NewsWhore
06-06-2007, 03:10 PM
A recent study in Spain reveals that 88% of Dominicans immigrants send money back home. While the Dominicans lead the list of people who send money, they are also among those who send the lowest amount of money. The study was carried out by the Inter-American Development Bank (IDB)'s Multilateral Investment Fund, and financed by the Spanish Ministry of the Economy. The study, as reported in Hoy newspaper, revealed that 77% of Dominican emigrants send less that EUR200 each month. The study explains that emigrants send money home to help support their families. On the other hand, Argentineans, who make up the group of Latin Americans with the highest income levels, only showed 52% of their emigrants sending remittances back home. The average remittance for all Latin Americans was EUR270, and the average Dominican remittance was below that level. Dominicans are the second lowest wage earners in Spain, preceded only by the Bolivians. Nearly half of the Dominicans (48%) earn incomes of less than EUR10,000 per annum and 45% earn more. In total, Latin Americans sent EUR3.730 billion back home. Dominicans are increasingly taking jobs as domestic help (maids, nannies and chauffeurs), construction (carpenters, painters, etc) and in the services industries (cooks, waiters, hotel staff).
More... (http://www.dr1.com/index.html#9)
More... (http://www.dr1.com/index.html#9)