Manuel Orozco, member of the Financial Services Advisor board and director of the Migration, Remittances and Development Program at the Inter-American Dialogue: “Remittances to Mexico will increase 18 percent in 2022, almost as much as the region’s 14 percent projected growth. The case of Mexico is one about a continued migration uptrend that has shown signs of increase since 2018. By 2022, the U.S. Department of Homeland Security is expected to reach nearly 900,000 apprehensions of Mexicans, with the first six months of this year showing a 30 percent increase from 2021. Overall new migration, additional to legal authorized entries through H2 visas and family unification, will add 350,000 Mexicans, 70 percent of whom will send money, in 2022. In addition, the average amount sent among all Mexican migrants is at least 3 percent more than the year before. Together with new migrants, they are contributing more than $60 billion annually, or 4.75 percent of Mexico’s national income, in remittances. Finally, many Mexicans who would have returned to Mexico are staying…”
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Covering Latin America’s banking and insurance sectors, remittances trends and data, micro lending issues, new technologies in the industry, anti-money laundering regulations, and much more, the Inter-American Dialogue’s biweekly Financial Services Advisor, a sister publication of the Latin America Advisor, gives readers fresh insight and diverse viewpoints from financial sector leaders. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.













Gene Kuleta
Editor
P. 202.463.2920
E. gkuleta@thedialogue.org
Carl David
Goette-Luciak
Reporter
Nili Blanck
Reporter
Ernesto Armenteros
Vice Chairman
of the Board,
Banco de Ahorro y Credito Union
Jimena Blanco
Chief Analyst,
Verisk Maplecroft
Richard Child
CEO,
Mattrix Group
Michael Diaz
Partner,
Diaz, Reus & Targ, LLP
Ernesto Fernández Holmann
Chairman of the Board,
Ayucus
Desiree Green
Vice President,
Int’l Gov’t Affairs,
Prudential Financial
Earl Jarrett
Deputy Chairman & CEO
The Jamaica National Group
Barbara Kotschwar
Professor of Political Economy,
Georgetown University
Thomas Morante
Attorney,
Carlton Fields
Manuel Orozco
Senior Fellow,
Inter-American Dialogue
Adalberto Palma Gómez
Senior Partner,
Aperture SC
Rodolfo Pittaluga
Adjunct Professor,
Florida International University
College of Law
Roberto Teixeira da Costa
Founder & Board Member Emeritus, CEBRI
Mario Trujillo
CEO,
DolEx Dollar Express
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