What is the border area for minimum wage 2021?

Article by: Mr. Rafael Arias | Last update: April 10, 2022
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The general minimum wage increase includes the current minimum wage in 2021, 25.45 pesos for the northern border region and 16.90 pesos for the rest of the countries, a fixed increase of 9%.

What is the border zone?

For the purposes of this law, the border strip is considered to be the territory between the international dividing line and the parallel line located at a distance of twenty kilometers towards the interior of the country. Border region shall mean the territory determined by the Federal Executive.

What are the border free zones?

Free Zone Perimeter

Mexico’s free zone includes areas along Mexico’s northern and southern borders, typically 12 to 16 miles from the border (20 to 26km). Also, the entire Baja California peninsula, a large part of Sonora and Quintana Roo are part of the free zone.

How much is the minimum wage in the interior and border?

Minimum wage 2022 at the border

by offering an attractive salary so that workers do not have to leave. The 2022 minimum wage in the Border Free Zone goes from $213.39 to $260.34 pesos per day. This adds up to a total of 7,914 pesos per month.

What is the free zone of Mexico?

The Free Zone is a strip to promote development and re-create jobs on the northern border. Fiscal incentives will be granted, which consist of the reduction of VAT and ISR rates and standardize the price of gasoline with that of the United States.

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How many free zones does Mexico have?

Today, the 630 Free Zones in the region have become competitive scenarios for the more than 10,800 companies that operate in them, because in addition to offering them a safe environment and state-of-the-art infrastructure, they offer tax, customs and foreign trade incentives.

Where is the free zone?

Location. The Colon Free Zone is located in the central point of the Americas towards the Atlantic entrance of the Panama Canal, specifically in the city of Colon, which makes it a natural distribution center serving the regional markets of Central America, America of the South and the Caribbean.

How much is the minimum wage in Bolivia 2021?

Supreme Decree 4501, which establishes the minimum wage at 2,164 bolivianos, states in its First Final Provision, paragraph I that the application of this payment “will have a retroactive effect as of January 1, 2021.”

How much is the salary at the border?

The general minimum wage goes from 141.70 to 172.87 pesos per day; while in the Free Zone of the Northern Border it goes from 213.39 to 260.34 pesos per day. Professional minimum wages will also receive a 22% increase.

How much do you earn on the Mexican border?

On December 1, 2021, the National Minimum Wage Commission (CONASAMI) agreed to increase the general minimum wage to $172.87 pesos per day and $260.34 pesos per day in the Northern Border Free Zone, effective January 1, 2022.

What are the northern border municipalities?

border cities. Includes Tijuana, Ciudad Juárez, Mexicali and Reynosa-Río Bravo.

What are the places of the border zone in Mexico?

The Mexican cities with the largest population size on the border are Ciudad Juárez and Tijuana, followed by Mexicali, Nogales, Piedras Negras, Nuevo Laredo, Reynosa and Matamoros.

What are the border municipalities?

The 33 border municipalities where the change will apply are: Tijuana, Mexicali, Ensenada, Playa Rosarito and Tecate, in Baja California; Juárez, Ojinaga, Ascension, Coyame del Sotol, Guadalupe, Janos, Manuel Benavides and Práxedis G.

What are the Venezuelan borders?

The border space or ring of Venezuela is made up of the maritime border, which encompasses a group of islands -Las Aves, Los Monjes, Los Roques, La Orchila, La Blanquilla and Isla de Margarita, which make up an area of ​​2,900 kilometers- , and a continental shelf made up of the states of Apure, …

How much is the minimum wage in Mexico in dollars?

In December 2021, the government of Andrés Manuel López Obrador announced that the minimum wage would increase from 141.70 to 172.87 Mexican pesos per day, which is equivalent to about 256 US dollars per month, according to estimates by Bloomberg Line, based on in the exchange rate of the dollar in effect on January 3.

Why is the salary higher at the border?

The minimum wage at the border is higher in order to prevent Mexican workers from migrating to the United States in search of better paid employment. In addition, workers will be able to stay in their locality in the company of their relatives, with their customs and cultures.

What is the minimum wage 2022?

JOINT COMMUNICATION 001/2022

The National Commission of Minimum Wages (Conasami) approved, unanimously by the sectors of workers, employers and government, the general increase that allows to go from $141.70 to $172.87 pesos per day, and in the Free Zone of the Northern Border from $213.39 to $260.34 .

How much does a person earn in Bolivia?

Bolivia has an average salary of 524 dollars, which would be about 3,620 Bolivians. A ranking of the average salary of the countries revealed that Bolivia is third among South American countries.

What is the Panama Free Zone?

The Colon Free Zone is the largest Free Zone in America. It began operations in 1950 in a small segregated area of ​​the city of Colón, and in the last 60 years it has expanded to more than 1,200 hectares of duty-free land for export, import, storage and value-added operations.

What are the requirements to buy in the Colon Free Zone?

REQUIREMENTS TO ENTER THE COLON FREE ZONE

To enter ZLC, all people must request a circulation pass. … Tourist pass. … Pass for car rented by tourist. … Entrepreneur or Investor Pass. …Personal Visitor Pass. … Visitor vehicle decal or Motorcycle decal.

What is the jurisdiction of the Colon Free Zone?

The Colón Free Zone (Zolicol or ZLC) is a first-generation free zone located on the Caribbean coast of Panama in the province of Colón, within the city of Colón although outside its municipal jurisdiction that functions as an autonomous entity of Panama.

What free zones are there in Mexico?

What are the free zones in Mexico?

    Baja California.Sonora.Chihuahua.Coahuila de Zaragoza.Nuevo León.Tamaulipas.

What are the free zones in Mexico?

In accordance with Law 1004 of 2005, a Free Zone is defined as a geographical area delimited within the national territory, where industrial activities of goods and services or commercial activities are carried out, under special regulations on tax, customs and foreign trade.

How many free zones are there in Brazil?

In Brazil, the only existing Free Trade Zone is the Manaus Free Trade Zone, which has been operating since 1967 and has become a pole of industrial, commercial and agricultural development for the Amazon region of Brazil.

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