REMITTANCE EUPHORIA: exodus, money laundering & economic boom
Summary
The extraordinary support sent by Mexicans abroad amid the health crisis, the increase in the exodus of Mexicans to the United States, the greater flow of foreigners passing through Mexico or staying in the country as refugees or temporary workers, and the alleged money laundering processes via remittances seem to explain the exponential increases in remittances received in Mexico. This already places it as the third country with the highest remittance income in the world, behind China and India.