Remittances

32 thousand migrants have left Italy in 2011

32 thousand migrants have left Italy in 2011: 87 million Euros less in tax revenues

Presented in Milan, the data of the "Report on the Economy of Immigration in Italy 2013," published by the Moressa Foundation and sponsored by IOM Rome.

In Italy, there are 2.3 million migrant workers which represent 10.1 % of the workforce, contribute for over 12% of Italian GDP, and count up to the 8.3 % of total taxpayers. Their income declaration notify 43.6 billion euros to the National Revenue and they pay 6.5 billion Euros in income taxes. Their unemployment rate (14.1%) had an increase of about 5.6 percentage points from 2008 to 2011.

Migration and Development Move Centre Stage

By Jill Helke

It is sometimes startling to think that almost a billion of the World’s 7 billion people are either internal or international migrants. In other words, one out of every seven people alive today is a migrant. But migration affects not only those who move but also those who do not, above all communities of origin and destination.     

Migrant remittances – more than $400 billion dollars a year – are four times greater than all the money transferred via global aid every year. Labour markets and social systems have come to depend on the mobility of workers, entrepreneurs, health professionals and researchers.  In short, the movement of people across borders into jobs with higher productivity has been the back story of so much recent economic growth and development. But remittances and economic assets are not the only arguments in favour of migration.