Private Wealth Law
High Net Worth Guide 2024 : Mexico
Band 2
Contact number
+52 55 5279 2900About
Provided by Baker McKenzie
Summary
Our key practices that serve the private wealth sector are the wealth management tax practice group and the financial institutions industry group. Intense scrutiny for high-net-worth individuals and families results in complex challenges for our wealth management clients. At Baker McKenzie, we offer pragmatic advice to help clients preserve and increase their wealth and comply with applicable laws. We help plan for succession and manage investments with trust, Clients come to us for our vast experience in the industry to develop reliable wealth solutions that add value and protects our clients’ assets under law.
Private Clients: Individuals and Families
We offer advice on family wealth management, focusing on cross-border tax compliance as well as pre-migration planning. We help families and family offices know firsthand tax implications for commercial and personal projects and develop strategies to minimize risks in any jurisdiction where they handle assets.
Corporate Clients
We design and strengthen compliance policies, such as client information knowledge (KYC) and authorities reporting (FATCA & CRS), tax withholding, customs proceedings, and so on. We provide a guide on money laundering investigations and compliance with the Federal Law for Prevention and Identification of Transactions Involving Funds from Illegal Activities.
Disputes
We help our clients handle audits by tax authorities and disputes by seeking favorable and comprehensive solutions.
Chambers Review
Baker McKenzie combines legal and practical knowledge of the wealth management industry.
Strengths
Provided by Chambers
"Baker McKenzie's team is very well prepared with deep knowledge. Very strong and consistent with the delivery."
"They provide in-depth analysis of different angles in complex cases. As it is an international firm, we received in-house support from experts outside Mexico, too."
"Baker McKenzie's team is very well prepared with deep knowledge. Very strong and consistent with the delivery."
"They provide in-depth analysis of different angles in complex cases. As it is an international firm, we received in-house support from experts outside Mexico, too."
Notable Practitioners
Javier Ordoñez Namihira has expertise in life insurance matters and reorganisation of holding structures. He is also highlighted for his cross-border tax and wealth structuring expertise.
"Javier Ordoñez Namihira is a great lawyer and a very friendly person."
Jorge Narváez-Hasfura is a well-regarded tax specialist with a strong practice in tax planning for high net worth clients.
"Jorge has been around a long time and has a good list of clients in this practice area."