Thursday, October 19, 2006

Remittances, Remittances

The San Antonio Express-News reports that the top five states for immigrants sending money to families back in Latin America are:

California: $13.3 billion annually

Texas: 5.2 billion

New York: $3.7 billion

Florida: $3.1 billion

Illinois: $2.6 billion

Total annual remittances to Mexico amount to $24 billion.  The full article can viewed by clicking here.

As this suggests, remittances from migrants in the United States are important economically for Mexico and other nations.  That is one reason why other nations pay so much attention to U.S. immigration law and policy.


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