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Remittances Drain At Least $200 Billion a Year From the U.S. Economy, Finds New Analysis by FAIR

UNITED STATES, JUL 22 – Immigrants send $200 billion annually from the U.S. to 134 countries, with over 25% going to Mexico, raising concerns about economic impact and cartel funding, FAIR reports.

  • As of 2021, at least $200 billion a year flowed out of the U.S. economy in remittances sent to 134 countries, according to the Federation for American Immigration Reform .
  • Many migrants sending remittances earn so little that they qualify for public benefits, affecting American citizens' subsidies for social services.
  • An estimated $4.4 billion of remittances sent to Mexico in 2022 were drug trafficking proceeds returning to their source, highlighting the issue.
  • The analysis states that significant economic damage occurs from the current scale of remittances, necessitating measures to reduce outflow and promote development in receiving countries.
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The Courier-TribuneThe Courier-Tribune
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Remittances Drain At Least $200 Billion a Year from the U.S. Economy, Finds New Analysis by FAIR

WASHINGTON, July 22, 2025 /PRNewswire/ -- A new analysis by the Federation for American Immigration Reform (FAIR) finds that as of 2021, at least $200 billion a year flowed out of the U.S. economy in the form of remittances sent…

Mexico’s ambassador to the United States, Esteban Moctezuma, defended the use of the Finabien card to send remittances, against the criticisms of Republican Senator Eric Schmitt. In his X account, Senator Schmitt accused President Claudia Sheinbaum of wanting to help Mexican migrants “upload” the tax payment on remittances. So, on the same social network, Mexico’s representative in the United States replied that both nations “share and work toge…

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The Daily Wire broke the news in Nashville, United States on Tuesday, July 22, 2025.
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