[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Consequences of Mild, Moderate & Severe Plagiarism

Plagiarism: 5 Potential Legal Consequences

When Philadelphia’s Foul-Mouthed Cop-Turned-Mayor Invented White Identity Politics

Trump Wanted to Pardon Assange and Snowden. Blocked by RINOs.

What The Pentagon Is Planning Against Trump Will Make Your Blood Run Cold Once Revealed

How Trump won the Amish vote in Pennsylvania

FEC Filings Show Kamala Harris Team Blew Funds On Hollywood Stars, Private Jets

Israel’s Third Lebanon War is underway: What you need to know

LEAK: First Behind-The-Scenes Photos Of Kamala After Getting DESTROYED By Trump | Guzzling Wine!🍷

Scott Ritter Says: Netanyahu's PAINFUL Stumble Pushes Tel Aviv Into Its WORST NIGHTMARE

These Are Trump's X-Men | Dr. Jordan B. Peterson

Houthis (Yemen) Breached THAAD. Israel Given a Dud Defense!!

Yuma County Arizona Doubles Its Outstanding Votes Overnight They're Stealing the Race from Kari Lake

Trump to withdraw U.S. troops from northern Syria

Trump and RFK created websites for the people to voice their opinion on people the government is hiring

Woke Georgia DA Deborah Gonzalez pummeled in re-election bid after refusing Laken Riley murder case

Trump has a choice: Obliterate Palestine or end the war

Rod Blagojevich: Kamala’s Corruption, & the Real Cause of the Democrat Party’s Spiral Into Insanity

Israel's Defense Shattered by Hezbollah's New Iranian Super Missiles | Prof. Mohammad Marandi

Trump Wins Arizona in Clean Sweep of Swing States in US Election

TikTok Harlots Pledge in Droves: No More Pussy For MAGA Fascists!

Colonel Douglas Macgregor:: Honoring Veteran's Day

Low-Wage Nations?

Trump to pull US out of Paris climate agreement NYT

Pixar And Disney Animator Bolhem Bouchiba Sentenced To 25 Years In Prison

Six C-17s, C-130s deploy US military assets to Northeastern Syria

SNL cast members unveil new "hot jacked" Trump character in MAGA-friendly cold open

Here's Why These Geopolitical And Financial Chokepoints Need Your Attention...

Former Army Chief Moshe Ya'alon Calls for Civil Disobedience to Protest Netanyahu Government

The Deep State against Trump


Immigration
See other Immigration Articles

Title: Flow of Immigrants’ Money to Latin America Surges
Source: The New York Times
URL Source: http://www.nytimes.com/2006/10/19/u ... s.html?_r=1&ref=us&oref=slogin
Published: Oct 19, 2006
Author: EDUARDO PORTER
Post Date: 2006-10-20 16:59:54 by robin
Ping List: *The Border*
Keywords: None
Views: 102
Comments: 3

October 19, 2006

Flow of Immigrants’ Money to Latin America Surges

By EDUARDO PORTER

There is a common cycle to immigration from Latin America. Immigrants arrive in the United States and quickly find work. Several months later — in the case of illegal migrants, as soon as they have finished paying off the smuggler who brought them across the border — they start sending money home.

According to a new report about immigrants’ money transfers to Latin America, the remittances flow from almost every state. Even in states that had virtually no Latin American immigrants only a few years ago, like Mississippi and Pennsylvania, a growing trickle of money is making its way south to places like Tlalchapa, Mexico, or Panajachel, in the Guatemalan highlands.

“Twenty years ago the money was coming from four or five states; now it’s coming from every corner of the country,” said Sergio Bendixen, a Miami pollster who surveyed some 2,500 immigrants, legal and illegal, for the survey on which the report was based.

For the nation as a whole, the flow of money has become a torrent. According to the study, sponsored by the Multilateral Investment Fund of the 47-nation Inter-American Development Bank, remittances from the United States to Latin America this year will total more than $45 billion. That is 51 percent higher than they were only two years ago.

About three-quarters of Latino immigrants who were surveyed send money home regularly, up from some 60 percent in a similar survey in 2004. This may largely reflect growth in the population of illegal immigrants, who tend to send money home more often than others. They accounted for about 40 percent of remitters in the survey, up from a third in 2004.

Moreover, with immigration to the United States a regular part of the life cycle for large numbers of men and women in many parts of Latin America, sending money back to relatives at home has developed into a moral obligation.

“If you don’t send money to your mother, you are a bad son,” Mr. Bendixen said. “Remittances companies say this in their TV ads.”

The study’s estimates on remittances are in line with population figures from the Census Bureau, which found last year that Latin American immigrants made up 6.6 percent of the nation’s household population (that is, excluding people in jail, on military bases and such), more than half the total immigrant population.

The bureau also found that 1.2 percent of the household population of Pennsylvania was born in Latin America, as were 0.7 percent of the population of Ohio and 2 percent of the population of Indiana. These were states with virtually no Latino immigrants five years ago.

According to the data from the Inter-American Development Bank, money transfers from Indiana should approach $400 million this year, with the total from Pennsylvania above $500 million and from Ohio more than $214 million.

Indeed, the study found Latino immigrants sending money from 48 of the 50 states — excluding only Montana and West Virginia, where, Mr. Bendixen said, he did not survey because he expected very few remitters.

In addition to those two states, the survey suffers from very small samples in some with the most recent immigrant populations. But Mr. Bendixen said that in these states, the remittance figures should be off by no more than 10 percent.

The data are consistent with a known pattern in which Latino migrants move from immigrant-heavy states like Illinois to new frontiers like Pennsylvania in search of jobs.

“Somebody who is already here hears about a new plant opening and goes there,” observed Jeffrey S. Passel, a demographer at the Pew Hispanic Institute. “After a while, the word gets back to Mexico, and the migrant stream is no longer from California to a meatpacking plant in Iowa. It’s Mexico to a plant in Iowa.”

The reconstruction of New Orleans after Hurricane Katrina provides an example of how immigrant populations coalesce around jobs. Latino immigrants have flocked to New Orleans, where another study has found that by this summer, they accounted for half the reconstruction force, with 54 percent of them working in the United States illegally.

They too have begun to send money back. According to the bank’s survey, remittances to Latin America from Louisiana should top $200 million this year, a 240 percent increase since 2004.

(1 image)

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

Begin Trace Mode for Comment # 1.

#1. To: robin (#0)

“Somebody who is already here hears about a new plant opening and goes there,” observed Jeffrey S. Passel, a demographer at the Pew Hispanic Institute. “After a while, the word gets back to Mexico, and the migrant stream is no longer from California to a meatpacking plant in Iowa. It’s Mexico to a plant in Iowa.”

Then a hefty flow of money from the plant to the local congressman...

It's all good.

bluedogtxn  posted on  2006-10-20   17:04:51 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 1.

#2. To: bluedogtxn (#1)

It's all good.

Americas wealth flows out and the worlds human surplus flows in.

Cynicom  posted on  2006-10-20 17:19:38 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 1.

TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]