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US expats in Mexico at risk from Trump policies
| Published: | 30 Jan at 6 PM |
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American expats living in Mexico could be caught in retaliatory action by the Mexican government should Trump tax imports and remittances to pay for his wall.
Three members of Mexico’s parliamentary Congress are putting forward a scheme which would result in US expat properties being confiscated or made subject to liens should Trump's tax be implemented. In an announcement on Saturday, one congressman told reporters retaliatory legislation could also be brought in if Mexicans living in the USA are harmed by new immigration policies. The politician added that all US citizens living in the country could have their immigrant status reviewed.
It’s estimated that, as well as hosting a number of US-based corporations, Mexico is home to between 600,000 and 800,000 American expatriates together owning some $20 billion in real estate. The majority are retirees or business owners, and all will have reason to fear should Trump carry out his threat to force repayment for the wall by any means necessary.
It’s too soon to estimate the effect the Trump presidency will have on US expatriates living in Mexico, but damage to the country’s economy by taxes or other means as well as mass deportation of Mexican citizens from its northern neighbour are sure to provoke harsh measures against American citizens. Whether they're forced to leave by the introduction of tough new immigration rules or become victims of Mexicans’ fury at Trump remains to be seen, but this past week, and especially after the travel ban, it’s certain American lives in Mexico will be affected.
One alternative for those fearing an increasingly unstable future would be a move to Ecuador. The country’s president, Rafael Correa, is a strong supporter of a borderless world, with his belief seen in Ecuador’s liberal attitude to foreigners entering the country. Foreign residency and the granting of visas are some of the most lenient in the world, with US citizen expats unlikely to be used as pawns in their home country’s political gamesmanship.
Source : Cuenca High Life Resources for Expat Living
Three members of Mexico’s parliamentary Congress are putting forward a scheme which would result in US expat properties being confiscated or made subject to liens should Trump's tax be implemented. In an announcement on Saturday, one congressman told reporters retaliatory legislation could also be brought in if Mexicans living in the USA are harmed by new immigration policies. The politician added that all US citizens living in the country could have their immigrant status reviewed.
It’s estimated that, as well as hosting a number of US-based corporations, Mexico is home to between 600,000 and 800,000 American expatriates together owning some $20 billion in real estate. The majority are retirees or business owners, and all will have reason to fear should Trump carry out his threat to force repayment for the wall by any means necessary.
It’s too soon to estimate the effect the Trump presidency will have on US expatriates living in Mexico, but damage to the country’s economy by taxes or other means as well as mass deportation of Mexican citizens from its northern neighbour are sure to provoke harsh measures against American citizens. Whether they're forced to leave by the introduction of tough new immigration rules or become victims of Mexicans’ fury at Trump remains to be seen, but this past week, and especially after the travel ban, it’s certain American lives in Mexico will be affected.
One alternative for those fearing an increasingly unstable future would be a move to Ecuador. The country’s president, Rafael Correa, is a strong supporter of a borderless world, with his belief seen in Ecuador’s liberal attitude to foreigners entering the country. Foreign residency and the granting of visas are some of the most lenient in the world, with US citizen expats unlikely to be used as pawns in their home country’s political gamesmanship.
Source : Cuenca High Life Resources for Expat Living
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