Connect with us

Hi, what are you looking for?

CT Lifestyle

Dominicans Sending Largest Percentage Of Their Income To Home Country

Credit: Wikimedia

Credit: Wikimedia


Among the immigrants who earn the least money in the United States, Dominicans are those who send the largest percentage of their earnings back to their home country, according to Manuel Orozco, a scholar with Inter-American Dialogue.
Among migrants earning $25,000 a year or less, those coming from the Dominican Republic set aside an average of 19 percent of their pay to send home in the form of remittances.
This means that if, for example, a Dominican immigrant earns $25,000, he sends $4,750 back to his country.
“Dominicans are a low-income Latino population in the United States. They live in an expensive area in New York, and so they have a high cost of living with low earnings,” Orozco said.
Ninety percent of undocumented workers receive annual salaries of $25,000 or less and send home 11 percent of that, on average.
Those immigrants who have work permits whose income is less than $25,000 per year send an average of 13 percent of their earnings home.
Meanwhile, permanent residents with annual incomes of $25,000 or less send home 19 percent.
Read full story: http://latino.foxnews.com/latino/money/2014/01/10/dominicans-send-more-income-to-family-abroad-than-other-immigrants/

You May Also Like

Community

On a bustling Friday morning, the aroma of rice and beans wafts through a cloud of hairspray in Romy’s Beauty Salon in Meriden. Merengue...

Community

The Dominican community of Meriden celebrated Nuestra Señora de la Altagracia — Our Lady of Altagracia — the “protector of the Dominican people” earlier this month...

Election

Advancing Democracy: Connecticut Solutions Journalism Initiative investigating Latino civic engagement

Sign up for our Newsletter
Stay up-to-date with the latest news from CTLN and the LNN Network.