Immigrants in EU members send 19 billions Euros to third countries

In year 2006 immigrant in EU members sent into their former country 26 billions €. Mass of money (19.2 billions) was sent out of EU members, 6.8 billions € was sent into other EU member country. In 2005 workers sent 23 billions out of EU, and into other EU member country 6,1 billion EU.

Immigrants usually send money on next relations (data for year 2004) Germany-Turkey, France-Morocco, France-Portugal, Spain-Morocco, Spain-Columbia, Germany-Poland, Spain-Ecuador, France-Algeria, Italy-Albania in Germany-Serbia.

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7 thoughts on “Immigrants in EU members send 19 billions Euros to third countries

  1. Few months ago I was reading about one country which more than a half of countries budget represent money sent from people working abroad. GDP p.c. in Kosovo according to last evaluation is about 1100 €, similar that in Sudan and Philippines. Their economy is really weak. More than a half of citizens of Kosovo leaves in hunger, 37 percent leaves in poverty with 1.42 € a day, 15 percent leaves in a big poverty with less than 0.93 € per day. There is not many places to find work. That’s why people in Kosovo really depends of people working abroad. Last information reveals that more than 375.000 Kosovo people is working abroad.

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  2. One summer I was working, it was in Slovenia, and I met one guy from Bosnia who was working in a construction field, working the dirtiest and most difficult tasks. We started to make conversation. He told me he is a professor with PhD and in Bosnia he works as a professor on University, but still in summer time when he doesn’t have classes he has to go work abroad that his family can survive. Interesting for me was that people with really high education work in worse possible condition when a lot of people in Slovenia who are unemployed for a long time don’t wont to work like that.

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  3. In year 2004 four of the world’s largest recipients of remittances as a proportion of GDP were Moldova, Bosnia and Europe anHerzegovina, Albania and Armenia. Remittances formed more than 15 percent of GDP and growth rate of remittances to these countries has accelerated. Empirical evidence on the economic impact of remittances is not clear. Remittances can reduce poverty and increase household savings and investments in these countries. At the same time remittances can exert upward pressure on the real exchange rate and reduce the competitiveness of export. So we can expect crowing emigration from Commonwealth of Independent States to EU.

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  4. Yeah i agree with this i work in a hotel part time so i see many of these people, the kitchen porters are nearly always a couple or friends from either slovakia or poland who are over in the uk to work for maybe a year to make money to take home to their family. The night porter in our hotel is also a migrant from india he works the night shift a job position which is very difficult to find people to fill i have had many conversations with him, he first came over here 2years ago alone and found this job he knew no english at all but since working in the hotel he has improved his english immensly and every month sends a portion of his wage home to his family he told me that the amount of money he has made in just 2 years in scotland would make him a rich man in india.

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  5. There is also a woman from china who at home is a physics lecturer yet in the uk she works as waitress on a wage of £5.75 an hour because her standard of english is not yet good enough to teach.

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  6. I am originally from Germany and it is indeed rather evident that the above-mentioned facts are true.
    Especially within the turikish working population in Germany( which is the biggest migrant group, followed by Italians and Polish). A lot of these workers were allured to come to Germany, when Germany was suffering from labour shortage at times of economic boom.
    Integration was however, not managed successfully, which lead to many social problems.
    As Germany is now drawing in highly-skilled young spanish workers, one can only hope that integration plans are thought through better to allow migration to help both countries involved.

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  7. It is a shame that they don’t tell where the money from the Netherlands goes. Because on the one hand there are a lot of migrants from Turkey, Morroco and Netrhelands Antilles. But this are third generation immigrants now, so they don’t have really close family living in their home country. The trend in Holland is Polish labours, but unfortenately there won’t be good statistics about this since most workers are illegal. I think that there are also a lot of illegals are working in other European countries, so in my opinion it will be an amount much higher than 18 billions.

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