Economic Migrant
Further information: Economic migrantThe term economic migrant refers to someone who has emigrated from one region to another region for the purposes of seeking employment or improved financial position. An economic migrant is distinct from someone who is a refugee fleeing persecution.
Many countries have immigration and visa restrictions that prohibit a person entering the country for the purposes of gaining work without a valid work visa. Persons who are declared an economic migrant can be refused entry into a country.
The process of allowing immigrants into a particular country has been believed to have effects on wages and employment. Particularly the lower skilled workers are affected directly, but evidence suggests that this is due to adjustments within industries.
The World Bank estimates that remittances totaled $420 billion in 2009, of which $317 billion went to developing countries.
Read more about this topic: Immigration
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