The Servicio de Administración Tributaria (SAT) in Mexico has announced a new initiative that offers a preferential tax rate of 15% on the Income Tax (ISR) to individuals and entities who repatriate capital and can prove the legal origin of those funds. This measure stipulates that the funds must have been maintained outside of Mexico until September 8, 2025. This program aims to encourage the return of resources that have been kept abroad, thereby fostering domestic investment and job creation in alignment with the broader Plan México.

The repatriation program is part of a larger strategy to incentivize taxpayers to bring back their capital to Mexico, aiming to integrate these resources into productive investments within the country. The SAT indicated that the measure is particularly targeted at both individuals and corporate entities, whether they are residents of Mexico or foreigners with a permanent establishment in the country. The hope is that this incentive will stimulate economic activity by increasing available capital for investment.

Moreover, the SAT's efforts reflect a growing trend among nations attempting to bring back funds, especially those classified as offshore. By providing a mechanism for the legal repatriation of funds with a reduced tax burden, the Mexican government seeks to leverage these assets for national development. The implications of such policies could lead to a more substantial influx of capital, potentially revitalizing sectors that have suffered from lack of investment due to economic uncertainties over recent years.