# How a U.S. Tax Could Hit Latin American Remittances

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Text version: https://stenobird.com/podcast/latin-america-in-focus-50000/how-a-u-s-tax-could-hit-latin-american-remittances.md
Podcast: [Latin America in Focus](https://stenobird.com/podcast/latin-america-in-focus-50000)
Published: 2025-06-26T04:05:00+00:00
Episode link: https://www.as-coa.org/podcast
Audio file: https://dts.podtrac.com/redirect.mp3/cdn.simplecast.com/audio/5a178289-28ad-46e7-8146-1f8fbe6c0550/episodes/5e3a0204-9735-4642-a8e2-8492b9f80e70/audio/774fef6b-a889-4071-aa63-40ace43421c1/default_tc.mp3?aid=rss_feed&feed=_DUdLkxj
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Duration seconds: 1759

## Resource

Tucked inside the Trump administration’s One Big Beautiful Bill is a proposed tax of 3.5 percent on remittances that could have major consequences for how much money Latin American immigrants can send home to their loved ones—and how they send it. “Immigrants are going to absorb that tax in order to keep sending money to their families [or] they could change the channels they use,” says René Maldonado, coordinator of CEMLA’s remittances program and consultant for the IDB’s migration unit.

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## Transcript

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