Tag Archives: Remittances

Remittances to Mexico Down Fourth Straight Month

For the fourth straight month, remittances sent from Mexicans in the U.S. to Mexico were down. Last month I reported that June remittances were down from the previous June. This month it was reported that July remittances were down from … Continue reading

Posted in Economy, Immigration | Tagged , , | Leave a comment

Remittances to Mexico in Decline – May Be Related to U.S. Immigration Crackdown

Remittances, funds sent from Mexicans in the U.S. back to Mexico, are going down. In a previous article I reported that remittances in May 2025 were down 4.6% in comparison to May 2024, a year earlier. Now the figures are … Continue reading

Posted in Economy, Immigration | Tagged | Leave a comment

Mexican Government Offers Finabien Card for U.S.-Resident Mexicans to Avoid Remittance Tax

One element in the recent “Big Beautiful Bill” passed by the U.S. Congress and signed by President Trump is the tax on remittances. Here’s the Wikipedia definition of “remittance”: “A remittance is a non-commercial transfer of money by a foreign worker, a … Continue reading

Posted in Foreign Policy, Immigration | Tagged , , , , , , | Leave a comment

Remittances from the U.S. to Mexico

Remittances are funds sent by migrants to their home country. After India, Mexico is the second-largest recipient country of remittances in the world. Most of that money is sent by Mexicans in the United States. About 40% of it is … Continue reading

Posted in Economy, Immigration | Tagged , , , , , | Leave a comment

Did Mexican President Sheinbaum Incite the Riots in Los Angeles?

Did Mexican President Claudia Sheinbaum incite the anti-ICE riots in Los Angeles? That charge has been circulating on the internet. On June 10th, DHS Secretary Kristi Noem said that “Claudia Sheinbaum came out and encouraged more protests in LA, and … Continue reading

Posted in Foreign Policy, Immigration | Tagged , , , , , , , , , , | Leave a comment