“The evidence is clear: when migrants have access to rights and opportunities, they contribute substantially to the societies that house them,“Kristina Mejo said, the agency’s head in Ecuador.
Venezuelans currently total around 441,000 in Ecuador, with homes that pay almost $ 47 million in taxes annually.
Their contributions have been enabled by public policies that simplified the documentation processes, expanded access to formal jobs, social services and financial services and recognized academic titles.
These steps have increased productivity while helping to integrate migrants into the system.
Barriers and inequities
However, despite these profits, there are significant challenges.
Most Venezuelans are young, more than 70 percent are between 18 and 39 years old, but about two thirds work in the informal sector. Only 30 percent are used in their field of specialization.
Women, in particular, face even more steep obstacles: almost 70 percent work informally and many earn below the minimum wage.
Migration and remittances worldwide
The study occurs when global remittances, money sent home by migrant workers continue to increase.
The IIM World 2024 world migration report shows that transfers increase from $ 128 billion in 2000 to $ 831 billion in 2022, which underlines the growing economic weight of migration.
High income countries, led by the United States, are the main sources. In 2022, only the United States sent $ 79 billion abroad, supporting families and strengthening global financial ties.
Similarly, migrants in Saudi Arabia sent home $ 39.4 billion, followed by those of Switzerland ($ 31.9 billion) and Germany ($ 25.6 billion).
India, Mexico, China, Philippines and Egypt were (in descending order) the five main remittance recipient countries, with India well above the rest.
Internal remittances in India exceeded $ 111 billion, the first country to reach and even exceeds $ 100 billion.