FILM IncentiveS Program
New Mexico set the standard for film production incentives and still maintains one of the most robust incentives programs in the country.
We highly encourage filmmakers and producers to meet with representatives from the NM State Film Office and the Santa Fe Film Office. They would love to hear about your project and assist you with all your production needs. In the meanwhile, here's some starter information:
New Mexico’s 25-30% Refundable Tax Credit applies to:
Films (features, independents, shorts, student films)
Television projects (pilots, series, MOWs, reality)
Commercials (regional, national and internet)
Post-production & stand-alone post-production
No minimum spend requirement
No minimum budget requirement
No application fees
No sunset clause
Additional 5% Tax Credit
For pilots and TV series (to all qualifying New Mexico expenditures, including New Mexico resident crew) as well as feature films (for which the additional 5% applies only to New Mexico resident crew).
The $50 Million Cap
New Mexico authorizes up to $50 million per fiscal year (July 1 - June 30) to be expended on film tax credits. If that full amount of $50 million has been expended, no worries, your production will still receive the credit (the payment being rolled over to the beginning of the following fiscal year).
New Mexico isn’t very stringent about acquiring permits, but keep in mind that they are required for production on federal, state-owned and tribal properties and lands. Permits are also often required for production on city properties, especially historical sites and public streets, as well as for special use of county roads and state highways.
When you find yourself looking to trailblaze through your production, you should seriously consider why so many continue to chose Santa Fe.
Founded in 1609, incorporated in 1891, Santa Fe is the oldest capital city (and the second oldest city overall) in North America.
Santa Fe boasts a large and diverse pool of talent, with hundreds of SAG-AFTRA members.
New Mexico is home to the largest skilled resident crew base between the East and West coasts.
Average 270 days of sunshine per year. Santa Fe’s high elevation gives it four distinct seasons while also providing cool productions in the summer and winter productions that are often full of sunshine.
• #2 Best Town to Live + Work — MovieMaker
• One of the 10 hippest mid-size cities in America — GoGoBot
• #1 in top 10 art cities in America — AARP
• 3rd best small city in the U.S. — Condé Nast Traveler
• #1 in the world for sense of place — National Geographic
• 4th best U.S. city for travelers — Travel + Leisure