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us$400 Million In Remittances
Costa Ricans living abroad sent
back home us$400 million last
year, while foreigners
living here sent us$196 million
to their relatives in their
homelands.
The data surfaced in a study by
Erika Chaves, of the Banco
Central de Costa Rica (BCCR) -
Central Bank of Costa Rica.
The finding shows that the
number of Costa Ricans living
and working abroad increased by
20% between 2000 and 2004, while
the figure for foreigners
working here increased by only
14%.
According to the study, 80% of
the 100,000 Costa Ricans working
abroad live in the United
States, mainly in California,
Florida, New York, and New
Jersey.
The official data for foreign
workers here start with 77%
Nicaraguans, followed by
immigrants from El Salvador,
Cuba, Peru, and Colombia.
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