Sending Remittances to Morocco

Sending Remittances to Morocco or Cash Money

Moroccans have been sending remittances back to Morocco from abroad for almost half a century. As a result, remittances have played an increasingly important role in Morocco’s economy and the subsequent development of the nation. Remittances top the list of Morocco’s foreign income, exceeding that of income generated by Morocco’s thriving tourism business. However, the dynamic nature of migration in Morocco is often overlooked by general remittance and migration data that does not involve specifics concerning different forms of migration including migration, return migration and internal migration. As a result, the actual effects of migration and remittances in Morocco

Moroccans have been sending remittances back to Morocco from abroad for almost half a century. As a result, remittances have played an increasingly important role in Morocco’s economy and the subsequent development of the nation. Remittances top the list of Morocco’s foreign income, exceeding that of income generated by Morocco’s thriving tourism business. However, the dynamic nature of migration in Morocco is often overlooked by general remittance and migration data that does not involve specifics concerning different forms of migration including migration, return migration and internal migration. As a result, the actual effects of migration and remittances in Morocco

Moroccans have been sending remittances back to Morocco from abroad for almost half a century. As a result, remittances have played an increasingly important role in Morocco’s economy and the subsequent development of the nation. Remittances top the list of Morocco’s foreign income, exceeding that of income generated by Morocco’s thriving tourism business. However, the dynamic nature of migration in Morocco is often overlooked by general remittance and migration data that does not involve specifics concerning different forms of migration including migration, return migration and internal migration. As a result, the actual effects of migration and remittances in Morocco

Emigration has been an important part of Morocco’s development, both socially and economically. Historically, Morocco, like much of the Mediterranean, has been a region characterized by recurring human movement. The region itself has been invaded,occupied and rebuilt numerous times, and has thus been redefined by numerous groups of people throughout history (Phoenicians, Carthaginians, Romans, Byzantines, Arabs,Spaniards, Portuguese and French)

Migration opportunities offered Moroccans themselves with opportunities to better their skills, improving labor and market practices of many Moroccans. However, migration patterns of Moroccans to Europe changed significantly during and after the late 70s. New immigration centers began to originate in Morocco’s urban centers, including such cities as Rabat, Casablanca and Tangier.

Economic pressures not only pushed Moroccan laborers to go abroad, but “economic adjustments and restrictive university reform” led to a large number of Moroccan university students to go abroad. Students chose new locations within Europe to migrate too and also migrated to other Maghreb nations as well as Persian Gulf countries

Moroccan diaspora community sent approximately USD 6.4 billion to their home country in 2015, making the kingdom the third-largest receiver of remittances among countries in the Middle East and North Africa (MENA)

 

Article is written by Hamid using some data from:
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 Hello, I am Hamid and It pays to be informed ...Remember it’s just a bad day, not a bad life. I would love to change the world, but they won’t give me the source code. For now i am Serving Moroccan and others trough www.moroccan.ca Made with Love in Canada!

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