Mexicans in US sending less money home

5/4/2016 The Hill

us mex flagMexican immigrants in the United States are sending less of their income to family members in Mexico, according to a new study.

The study, conducted by the Center for Latin American Monetary Studies (CEMLA), found that Guatemalan immigrants remit more funds than any nationality, at 30 percent of their earnings.

Mexicans sent 10.15 percent of their earnings in 2014, compared to 12.47 percent in 2007. The study attributes the reduction to reduced immigration from Mexico. In 2007, 2.4 percent of Mexican immigrants had lived in the United States for less than a year. By 2014, that number dropped to 1.2 percent.

Immigrants from Mexico and Central American countries who entered the United States before 2010 are also much more likely to send remittances, as are younger immigrants and those who have a mortgage.

Older and disabled immigrants, on the other hand, are much less likely to send remittances.

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