The purpose of this note is to inform you that on August 5th, the National Commission for Foreign Investments (the “Commission”) published at the Federal Official Gazette the General Resolution updating the total asset value threshold set forth under Article 9 of the Foreign Investment Law (the “Resolution”).
Pursuant to said article, foreign investment requires the Commission’s prior authorization for acquiring,directly or indirectly, an equity participation exceeding 49% in the capital stock of Mexican companies, when the total value of their assets exceeds the threshold annually determined by the Commission.
This year, considering Mexico’s nominal GDP growth in 2024 (6.1%) through the Resolution, the Commission set the new threshold at $28,623,925,390.72 (twenty-eight billion six hundred twenty-three million nine hundred twenty-five thousand three hundred ninety pesos and 72/100 M.N.), equivalent to US$1,516,901,186.57 (one billion five hundred sixteen million nine hundred one thousand one hundred eighty-six US dollars and 57/100) as per Banco de México’s official exchange rate published today.
This amount will be applicable as of August 6th, 2025, and will remain in effect until a new resolution is issued.
Additionally, the Sixth General Resolution, published on June 24th, 2024, which had set the threshold at $26,978,252,017.64 pesos (Mexican currency) has been repealed.
Foreign investors seeking to acquire more than 49% of a Mexican company whose assets exceed the new threshold must obtain prior authorization from the Commission, even in the case of indirect acquisitions.
