The overall objective of the project is to strengthen Georgia’s capacities to harness the development potential of its Mobility Partnership (MP) for the benefit of migrants, the sending and receiving country. This shall be achieved by means of activities in four components:
The German money transfer site (www.geldtransfair.de), shows current rates charged by MTOs and financial institutions, as a transparent way of informing and helping diaspora select cost effective transfer modes.
This objective is to make diaspora investment and remittances more productive and effective and to connect western markets and emerging markets.
The Diaspora Business Centre is a one stop shop that combines business and social interests, paired with professional know-how by diaspora experts.
Their activities entail the following:
The Sending Money Home web site is a price comparison service for sending remittances from Norway.
In order to assist the Government in financing development, Financial Bonds have been offered targetting the Diaspora. The Ministry of Finance has been working with the Bank of Ghana to reduce the cost of remittances while enhancing its use for investment (as opposed to mainly for consumption). Currently, there is a World Bank project being coordinated by the Ministry of Finance and Economic Planning looking at remittances in Ghana.
The Customs Division of the Ghana Revenue Authority (GRA) grants tax incentives to diaspora, including through lower customs duties and fees, reduction in income tax rates, lower tariffs on equipment for investment, and tax deductions on charitable goods.
Find multiple currency exchange providers using our free comparative service which will enable you to find who is offering the best rate of exchange.
The State Secretariat for Economic Affairs SECO published this brochure, as a contribute to greater transparency among the various operators and services on the Swiss market. In addition, in promoting private sector development in transition and developing countries, it is helping to create attractive savings and investment opportunities on site. This encourages recipients to use the money not only for spending but also, and increasingly, for productive investments, thereby contributing to growth and job creation in their own country.
Egypt, Jordan, Morocco, Qatar, Syria, Tunisia, UAE and Yemen signed an agreement to start electronic money transfers using technology that has been developed by the Universal Postal Union (UPU).
According to the Universal Postal Union (UPU), the agreement will now allow the eight countries to exchange money orders on a multilateral basis. This is particularly valuable in countries such as the United Arab Emirates, where more than 80% of the population are foreigners, and millions of dollars are sent to home countries through remittances.
The Commission on Filipinos Overseas designed the Lingkod sa Kapwa Pilipino or LINKAPIL Program in 1989. It has resulted in the forging of broader and deeper partnerships between Filipinos beyond borders. As a vehicle of service to fellow Filipinos, LINKAPIL provides a mechanism for the transfer of various forms of resources from Filipinos overseas to support small-scale, high-impact projects that address the country's social and economic development needs.