New Mexico State Taxes
Choosing New Mexico as an RV Domicile State
The nice thing about having no ties to any state is the ability to choose your RV domicile, or RV home base. You can find a state that offers the best set of options for you and your family, depending on your individual needs. Of course, not every full time RV family has the ability or option of choosing their domicile. See the following page to determine if your domicile has been chosen for you:
Choosing an RV Domicile
New Mexico State TaxesFor most states, the most important consideration when choosing an RV home base is the way income taxes will affect you.
Most states charge residents an annual income tax, in addition to their federal income taxes.
New Mexico state taxes include both income and sales tax.
New Mexico Drivers License and License PlatesMore items to consider with New Mexico state taxes are the New Mexico drivers license and license plates and tags fees. All of these fees vary by state, so these New Mexico state taxes are something to compare and to take into consideration when choosing an RV domicile. Most of these fees are reoccurring.
RV Insurance and New Mexico Auto InsuranceWhat state you call home determines your automobile insurance requirements.
Each state is different, and the coverage required might contribute to your RV domicile decision.
New Mexico auto insurance requirements are as follows. Information on how to obtain New Mexico RV insurance is also included.
Voting in New MexicoVoting is important to most Americans.
State politics might also be a consideration to take into account when choosing an RV home base. Here is the information on voting in New Mexico.
New Mexico Homeschool InformationEvery state in the United States has different homeschooling laws and regulations. Some states are very difficult to homeschool in, some states are very easy, while most states fall somewhere in the middle. As homeschooling laws go, New Mexico homeschool regulations are pretty friendly.
New Mexico homeschool laws state that parents must file a letter of intent to the state, not the local board. Parents must possess at least a high school diploma in order to teach their children. Subjects required are: reading, language arts, mathematics, social studies, and science. There is no evaluation or standardized testing in New Mexico homeschool, nor any curriculum approval.
New Mexico Homeschool Links
Other Domicile TidbitsThough New Mexico state taxes and New Mexico homeschool laws are probably the biggest concerns you'll have when deciding on making New Mexico your RV domicile state, other information might make a difference as well.
The weather may play a factor for you if you plan to set up some sort of home base in the state, and the regulations on gun permits are a very hot topic with many RVers.
RV Domiciles in Other StatesNew Mexico state taxes not what you were thinking? Don't worry! There are 49 more states to choose an RV domicile from! Check out the following resources to help you to make your full time RV living decision.
DisclaimerThis RV home base and domicile guide is intended to assist you with making a decision on which state to call home. Though we have done our very best to find current laws and tax rates, each state has the ability to change their rules at any time. Please follow the links above and verify everything before making a decision.
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