Migrant Remittances to and from the UK

24th March 2016

24/03/2018

Dr Carlos Vargas-Silva

Rob McNeil

This briefing describes remittance flows both to and from the UK. Remittances are transfers of money from residents of one country to residents of another country and are often associated with migrants sending money to families and communities.

Key Points

• There is no official mechanism for recording remittances to and from the UK.
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• Estimated amounts of remittances sent from the UK in 2014 vary widely from £1.5 billion to £16.5 billion. However, all main data sources agree that the UK is one of the top-10 remittances sending countries in the world.
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• The UK accounts for 15% of remittances to Pakistan.
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