Remittance Updates

And although they have been increasing from year to year, the Bank of Mexico reported that they decreased 12.1% in April and 4.6% in May, which represents the largest drop in 12 years. This decrease is attributed to more restrictive immigration policies in the United States and the proposal of a tax on remittances, although the latter was reduced to 1%.

In the regional neighborhood, it accounts for 20% of the population and 40% of the large national industry, but the seven states of the Jalisco-Nuevo León corridor, with a greater or lesser percentage, also participate with 30% of the remittances sent to the country.

In a context in which there is certainty of applying a special tax in the United States on the sending of remittances abroad, the Bank of Mexico announced the amount of remittances that arrived in our country in May 2025, which was five billion 360 million dollars. If 1% tax is charged for shipments, it will represent an amount similar to that received by more than 70,000 families.

In 2024, remittances exceeded 64 billion dollars, equivalent to 3.5% of the national GDP. In 2025, despite President Trump’s threats to tax them, remittances to Mexico are projected to reach 65 billion dollars**.**

Number of Mexicans in the United States

It is estimated that there are around 39.9 million nationals living in the United States, that is, 30% of Mexicans. according to the Migration and Remittances Yearbook Mexico 2024.

Causes of Migration1786

The main reasons include the search for better economic opportunities, family reunification, and violence in some regions of Mexico.

Economic Impact1949

Mexican migration has a significant impact on the US economy, with a high rate of labor force participation of Mexican immigrants and a significant flow of remittances to Mexico.

Migration also has social consequences in both countries, including demographic changes, settlement patterns, and transnational family relationships.

Migration Intensity Indices2332

The CONAPO develops these indices to identify the areas of origin of migration and evaluate the intensity of migration in different regions of Mexico. Zacatecas ranks first with a very high migration intensity index, followed by Guanajuato, Michoacán, Nayarit, Jalisco, San Luis Potosí and Aguascalientes.

In Aguascalientes, despite its size, the four modalities of migration are present as it is: origin, transit, destination and return migration of personnel, which directly and permanently affects its socioeconomic model.