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From its lowest point, in 2013, to 2022, remittances to Mexico have grown a total of 162.3%, positioning it as one of the main sources of foreign currency for the country. Thus, an important question to analyze is: Does Mexico receive more currency flow through remittances or through Foreign Direct Investment?
After a long working life, in the collective imaginary is to retire with dignity and move to a quiet place and with good weather: sun, sea, beach, etc. Not everyone will achieve this idyllic dream, but there are a group of people who are doing it: the Baby Boomer retirement migrants.
98.9% of the remittances arrived in Mexico through electronic transfers, 95.5% came from the United States and 82.3% were paid in non-banking institutions. Jalisco, Michoacán and Guanajuato were the states that received the most remittances, e…
Mexico consolidates as the second country that receives the most remittances, it will surpass China by more than 7 billion dollars, which is in third position in 2022. Despite the adverse economic conditions, the World Bank forecasts that world…
Remittances have accumulated a 30-month consecutive upward streak, since May 2020. Despite their dynamism, the inflation in basic basket products (+8.4% in October 2022) and the strength of the Mexican Peso against the US dollar have stagnated …
Within the framework of the FIFA World Cup in Qatar 2022, it is important to highlight the notable investment in migrant labor made by the Arab country for the construction or remodeling of eight stadiums, along with an infrastructure plan to communicate and host more than a million visitors to the great event.
In 2020, there were 35,046 Baby Boomer retirement migrants residing in Mexico. More than half are from the U.S., followed by Spain and Canada, 3 out of 5 are men, 4 out of 5 are between 60 and 79 years old, more than half have bachelor's, specialty, master’s, or doctoral studies.
Remittances add up to a streak of 29 consecutive months of growth, which began in May 2020. Latinos constitute up to 34.3 million voters in the US, 14.0% of the voter registry in the elections on November 8, surpassing the self-identified popul…
So far in 2022, remittances to Mexico show a lower performance in relative terms compared to other countries in the Latin American and Caribbean region such as Guatemala (+20.8%), Honduras (+20.6%), Nicaragua (+ 38.4%) and Brazil (+25.4%).
Book edited by BBVA Research, BBVA Foundation and the National Population Council (CONAPO) made up of 10 chapters that addresses the main statistics on the multiple migratory flows and human mobility, and remittances at a global level, with an …
Remittances accumulate three consecutive months marking a historical record. Despite the contraction of GDP in the US, the unemployment rate is at very low levels, which have only been lower for more than 50 years.
In the first half, remittances to Chiapas grew more than 70% and surpasses Puebla and Veracruz. In Michoacán, remittances (4,056 million dollars) represented 105.4% of the total amount of state income (3,849 million dollars) in 2020.
