NEW MEXICO

Over the last few years, New Mexico has turned into a “home-away-from-home” for streaming sites and production companies. In 2018, Netflix moved in, with a 170,000-squarefoot studio in Albuquerque planned to be their “main production facility in North America.” Later on, in 2021 (same city), NBCUniversal opened its own studio, hoping to “further elevate New Mexico into the film world.” While the state still isn’t quite there yet, perhaps your next project is what it’s been waiting for. Contact Film New Mexico to learn more.

for generations. The mountains, valleys and vast rivers of the region can replicate the 19th century or the 23rd, and immense horizon lines make for stunning compositions no matter your subject matter.

Incentive Type: Non-Transferable Refundable Tax Credit

Incentive Amount: 25-35% (residents and nonresidents)

Minimum Spend: None

Bonus: 5% increase for productions that shoot in rural areas, defined as 60 miles outside the counties of Bernalillo (home to Albuquerque) and Santa Fe

Audit Requirements: –

Application: Productions must submit the Film Production Registration form and the Film Production Tax Credit Agreement form to the New Mexico Film Office two weeks prior to the beginning of principal photography. A production can expect to wait 8-10 months after wrap to receive their earned credit for applications submitted prior to July 1, 2019.

Sales Use Tax Relief: Yes

Hotel Occupancy Tax Relief: Yes

Sunset Date: None

Incentive Type: Rebate

Incentive Amount: 10-38%

Minimum Spend: %25,000

Bonus:

Up to a 3% uplift for at least 25% of main crew principal photography on location in a county of less than 250,000 residents.

If 25% filmed on location in a county less than 250,000 residents: 2% uplift

If 35% or more filmed on location in a county less than 250,000 residents: 3% uplift

Audit Requirements: An audit by a pre-certified Oklahoma CPA is required.

Application: Apply no more than 1 year prior to preproduction and no less than 45 days prior to preproduction (14 days prior to post on post-only projects).

Sales Use Tax Relief: Yes

Hotel Occupancy Tax Relief: No

Sunset Date: No