Paisano Card: How Mexico Plans to Save Your Remittances from US Tax

Paisano Card: The Mexican government is launching a strong push to promote the use of the “Paisano Card” among its citizens living in the United States. This move comes after a new tax was approved in the U.S., signed by President Donald Trump, which applies a 1% charge on remittances sent by Mexican immigrants to Mexico through electronic transfers. To avoid this new fee, Mexico plans to make the Paisano Card more accessible for everyone who regularly sends money back home.

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The Paisano Card was originally created to support Mexican nationals who were deported from the U.S., with each returning person receiving $100 on arrival in Mexico. But now, the card is taking on a new role helping Mexican immigrants keep more of their money when they send it to loved ones.

Consulates Will Help Distribute the Card in the US

Mexico plans to distribute the Paisano Card widely through its consulates across the United States. The goal is to help as many people as possible avoid the 1% tax by using the card for remittances instead of regular cash or direct transfers. Officials say the card is easy to get, and users can deposit their cash onto it following U.S. rules. This allows immigrants to transfer money electronically while skipping the new remittance tax.

Anyone who sends money home to Mexico can apply for this card. Mexican consulates will play a key role in handing it out, offering support and information to those who need it. This effort is part of a broader strategy by the Mexican government to protect the income of workers living abroad who regularly support their families back home.

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The government believes that the Paisano Card will make sending money safer, cheaper, and easier while also keeping that extra 1% in the sender’s pocket. As the remittance tax takes effect, the Paisano Card could become an essential.