January 14, 2005

New Americans Immigration Museum presents their first conference, Immigrants, Remittances and Development: Transforming Countries

The New Americans Immigration Museum and Learning Center announces its first 2005 conference, Immigrants, Remittances and Development: Transforming Countries, to be held on January 21, 2005 at the Institute of the Americas, UCSD.

Open to the public, the conference will bring together immigrant leaders, policy makers, scholars, funding organizations and others to explore the phenomenon of immigrants sending not only money, but a wide range of assistance to families in their home countries.

In recent months the subjects of immigration and remittances have moved up to the front pages of the press. The amounts involved are staggering, often representing significant portions of national budgets. Through this conference, the New Americans Museum seeks to understand and share the ways some immigrant groups are investing their funds to improve quality of life in their homelands. Lessons learned should help all involved to better harness remittances for development, for building community, for securing credit, as well as to simplify money transfers from country to country.

Deborah Szekely, Museum founder said, “Immigrants in the U.S. annually send billions in remittances back to families, villages and home towns. First generation immigrants often work two jobs to send that money home. These remittances have fast become a major source of foreign aid for many developing countries. Immigrants and their children account for 20% of the population of the United States and are literally transforming countries through their collective efforts on behalf of family and communities back home.”

For more information and to register for the conference, go to the Immigration Museum website at: www.naimlc.org.

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