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Thread: Migrants sent nearly $1B less to Latin American countries in April as COVID-19 struck

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    Administrator Jean's Avatar
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    Migrants sent nearly $1B less to Latin American countries in April as COVID-19 struck

    by Anna Giaritelli, Homeland Security Reporter | | August 31, 2020 06:06 PM

    Migrants in the United States remitted $981 million less to family in Mexico and five other Latin American countries in April than the same month last year, as the coronavirus struck the Western Hemisphere, according to a study released Monday afternoon.

    Remittances, or money sent via wire transfer, from within the U.S. to Colombia, the Dominican Republic, El Salvador, Guatemala, Honduras, and Mexico dropped 17% to a total of $4.82 billion during the first full month that many American cities and states implemented stay-at-home orders and businesses closed down, a Pew Research Center analysis found.

    El Salvador, Guatemala, and Honduras, whose citizens made up the majority of people arrested by U.S. Customs and Border Protection for illegally crossing the southern border during the 2019 humanitarian crisis, saw the largest percentage decline in the first half of 2020 over any previous period since the 2009 Great Recession. Remittances make up 14% to 22% of the total gross domestic product in each of the three Northern Triangle countries of Central America, an indication that the drop in incoming foreign money could hurt each country's economy and even prompt migrants to flee to the U.S. or elsewhere. Remittances have slowly increased several percentage points each month since April.

    Mexico saw a decline from March to April after seeing an unprecedented spike in funds sent from the U.S. from February to March. Remittances to Mexico were 35% higher in March, when $40 billion was received, than a year earlier, but they then dropped as much in April to break even with the amount remitted in April 2019.

    Migrants sent home a record high of $714 billion in 2019, of which $71 billion was sent to the six Latin American countries. Remittances worldwide are expected to drop in 2020 due to the pandemic and the effect the economic hardship has had on workers globally, the Pew Research Center report states. Migrants in the U.S. remit more money to other countries than any other nation.
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  2. #2
    Senior Member Beezer's Avatar
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    Apr 2016
    The best that could happen is they have NO work and will self-deport.

    It is expensive to live here and they cannot afford it.

    No more school, no housing, no healthcare, no welfare or foods stamps

    And no more anchor baby.

    Make them self-deport by the thousands!

    Their countries need to clean up their gang problem, create jobs, so they can be prosperous on their own soil. They have land, they have resources, shut that border down.

    No more immigration from anywhere!


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