No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsLatin AmericaRemittances to Central America Surge 20% Amid U.S. Deportation Fears

Remittances to Central America Surge 20% Amid U.S. Deportation Fears

Family remittances in Central America grew by around 20% in the first half of 2025, according to official data—a rise that experts attribute to fear among migrants in the United States of being deported.

Millions of Central Americans live in the U.S., many of them with irregular status, and they send remittances that are a lifeline for their families and for the economies of Guatemala, Honduras, El Salvador, and Nicaragua, accounting for nearly a quarter of national GDP in those countries.

In Guatemala, remittances totaled $12.1277 billion in the first six months of the year, an 18.1% increase compared to the same period in 2024, according to the central bank. El Salvador received $4.8377 billion, according to the Central Reserve Bank—17.9% more than in the first half of last year.

Honduras saw a 25% increase, with remittances reaching $5.7997 billion, according to its central bank. Nicaragua has not yet released data for the first half of the year, but from January to April it received $1.9433 billion, a 22.2% increase compared to the same period in 2024.

Most remittances sent to these four countries come from the United States. After returning to the White House in January, President Donald Trump imposed harsh policies against migrants. Thousands have been deported, and others have chosen to leave the U.S. out of fear of being detained and expelled.

“When migrants perceive a high likelihood of deportation—as is happening now—they try to send any unbanked cash to their families as quickly as possible,” Guatemalan analyst Jahir Dabroy told AFP.

That tends “to spike the number of remittances received,” added the expert from the Association for Research and Social Studies (ASIES).

César Castillo, director of the Honduran Observatory of International Migrations (OMIH), also said the surge in remittances “is due to fear” of deportation. “What they’re doing is sending money just in case they get sent back here,” he said.

Costa Rica, Panama, and Belize have relatively few emigrants.

Trending Now

Costa Rica Urges U.S. to Pause Tariffs Amid Export and Agriculture Concerns

The Costa Rican government has asked the US government to pause the tariffs announced last Thursday while negotiations between both countries continue. Costa Rican...

Costa Rican Scientists Cut Microalgae Farming Costs by 95%

A team led by Costa Rican biologist Maritza Guerrero has developed a natural biostimulant using microalgae that promises to revolutionize agriculture. The product, named...

Central American Sportfishing Alliance Expands Drive for Marine Conservation

The Central American Sportfishing Alliance (CASA) announced new global partnerships during ICAST 2025, the world’s largest sportfishing trade show, strengthening its mission to use...

Costa Rica Battles Rising Cyberbanking Fraud and AI-Powered Scams

Cybercrime is a serious problem in Costa Rica. The number of victims is rapidly growing and so are the different techniques used by criminals...

Poás Volcano Glows with Intense Heat as Night Hikes Begin

Mouth A of Costa Rica’s Poás Volcano continues to release gases so hot that incandescence is visible even during the day—a rare phenomenon not...

La Negrita: Faith, Unity, and the Heart of Costa Rica

Today, thousands of pilgrims from across Costa Rica are arriving at the Basilica of Our Lady of the Angels in Cartago. They come on...
spot_img
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica