HomeArchiveRemittances to Guatemala Hit record in 2007

Remittances to Guatemala Hit record in 2007

GUATEMALA CITY — The sending of remittances from abroad back to Guatemala hit a record level of nearly $4.13 billion in 2007, despite the increase in the deportation of undocumented Guatemalans from the United States.

Guatemala’s central bank said Thursday on its Web page that remittances sent home to their families by people working abroad last year exceeded the 2006 level by $518.6 million. Despite the fact that last year U.S. immigration authorities increased the deportations of undocumented Guatemalans, remittances back to this Central American country did not decline.

 

Trending Now

Cocaine Seizures in Costa Rica Jump Nearly 50% in 2026

Costa Rican authorities seized more than 40 metric tons of cocaine during the first eight months of 2026, a nearly 50% increase over the...

Toys “R” Us Weighs Going It Alone in Costa Rica

The Panamanian company that holds the regional Toys "R" Us rights puts a Costa Rica store at about $300,000 and is weighing whether to franchise or run stores itself.

New Rival Enters UN Leadership Race as Costa Rica’s Grynspan Faces Deadlock

Costa Rica's Rebeca Grynspan faces a new challenge in her campaign to become the next United Nations secretary-general after a senior diplomat from the...

Costa Rica Faces an $882 Million Revenue Hole as Courts, Police and Schools Take Cuts

Costa Rica expects to collect about ₡400,000 million ($882 million) less than it budgeted for 2026, and the Finance Ministry is asking lawmakers to...

Costa Rica and DEA Expand Drug Investigations to Politicians and Business Leaders

Costa Rica is expanding its cooperation with the United States Drug Enforcement Administration (DEA) to investigate suspected drug traffickers operating behind legitimate businesses and...

Costa Rica Mayor Investigated in Guanacaste Beachfront Hotel Permit Scandal

Costa Rican prosecutors are investigating the mayor of Santa Cruz, his son and seven others over suspected irregularities involving beachfront hotel construction permits and coastal land concessions in Guanacaste.

Bryan Ruiz Named Costa Rica Head Coach After Two Wins as Interim

Costa Rica has named former captain Bryan Ruiz head coach of its men's national team, giving the permanent job to the man who led...

Spotify Introduces New Family Plan Verification Rules in Costa Rica

Spotify is tightening its rules for Premium Family subscriptions in Costa Rica, introducing a verification system that requires selected users to prove they live...

Tárcoles Crocodiles Have Prime Habitat in Just 13% of River Area Studied

Only about 13% of the lower Tárcoles River offers high-quality habitat for its crocodiles, according to a new study from the National University (UNA),...
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel