Expatriate indians who send their money from Foreign countries into india have been top listed!
India tops the international list of remittances. The number of indians moving abroad in search of work and settling there is increasing day by day. Many of those who go abroad for the education they used to stay and work there. From there they send money to their families in India. Thus a large amount of money is coming to india from abroad.
Thus expatriate indians are sending money to their native india for various reasons. The situation is similar in other countries. They go abroad from their home country and send money home from there. The World bank continues to publish a study containing this list. The list for 2021 in that category is currently being published. india is leading in it.
In 2021 alone, india received a total of $ 87 billion in remittances from expatriate Indians. Most of the remittances to india came from the United States. china ranks second behind india in this international list released by the World Bank. It is followed by Mexico, the Philippines, and Egypt. The World bank estimates that $ 89.6 billion in foreign exchange will be sent to india by 2022. It is noteworthy that the value of remittances sent home by expatriate indians fell by 1.7 percent in 2019 due to the high incidence of coronavirus internationally.
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