US Edition
"This Is Worrying": Remittance Tax Would Take Money Needed to Support Migrant Families
- Republican lawmakers in 2025 propose a new tax on remittances sent by migrants from the US as part of the One Big Beautiful Bill Act.
- This tax proposal emerged after Mexican President Claudia Sheinbaum criticized the plan and amid ongoing US tariffs and immigration enforcement pressures on Mexico.
- The bill initially sets a 3.5% tax on remittances from noncitizens but some GOP senators, including Eric Schmitt, seek to increase it to 15% or higher.
- Mexico received approximately 65 billion dollars in remittances last year, which supported many households, and Sheinbaum expressed opposition to imposing taxes on money sent by Mexican nationals abroad.
- If imposed, the tax could reduce critical funds for families in Mexico and Central America and may drive migrants to informal channels, limiting government revenue.
41 Articles
41 Articles
Donald Trump wants to levy a tax on the foreign transfers that migrants use to send money home to their families, which means for the recipients in Latin America and Africa – and why it could harm the US.
CHRONIC. From Mexico to India, the countries of the South are alarmed at the introduction by the US President of a 3.5% tax on remittances sent by migrants from the United States, observes Julien Bouissou, in his column.
Sending money to family in foreign countries may be taxed more
Families hoping to send money to loved ones in other countries may be hit with additional fees from a tax and spending bill proposed by the Trump administration that would slap a 3.5% tax on remittances sent by anyone who…
Trump wants to tax money sent from US, to people's relatives overseas
As part of U.S. President Donald Trump’s crackdown on migrants in the U.S., his administration is seeking to tax the money sent abroad by workers to support their families. It's a provision in Trump's budget bill being considered by Congress, and a policy
GOP lawmakers push to jack up proposed tax on money migrants send home after threat by Mexico
GOP lawmakers are pushing to jack up a proposed new tax on money migrants earn in the US and send back home to family — after a threat from Mexican President Claudia Sheinbaum.
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