If they get deported, they rather send as much as they can now so that the relatives can be covered, considering that once they are deported, they won’t be able to continue to send the money.
Remittances would grow by just 2% in 2025 if 500,000 of the migrants already living in the United States illegally were deported.
Mr Trump’s policies are unlikely to stop migration entirely. In fact, his aggressive approach could push more people into trying to reach the United States by increasing economic instability, which, along with corruption, drives emigration. Countries struggling to provide jobs and services will be hard hit by any fall in remittances, which make up one in four dollars circulating in the region. If just 10% of those under orders to be removed and 65% of those detained are deported, the annual growth in remittances sent to Nicaragua would drop from 55% in 2023 to 6% this year.
[Unlike Mexico, a major manufacturing country,] they don’t have an alternative economic growth strategy.
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