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Hispanic Markets – Money Remittance Habits Among South Florida’s Hispanics
Statmark, Dec 2005, Pages: 16
Latin Review is an ongoing survey. The publication provides information on demographics and consumer behavior across a broad variety of topics such as communication, internet usage, money remittances, financial services, property ownership and credit and media habits, among others. Latin Review 2006 is the latest release of this publication, showing the findings of 420 South Florida Hispanics from Central America, South America and the Caribbean. Demographic analysis for key nationalities (Venezuela, Colombia, Peru, Argentina, Mexico, Cuba, Central America, and other South American countries) is made across all topics surveyed.
Latin Review 2006 is the second edition of this survey which studies Hispanic markets in the US and key Latin American markets.
Hispanic markets – Report on money remittance habits among South Florida’s Hispanics -
The publication provides key information on the remittance business, how are remittances made and who the key recipients are. Findings show that 30% of South Florida´s Hispanics surveyed send money to their home country. The top choices for remitting funds include global money transfer services and funds transferred through persons traveling to their home country. However, one out of five Hispanics surveyed is sending money through banks.
Methodology: quantitative market research study, interviews by interception in commercial areas.
Geographic Coverage: Miami Dade, Broward and Palm Beach counties.
Universe: men and woman, between 18 and 65 years old, born in Latin America, first generation, with at least 6 months living in United States.
Sample distribution by hispanics country of origin:
Argentina (48)
Mexico (39)
Colombia (60)
Venezuela (48)
Peru (43)
Central America (54)
Cuba (40)
Dominican Republic (20)
Other South American countries (68)
TOTAL SAMPLE 420
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