Are there social contributions in Mexico?

Yes, employees in Mexico pay social contributions, which are called "social security contributions" or "IMSS contributions" (Instituto Mexicano del Seguro Social). These contributions are mandatory and fund healthcare services, retirement pensions, disability insurance, and other social programs. Your employee contribution rate is around 1.8% of your gross salary. For example, if you earn 20,000 MXN per month, your social contributions would be about 360 MXN. Employers also pay a significant portion, contributing roughly 13.9% of your salary to IMSS. These contributions grant you access to the public healthcare system (IMSS) and build your eligibility for a retirement pension. While the public healthcare system is generally good, many expats opt for private health insurance for broader coverage and shorter wait times, even while still contributing to IMSS. Factor these contributions into your budget, remembering they provide a safety net for health and retirement, even if you supplement with private options.