Migrant transfer is, in BPM5 (Balance of Payments Manual, 5th edition), capital transfers related to all the financial and non financial assets that migrants bring with them when they move to the host country, or when they finally return to their home country. Under BPM6 these are no longer regarded as balance of payments transactions. Their values have always been insignificant in the EU Member States and are therefore disregarded in this paper.
Further information
- Balance of Payments Manual, 5th edition, IMF 1993
- Balance of Payments Manual, 6th edition, IMF 2008
- EU remittances back on the increase in 2010 Statistics in focus 4/2012