remittances

Who Owns the Assets Acquired with Remittances?

By Carmen Diana Deere and Gina Alvarado
March 8, 2017
ecuador home

One of the motivations for international migration is often to save enough from work abroad to purchase a housing lot and/or construct a dwelling or to acquire other assets such as consumer durables.  But who owns the assets acquired with remittances?  The migrant who sends them, the remittance manager in the country of origin, or both together? And does the gender of the remitter or remittance manager matter?

Challenges to El Salvador’s Focus on Migrant Remittances

By Joseph Wiltberger
April 26, 2016

More than a fourth of the total Salvadoran population lives outside of El Salvador, and migrants’ remittances account for the country’s largest source of income 1 2. According to the World Bank, El Salvador has become one of the world’s top recipients of remittances as a share of GDP (Ratha & Silwal 2012).  As emigration grew throughout the postwar period following displacements from the country’s 1979

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