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Nicaraguans who live and work in Costa Rica ease poverty back home

Friday, July 8, 2011

If Nicaraguans living in Costa Rica stopped sending money back home to their families, the poverty rates in Nicaragua would skyrocket by 17 percent. 

According to a study by the non-profit Academy of Central America, 60 percent of Nicaraguans live in poverty, and without remittances from Costa Rica, that number would jump to to 77 percent. The study also reveals that 237,000 Nicaraguans live in Costa Rica. Of those, 45 percent send an average monthly remittance of $134 to relatives or friends.

Original source: Tico Times