In Switzerland – a global frontrunner when it comes to remittance payments – people from Portugal often send smaller amounts, while those from the UK send larger amounts, but less often, a study has found.
For the study published in the “Journal of Ethnic and Migration Studies”, researchers at the University of Zurich (UZH) interviewed around 3,000 people from various European countries living in Switzerland about money transfers, the UZH said on Thursday.
At least 21% of those surveyed said they send money to their home country at least once a year. For people from Portugal, 46% of all respondents send money home every year. People from Germany (15%) and Italy (13%) are below average. ...