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Published on Tuesday, November 3, 2020 | Updated on Thursday, November 5, 2020

Mexico | 5 pending issues on the U.S. immigration agenda with Mexico, 2021-2024

Summary

1) the expansion of the border wall, 2) the possible tax on remittances, 3) the policy of apprehensions and the migration discourse, 4) the future of the Dreamers, and 5) the policy for asylum seekers, mainly Central Americans, and the program "Stay in Mexico."

Key points

  • Key points:
  • In September, 3,568 million US dollars (md) entered the country, which is equivalent to a growth of 15.1% compared to the same month of the previous year. Thus, remittances to Mexico add up to nearly USD $30 billion in the first 9 months of the year, and it is estimated that they will close 2020 with an accumulated amount of USD $40 billion.
  • This November 3, the general elections are held in the United States, in which 239 million eligible people of voting age will appoint their president for the next four-year period. The candidate who is elected will define the future migration agenda that will undoubtedly affect migration and remittances of Mexico.
  • 5 relevant issues on the agenda between Mexico and the United States are analyzed that will have an impact on the migration of Mexican people to the United States, of Central American people who transit through Mexico, and on the flow of remittances to our country and to Latin American and the Caribbean region.
  • 1) the expansion of the border wall, 2) the possible tax on remittances, 3) the policy of apprehensions and the migration discourse, 4) the future of the Dreamers, and 5) the policy for asylum seekers, mainly Central Americans, and the program "Stay in Mexico."

Geographies

Topics

Documents and files

Report (PDF)

Agenda_Migratoria_Remesas_Mexico_2021_2024.pdf

Spanish - November 3, 2020

Report (PDF)

Issues_Migration_Remittances_Mexico_2021_2024.pdf

English - November 3, 2020

Authors

JL
Juan José Li Ng BBVA Research - Senior Economist
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