exchange rate if they do.
I am working on starting a digital marketing business. I may even get a remote job in that industry before diving in. However I do like how traditional business look more profitable in México than here. I also like the classic car example you gave. I like fixing up older cars, mainly European then sell them or keep them. Also the lyrics in staryed from the bottom couldn't be anymore true. One of the few Drake songs I like. Anyways peace out!
Awesome! Glad i could help!
Once walmart moves in, it will be like in the US, it will kill all small business.
Not really Walmart and other big box corporate stores have been here for decades
@@JoseArteagaTravels I'm happy to hear that!
You mean dollar general? They got one just about on every corner even in rural Mississippi
@@MarcosMartinez-mq3nd No, I meant Walmart. But Dollar General and all those 1 dollar stores are as toxic and small business killing as Walmart.
How much would it cost to open up a medium sized coffee shop or liquor store in Mexico...?
Those are two completely different things. But depending on how much you want to invest anywhere from 5-10k but i'm just taking a stab in the air. I would research this more if you are interested
@@JoseArteagaTravels liquor store how much? Did you find out?
Love the D.A.R.E Tshirt!!!! Hahaha
Awesome! Thanks!
Can you run a business there unofficially or do you have to get City permits like in the USA?
You can start a business informally and as you grow you can formalize it with the proper permit or license. Basically it is only for tax reasons and only enforced once you have a business big enough
I'm thinking about moving my family from Canada to Mexico and start a mobile crane or excavating company, how hard would it be and how do I get residency and working privileges.
Great Questions! You can start by watching this video "Mexican Lawyer Explains How EASY it is to Get ANY Visa 🇲🇽" ruclips.net/video/SSoINjCZU5w/видео.html and contacting Jose Novelo at " JMnovelo@mxlegalandtaxes.com " for more information
Great video I'm in Playa del Carmen I need help setting up a business I see my knee I just need a little help cuz I want to make sure I'm paying the taxes and those sorts of things
Thank you! For more detailed help on what you need, you should contact Jose Novelo directly and he can help you with everything you need regarding your business jmnovelo@mxlegalandtaxes.com
The problem with Merdia is heat. It's just too hot there.
It's too hot for some people, not for everyone. Some people love the heat
@@JoseArteagaTravels True,. But it will be too hot for me. I need a colder season, not year around heat. .
Sell fans,air conditionets,icecreams,
do u know if i can sell my bracelets on the street without getting into problems??? would really appreciate it 🙂
Yes most likely. Worse case scenario they tell you to stop or move in you dont have the simple vendors license they might require. All areas are different
I’m an aromatherapist by hobby and I like to make lip balm and hand salve. Are those popular in Mexico?
Yes you can have great success here and also set up shop and sell worldwide from here with lower costs than back home.
Great video brother greetings from South Africa 🇿🇦
Thank you!
@@JoseArteagaTravels No brother thank you, you're an inspiration 🙏
Help with temp residency. Have the $ but not the saving history.
Check the info on my website josearteaga.com
Hiya, I am an italian american, I have some italian friends living in Tulum and Playa, can i ask you to do a video and break down minimum costs to start an online boutique without a residency visa, so only on a tourist visa as an italian passport holder?
ok sounds good!
Why not come to Melbourne Australia where you have to apply for a license and pay an annual fee to go busk on the street with your guitar😜
Ha! No thanks!
So your telling me, the Mexican government doesn’t charge its people a business license to sell on the streets?
Not everyone, not in all cases
Busco alguien para ayudarme mover todas mis cosas a Mexico y venir a vivir. Desde Tailandia es dificil encontrar una compania logistica.. tengo muchas cosas (dos containeres)
Puedes ver en Facebook
Selling trinkets on a beach may be cheap to set up but to start a regular business one needs a lawyer in Mexico and that can get quite expensive.
Just like anywhere else you want to start something big it will cost you, Lawyers are the least of your worry. Thats why most Mexicans just start out something small and grow gradually.
How do you obtain a business license and business number for tax purposes?
You have to register with SAT for tax purposes. Everyone has a tax number You just go to the office with the appropriate paperwork and you can pay as many taxes as you want. As for a business license it is a bit different out here. So depending on the business will determine whether you need one or not. Or if you need another type of specialty permit or license to operate your business. If you plan on doing something more complicated than the small business ideas I mentioned in the video I would highly recommend you hire yourself a lawyer and seek council with them.
@@JoseArteagaTravels do you have a email that you can share . I have a few questions about starting a business
Hey, any sites for stores to rent in Merida?
Sale real estate sites i recommend on my website
Do you know the laws/rules for alcohol sales? Like not a storefront, but like a cart?
Great Question! No alcohol sales 😅 You actually need a license for that
@@JoseArteagaTravels do you know much about the process for that?
@@loricarrasco1256 I have no idea each area is different. That's something you would need a lawyer for
What’s the name of this town my friend
Merida Yucatan in Mexico
Alot of mask wearing outside
Yup
Learn to get to the point !!!
I'm working on it! Practice makes perfect! That's why I make so many videos! Also I think most people who watched it got the point and got some value from the video. Regardless I don't make these videos to please anybody, it just so happens that I do. Therefore when someone like you shows up I honestly don't care about the negative comments because it honestly says more about you than it does about me. I'm just out here trying my best and loving life and it always makes me chuckle when that upsets the peanut gallery. Anyways Thanks for watching!
@@JoseArteagaTravels Some people are so rude why is he here anyway? Well said Jose. (:
How can I start a small clothing store in Mexico, and would I have to mention to border patrol I have a business out there ?
Why do you have to tell the border patrol anything about your business in Mexico? Answer is No and as for a starting a small business out of nothing i suggest you watch the RUclipsr Gary Vee for more information he can guide you. It's pretty straight forward especially after the info i just gave you in the video. Good Luck!
It's the idea of free economics and the free market. I would like to when I move to Mexico do onsite smartphone repairs (basically on an appointment basis come to your place of residence or place of work with my tools and your new screen and repair your phone there) 4 days a week and maybe on market day where there is a pop up market, set up a table and a small generator for a few tools that need plugging in and do repairs there. The free market is definitely going to benefit me as it will bring lower overhead costs. Where I plan to relocate now is in Fresnillo Zacatecas.
Awesome brother!
I like this vidéo, how i Can contact you please
Thank you! You can find out more info on how to reach me on my website www.josearteaga.com/
Great topic
Thank you!