The 2 issues for the vast majority of expats in Penasco:
1. Do resident expats, property owners or not, having legal permanent Mxcn residency with no right to work, and with no Mexico sourced income or employment, but having income from abroad, have to file Mxcn tax returns declaring their foreign income?
2. Do expats property owners who are not documented as permanent residents, with no Mexico sourced income or employment but income from abroad, have to file Mxcn tax returns declaring their foreign income?
Other questions arise if the expat property owner owns her property through a US LLC, but that can wait for another day!
Does anyone know the answer?