columbia university new york city november 23, 2004
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Remittances and the Dominican RepublicSurvey of Recipients in the Dominican Republic
Survey of Senders in the United States
Columbia University
New York City
November 23, 2004
2
I. The U.S. Sample
• National sample of Dominican adult immigrants in the United States.
• 801 national interviews conducted from October 18 to October 30 with a margin of error of 4 percentage points.
• 567 interviews of regular remittance senders.
3
States where interviews were conducted
Interviews were conducted in the 5 states where 90% of the Dominican adult immigrant population resides in the United States
3%
9%
10%
11%
57%
0% 10% 20% 30% 40% 50% 60%
Rhode Island
Massachusetts
Florida
New Jersey
New York
II. Demographics of Dominican Immigrants in the United States
that send Remittances on a Regular Basis
5
Residency in the United States
4%
65%
17%
14%
0% 10% 20% 30% 40% 50% 60% 70%
Don't know / Noanswer
More than 10 years
5 to 10 years
Less than 5 years
6
Annual Income
33%
7%
22%
38%
0% 5% 10% 15% 20% 25% 30% 35% 40%
Don't know / Noanswer
More than $40,000
$20,000 - $40,000
Less than $20,000
7
Education
12%
3%
13%
24%
21%
7%
17%
0% 5% 10% 15% 20% 25% 30%
College graduate / Graduate school
Technical school
Some college
High school graduate
Some high school
Primary school
Less than primary school
8
Age
12%
26%
34%
17%
7%
0% 10% 20% 30% 40%
65 or older
50 - 64
36 - 49
25 - 35
18 - 24
9
Gender
58%
42%
0% 10% 20% 30% 40% 50% 60% 70%
Female
Male
10
Citizenship Status
5%
3%
57%
35%
0% 10% 20% 30% 40% 50% 60%
No answer
Undocumentedimmigrant
Legal resident
Citizen
11
III. Remittance Senders• 71 percent of the estimated 1 million (U.S. Census
2003) Dominican adult immigrants in the United States send remittances on a regular basis.
• Our study indicates that approximately 710,000 Dominican immigrants living in the United States send about $1.6 billion to their families on a yearly basis. Each remittance averages approximately $150.
• Our study also indicates that Dominicans living in the U.S. send money home about 15 times per year.
12
Remittance Senders in the United StatesHave you ever sent money to your relatives in the
Dominican Republic?
71%
15%
14%
Yes
Yes, but notwithin the lastyear
No
13
How often do you send money to your relatives in the Dominican Republic?
Average – 15 times a year
4%
7%
13%
42%
26%
0% 10% 20% 30% 40% 50%
Once a year
2 to 3 times a year
4 to 6 times a year
Once a month
More than once amonth
14
How long have you been sending money to your relatives in the Dominican Republic?
69%
11%
12%
5%
0% 10% 20% 30% 40% 50% 60% 70% 80%
More than 5 years
3 to 5 years
1 to 3 years
Less than a year
15
How much money – on average – do you send with each remittance?
Average – $150
7%
3%
2%
1%
3%
18%
46%
20%
0% 10% 20% 30% 40% 50%
Don't know / No answer
More than $500
$401 - $500
$301 - $400
$201 - $300
$101 - $200
$51 - $100
Less than $50
16
How do you send the money to your relatives in the Dominican Republic?
0%
2%
3%
10%
84%
0% 20% 40% 60% 80% 100%
Internet
Bank
Credit union
Mail / Courier
International MoneyTransfer Company
17
How many people do you send money to?
7%
7%
16%
23%
46%
0% 10% 20% 30% 40% 50%
Five or more
Four
Three
Two
One
IV. Dominican Remittance Senders in the United States and
the Banking System
19
Do you have a bank account in the United States?Dominican Remittance Senders
47%
2%
51%
Yes
No
Don't know /No answer
20
Do you have a bank account in the United States?Income
“Yes” answers only
71%
43%
0% 20% 40% 60% 80%
$20K a year ormore
Less than $20K ayear
21
Do you have a bank account in the United States?Citizenship Status
“Yes” answers only
41%
59%
0% 10% 20% 30% 40% 50% 60% 70%
Legal resident
Citizen
22
Do you have a bank account in the Dominican Republic?
27%
2%
71%
Yes
No
Don't know /No answer
23
V. The Dominican Sample
• National sample of adults in the Dominican Republic.
• 2999 national interviews conducted from October 18 to November 5 with a margin of error of 2 percentage points.
• 1133 interviews of regular remittance recipients.
24
Dominican Republic Regions
25
Dominican Republic RegionsRemittance Recipients
11%
35%
24%
30%
0% 5% 10% 15% 20% 25% 30% 35% 40%
East
Santo Domingo
South
North
VI. Demographics of Dominicans that receive Remittances on a Regular
Basis
27
Monthly IncomeDominican Adults
8%
4%
8%
11%
19%
28%
20%
2%
8%
4%
8%
11%
19%
25%
23%
2%
0% 5% 10% 15% 20% 25% 30%
Don't know / No answer
More than $600
$400 - $600
$300 - $400
$200 - $300
$100 - $200
Less than $100
No monthly income
AllDominicans
Remittancerecipients
28
EducationDominican Adults
13%
4%
31%
17%
14%
7%
14%
15%
5%
26%
15%
14%
9%
16%
0% 5% 10% 15% 20% 25% 30% 35%
College graduate / Graduate school
Technical school
Some college
High school graduate
Some high school
Primary school
Less than primary school
AllDominicans
Remittancerecipients
29
AgeDominican Adults
6%
11%
18%
32%
33%
7%
13%
18%
30%
31%
0% 10% 20% 30% 40%
65 or older
50 - 64
36 - 49
25 - 35
18 - 24
AllDominicans
Remittancerecipients
30
GenderDominican Adults
57%
43%
51%
49%
0% 10% 20% 30% 40% 50% 60%
Female
Male AllDominicans
Remittancerecipients
31
Where does your relative live?Remittance Recipients
3%
21%
20%
56%
0% 10% 20% 30% 40% 50% 60%
Latin America /Other
Europe
Puerto Rico
United States
32
Where does your relative live in Europe?
2%
1%
1%
2%
4%
8%
11%
18%
53%
0% 10% 20% 30% 40% 50% 60%
Other
Portugal
England
Germany
Netherlands
Switzerland
France
Italy
Spain
33
Where does your relative live in the Americas?
10%
19%
20%
22%
29%
0% 5% 10% 15% 20% 25% 30% 35%
Mexico
South America
Venezuela
Central America
Caribbean
34
• 38 percent of Dominican adults receive remittances on a regular basis. According to the Oficina Nacional de Estadisticas (ONE), there are approximately 5.1 million Dominican adults.
• Our study of remittance recipients in the Dominican Republic shows that 1.9 million Dominicans receive about $2.7 billion in remittances every year. An estimated $1.6 billion comes from the United States and the other $1.1 billion from Europe, Puerto Rico, and the rest of the world.
• The average remittance received is $141.• The average Dominican receives a remittance 10 times a
year.
VII. Remittance Recipients
35
Regular Remittance Recipients in the Dominican Republic
Are you receiving money from a relative living abroad?
38%
62%
Yes
No
36
How often do you receive money from your relative living abroad?Average – 10 times a year
1%
4%
10%
23%
45%
17%
0% 10% 20% 30% 40% 50%
Less than once a year
Once a year
2 to 3 times a year
4 to 6 times a year
Once a month
Twice a month or more
37
How long have you been receiving money from this relative?
30%
26%
31%
11%
0% 5% 10% 15% 20% 25% 30% 35%
More than fiveyears
Three to five years
One to three years
Less than oneyear
38
How long have you been receiving money from this relative?
22%
29%
33%
14%
36%
24%
29%
9%
0% 10% 20% 30% 40%
More thanfive years
Three to fiveyears
One to threeyears
Less than oneyear United States
Puerto Rico /Europe / LatinAmerica / Other
39
How much money – on average – do you receive with each remittance?
Average – $141
1%
1%
2%
4%
6%
9%
15%
21%
24%
16%
0% 5% 10% 15% 20% 25% 30%
25,001 pesos or more
20,001 - 25,000 pesos
17,501 - 20,000 pesos
15,001 - 17,500 pesos
12,501 - 15,000 pesos
10,001 - 12,500 pesos
7,501 - 10,000 pesos
5,001 - 7,501 pesos
2,501 - 5,000 pesos
2,500 pesos or less
40
How do you collect your remittance?
2%
12%
14%
72%
0% 10% 20% 30% 40% 50% 60% 70% 80%
Bank
International MoneyTransfer Company (in
office)
Mail / Courier
International MoneyTransfer Company (in
house)
41
Are you satisfied with the services of your current international money transfer company?
3% 3%
94%
Yes
No
Don'tknow /Noanswer
42
How is the money used?
6%
4%
5%
5%
17%
60%
0% 10% 20% 30% 40% 50% 60% 70%
Luxuries / Other
Invest in a property
Savings
Invest in a business
Education
Daily expenses
43
Do you use the money from the remittance as collateral to get a bank loan?
Respondents who invest in a business, a property or savings only*
14%
71%
15%
Yes
No
Don'tknow /Noanswer
44
Is your remittance shared with another person? If so, how many people?
30%
29%
27%
12%
0% 5% 10% 15% 20% 25% 30% 35%
Not shared
Yes, with three otherpeople or more
Yes, with two otherpeople
Yes with one otherperson
45
How often do you communicate with your relative?
1%
1%
3%
20%
52%
23%
0% 10% 20% 30% 40% 50% 60%
Don't know / No answer
Almost never
A few times a year
Once a month
Once a week
Daily
46
Was there an agreement to send remittances before your family member left?
6%
58%
36%
Yes
No, it came upafterwards
Don't know /No answer
VIII. Dominican Remittance Recipients and the Banking
System
48
Is there a bank near your home?Remittance Recipients
27%
73%
Yes
No
49
Do you have a bank account?
66%
34%
58%
40%
0% 10% 20% 30% 40% 50% 60% 70%
No
Yes AllDominicans
Remittancerecipients
50
Do you have a savings account?Respondents who have a bank account only
1%7%
92%
Yes
No
Don't know /No answer
51
Why do you not use your bank account to receive remittances?
Respondents who have a bank account only
21%
57%
5%
17% I don't think that mybank offers theservice
The service isexpensive
I prefer my currentservice
Don't know / Noanswer
52
Do you know how to operate an automatic teller machine (ATM)?
Remittance Recipients2%
17%
81%
Yes
No
Don't know /No answer
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