One balance.
Zero workarounds.

Monitiva doesn't determine your tax residency, that depends on your actual situation, like your ties and time spent in the country, where your income comes from, and where your life is centered, under CRA and SAT rules. Monitiva simply lets you pay your expenses in Mexico from your CAD balance. Since every case is different, and tax residency rules can be complex, it's worth keeping a trusted tax advisor in your corner to confirm how they apply to you.

As a tenant paying rent and utilities, you generally don't need an RFC for that. An RFC becomes relevant if you're earning income in Mexico yourself, for example, renting out a property you own, which can carry its own tax obligations under Mexican law. Monitiva doesn't advise on tax matters, so if you're earning any income in Mexico or are unsure whether an RFC applies to your situation, check with a Mexican tax professional.

This depends on your specific situation, including your employer, how much time you spend in Mexico, and the applicable tax treaty. It's not something Monitiva resolves or replaces, so it's worth checking in with your tax advisor as your plans take shape.

Yes, through retail cash withdrawal, without the international ATM fees or exchange house markups that typically apply. You'll always see your all-in cost upfront.

A regular transfer moves funds into an account, but it stops there. Monitiva also lets you pay bills using the provider's official reference (CFE, predial, HOA, and more), send money instantly to any account in Mexico, and withdraw cash at retail locations, all without needing a Mexican bank account.

It covers bill payments with a service reference, transfers to any CLABE, and retail cash withdrawals. If something can only be paid in cash directly to a person, you may need to withdraw first rather than pay straight from the app.