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More In-Coming than Out-Going
Remittances
The money sent by Costa Ricans
who live and work in the United
States double the amount that
Nicaraguans working here send to
their families.
Last year, the recorded
remittances from the United
States amounted to us$239
million, which is 79% of the
overall us$302 million received.
Meanwhile, the figures for
remittances to Nicaragua
amounted to us$132 million, 85%
of the overall us$155 million
sent out of Costa Rica.
In both directions, the
remittances have steadily
increased over the last 10
years. According to the Central
Bank of Costa Rica, close to
half of the national abroad are
professionals, while the balance
work in construction and
services, such as security
guards, clerks, waiters,
maintenance men, etc.
The Nicaraguans here work mostly
in construction, domestics and
as farm hands.
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