TRANSFERTS FINANCIERS ET D' ARGENT

Rep Tom Tancredo talk about the effect of remittances in the United States

Haitians unable to send money home

Nearly thirty percent of Haiti's economy is based on remittances from family members who have left for a better economic life, including many of whom now live in the United States.

But as the US economic crisis leaves many people without work, fewer Haitians are able to send money back home

 

remittances and migration experience in Latin America and the Caribbean

Exploring the social and labor dimensions of the migration experience in Latin America and the Caribbean

 

money transfer : example from El Salvador and the United States.

Migrants from developing countries transfer huge sums of money around the world. Each year, they send more than 360 billion euros to their home countries. Without these remittances, many developing countries would lose an important source of capital.

This report on an example from El Salvador and the United States. Elmer, Hector, and Dalila Cortez are illegal immigrants in the USA. With the money they earn, they support their family in El Salvador. Today, migrants support whole communities in El Salvador. They help out where their governments can’t. A report in collaboration with the United Nations.

 

 

Remittances from Spain

Latin American immigrants sent a record 5 billion dollars from Spain to their countries of origin during 2006, according to a new study by the Multilateral Investment Fund. The Spanish banking system has succeeded at delivering services that best respond to immigrant needs - after three years as residents, 90% of the immigrants have their own bank accounts and one out of six has purchased a home with Bank credit.