EP 002 | Mexico Banking Secrets, Expat Healthcare & High-Stakes Ransom Updates | NAVIGATING MEXICO
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EP 002 | Mexico Banking Secrets, Expat Healthcare & High-Stakes Ransom Updates | NAVIGATING MEXICO
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In Episode 2 of Navigating Mexico, host Mike Stoltz navigates the complex financial and medical landscape of living abroad, while sharing a harrowing update from a colleague in Venezuela.
In this episode:
The 9.5% Interest Myth? Wealth Manager Karina Gonzalez (Capital Bank) joins tax experts Cindy Duchateau (BNC Tax) and Paula Blanco (Equilibrium) to discuss "Pagarés," tax withholdings, and the inflation adjustments that make Mexican banking unique.
The $10,000 Trap: Learn about FBAR compliance and why transferring money between your own accounts could trigger massive IRS fines.
World-Class Care: Why 700 expats rated Mexico’s healthcare as "Excellent." Heart specialist Dr. Cruz discusses the transition from the U.S. medical system to Mexico and the one "Binder" every expat must carry to save their life.
Venezuelan Ransom: A chilling follow-up on the "Doublet" earthquake. Mike reveals the story of a colleague targeted and held for a $2,500 ransom by local authorities simply for speaking English.