This week, we're diving into the connection between traditional mole, mango exports, and capital gains in Mexico. Hold onto your sombreros – it's about to get spicy, sweet, and a little too complicated for the Servicio de Administración Tributaria.

📣 Que Paso

🌧️ After the second-driest May on record, Mexico experienced its rainiest June in over 80 years.

🥭 Despite a slight dip in overall volume, Mexico still reigns supreme as the #1 exporter of mangos to the US – exporting 55 million mango boxes this season.

🏆 According to the 2024 Peace Index, the Yucatán has been named the most peaceful state in Mexico, followed by Tlaxcala in second place and Chiapas in third.

💸 Mexico hits a record high of $20.3 billion in foreign direct investment for early 2024. It’s forecast to increase 8% this year – reaching $39 billion in total according to the Mexican Business Council for Foreign Trade, Investment and Technology (COMCE).

🌊 Sargassum seaweed continues to affect Mexico’s beaches, causing concern among locals and tourists.

🍎 Your Health Pulse

Finding the Right Expat Health Insurance in Mexico

Many expats and long-term residents wonder if they really need international health insurance in Mexico. 

The short answer is YES. 

Check out this article for everything you need to know about expat health insurance in Mexico so you can make the best possible decision for your health – and the health of your family.

🏠 Real Estate Roundup

Maximize Profits on Mexican Property Sales

Thinking of cashing in on your Mexican real estate? Not so fast – the taxman cometh! Depending on your residency status, you could owe capital gains tax ranging from a mild 1.92% to a whopping 35% of your profit. (Ouch!) 😱

Fret not. There are ways to reduce or claim exemption from capital gains and legally minimize your liability.

🪷Viva Wellness

Exploring the Antioxidant Power of Traditional Mexican Mole

This flavorful sauce isn't just a delight for the taste buds — it's a nutrition powerhouse. Discover how cacao, dates, chiles, and other nourishing ingredients in traditional Mexican mole help boost heart health, fight inflammation, and protect against cancer.

Executive Chef Reyna Venegas delves into the rich history and science behind this culinary gem, showing you how to make it part of your wellness routine.

🎉 Vamos! Can’t Miss Events

✨ Avistamiento de Luciérnagas June 16-August 20: There’s still time to experience the magic of the Avistamiento de Luciérnagas (Firefly Watching) in Nanacamilpa, Tlaxcala. When the sunsets, the forests light up with the enchanting glow of fireflies during their mating season. Make this a must visit!

🥃 Feria del Mezcal July 20-30: Get ready for the ultimate celebration of Oaxaca's iconic spirit…mezcal! Held at the Centro Cultural y de Convenciones de Oaxaca, this event is part of the Guelaguetza festivities and has over 70 brands to taste. Get the info here.

🕺Guelaguetza Festival July 22-29: Experience the vibrant Guelaguetza Festival in Oaxaca, celebrating indigenous culture with traditional music, dances, and regional foods. Immerse yourself in this colorful cultural extravaganza and discover the heart of Oaxacan heritage. Find out more.

🍿 Guanajuato International Film Festival July 19-28: Join film enthusiasts in Guanajuato for the renowned GIFF, showcasing groundbreaking films from around the globe. Enjoy screenings, workshops, and vibrant cultural events in various cities throughout Guanajuato. See the schedule here.

🍇 Fiestas de la Vendimia (Grape Harvest Festival) July 13 -August 25: If you've always dreamed of crushing grapes with your feet, La Redonda's grape harvest festival in Queretaro is the perfect opportunity. Admission is free. Oh, and for just 1,699 pesos, you can buy a wedding package for 2 that includes a bottle of bubbly, a cheese board, and 2 rings (talk about a deal!). Check it out here.

💡 Spanish Phrase of the Day

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