With a strategic geographic location, excellent supply chains, fiscal stimuli and a talented and young workforce, Mexico is the second most important economy in Latin America and the 9th country within the 25 most attractive countries for investors worldwide.
Last August 2023, Brazilian Executive Power has presented a legislative proposal (“PL 4173”) regarding the IRPF taxation over the foreign profits earned by Brazilian tax residents shareholders of entities located in “tax heaven countries” (offshores).
The Ministry of the Interior has informed that, with effect from this October 22, 2023, foreign people whose nationalities require a visa to travel to Mexico, must carry a “visitor visa without permission to carry out remunerated activities” when they require carry out transit through Mexican international airports regardless of the time the airport transit lasts.
ARGENTINA: RENT REFORM OCTOBER 2023. Chamber of Deputies approves reform of “Ley de alquileres” rent law complete with its Senate amendments
On Wednesday October 11th the lower house in Argentina approved the reform of the rent law complete with its Senate amendments.
The Government of the United States announced the renewal and expansion of the Temporary Protected Status (TPS) program.
In the context of the rapprochement and strengthening of bilateral relations between Mexico and Brazil, both governments have explored the implementation of new measures that facilitate the mobility and circulation of their citizens, in a safe, orderly and regular manner, between the two countries.
The governor of Florida, Ron DeSantis signed a law that requires all private employers with more than 25 employees in the state to use E-Verify to ensure the job candidates have lawful status.
The National Institute of Migration is empowered to carry out verification visits in order to verify that companies that are in national territory comply with the obligations set forth in the Migration Law and its Regulations
On 25 April 2023, the Central Economic-Administrative Court (TEAC) issued a ruling (RG 04812/2020) on the calculation of the number of days spent in Spanish territory for the purposes of determining tax residence in Spain. In this resolution, the TEAC reiterates the criteria established in a previous resolution of 28 March 2023 (RG 4045/2020).
Effective February 15, 2023, the Irish Government has announced the closure of the Immigrant Investor Programme (IIP) to further applications. The IIP was introduced in 2012 with the aim of supporting investors and business professionals from outside the European Economic Area with their business interests in Ireland.