international remittances

What Are Remittances And Why Are They Important To Mexico?

by

What Are Remittances And Why Are They Important To Mexico? For Mexico, remittances are an impor- tant source of income and stability. In poor- er parts of the country, such as the central and southern states, the additional income from family members in the U.S. is crucial to sustaining living standards and propping up local

How Much Money Do Immigrants Send Home?

by

How Much Money Do Immigrants Send Home? International money transfers made by migrant workers and immigrants sending a portion of their earnings to their families in their country of origin are known as remittances. Remittances are an important aspect of the global economy, totaling an estimated $601 billion (USD) for the year 2015. What is