Hondurans in US Send Record Remittances Amidst Deportation Fears
Due to increased fear of deportation under current US immigration policies, many Hondurans living in the United States are sending record amounts of money back to their families in Honduras. This surge in remittances, a 26% increase between January and October of the current year compared to the previous year, is driven by concerns of arrest and detention by ICE. Many Hondurans, like Marcos, are prioritizing sending all possible earnings home to provide for their families and prepare for potential deportation, causing a race against time to send as much money as possible before it is too late. This has resulted in a significant flow of funds into the Honduran economy.
John Q. Hosedrinker