Creating and distributing additional copies is prohibited without the permission of the publisher. Contact subscriptions@latinfinance.com.

Japan's Latin American Ex-Pats and their Impact on Remittances

Apr 1, 2006

 


Japan's Latin American Ex-Pats and their Impact on Remittances

by Jan Smith, Director Financial Services Practice, and Renée-Maude Lebrun, Consultant, InfoAmericas

Until recently, most of the attention on remittances was focused on the US and European channels and little information was available concerning intraregional remittances, or those from Japan. Recent estimates from the Inter-American Development Bank (IDB) reveal that Japan is the second-biggest source of remittances to the region, with Latin American expatriates sending home around $2.65 billion per year to their families at home.

An important characteristic of Latin American migrants in Japan is that they gain access to financial services sooner and more extensively than their counterparts in the United States. The response to which reveals possibilities...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial



LatinFinance Events

Poll

Are populist governments like Venezuela & Argentina turning pragmatic?

Vote    




“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management