Bottom Line Up Front
Today’s verdict: Brazil and Mexico are both out of the World Cup, leaving Argentina and Colombia as Latin America’s last two, both playing tomorrow — as markets reopen and the region’s tax authorities tighten the net on long-staying foreigners.
Brazil and Mexico are out. Norway stunned Brazil and England beat Mexico at the Azteca in Sunday’s last 16. Argentina and Colombia are the region’s last two, and both play on Tuesday.
The tax net tightens region-wide. Across Latin America, spending more than 183 days can make you a tax resident on worldwide income. The triggers differ by country, and enforcement is sharpening.
Colombia’s handover ramps up. The sectoral transition commissions install on Tuesday, with the calendar running to July 31. Nothing changes for foreigners before the August 7 inauguration.
