ENCHANTMENT
FILM
STUDIOS
Why New Mexico
NEW MEXICO OFFERS A 25-35% REFUNDABLE TAX CREDIT.
Beauty of New Mexico
Tax Incentives
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Standalone Pilots Intended For Series Television and Series Television standalone pilots intended for series television production in New Mexico
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series television production must be: intended for commercial distribution have an order for at least six episodes in a single season NM budget of at least $50K per episode
Tax Incentives
An additional 5% credit is available if certain criteria are met regarding the use of qualified production facilities (soundstage / western set).
Tax Incentives
5% Uplift Zone Filming
An additional 5% shall be applied for payments for direct production expenditures and postproduction expenditures in New Mexico areas that are at least sixty miles outside of the exterior boundaries of Bernalillo and Santa Fe Counties.
Tax Incentives
Operation Soundstage (OSS)
New Mexico veteran program under the Film Crew Advancement Program (FCAP). This program helps to attract veterans with transferrable skills to the film industry and fast-tracks them into IATSE Local 480, the local below-the-line crew union in New Mexico. If a production is participating in OSS, a total of three FCAP positions per department are allowed, 2 FCAP participants, and one OSS/FCAP participant