Mexico does have a digital nomad visa, officially known as the "Temporary Resident Visa for Remote Workers" or "Visa de Residente Temporal para Trabajadores Remotos" in Spanish. This visa was introduced in March 2021 and allows digital nomads to live and work in Mexico for up to two years.

To be eligible for the digital nomad visa in Mexico, you must meet certain criteria, including:

Proof of remote employment or self-employment with a foreign company
A minimum monthly income of $1,620 USD or a bank account balance of over $27,000
Health insurance coverage valid in Mexico
A valid passport with at least one year of validity
No criminal record
The Application Process for The Digital Nomad Visa for Mexico

The application process for the digital nomad visa in Mexico can be done at a Mexican consulate or embassy, and it typically takes around four to six weeks to process. Once approved, you'll have up to 30 days to enter Mexico and activate your visa.

https://www.internationalteflacademy.com/blog/how-to-be-a-digital-nomad-in-mexico#:~:text=Mexico%20Digital%20Nomad%20Visa%20Requirements&text=P...

I have no idea what the income tax or other financial implications are.