International migration is a complex and multifaceted phenomenon—a driving force of change that has accompanied humanity throughout history and continues to be a significant tool for global development today. 

This dynamic is particularly relevant in the Americas, a region experiencing substantial migratory flows, both incoming and outgoing. These movements bring with them not only benefits but also challenges, impacting migrants themselves as well as the transit and host communities. 

With that in mind, let’s explore some of the key advantages that this process offers both to host communities and to migrants' own places of origin: 

What Are the Most Important Benefits of International Migration? 

1. Economic boost

Migration has proven to be a key driver of economic growth in many nations. Chile serves as a clear example: according to a recent study by the Economic Commission for Latin America and the Caribbean (ECLAC), in 2017, Latin American immigrants made up only 3.5% of the employed labor force in the country but contributed to 11.5% of the economic growth between 2009 and 2017. This means their contribution was significantly higher than their share of the active workforce would suggest. 

Migrants, typically young and of working age, bring their skills, knowledge, and energy to the labor market. Their impact is especially evident in sectors where local labor is either insufficient or in decline. 

2. Contribution through remittances

Remittances sent by migrants to their countries of origin are a crucial source of income for many families, and in some cases, they represent a significant portion of the national GDP. This flow of capital has even surpassed foreign direct investment in certain countries, underscoring its importance in supporting local economies and reducing poverty. 

Moreover, the figure is steadily rising: the latest World Migration Report by the IOM highlighted that between 2000 and 2022, international remittances grew by more than 650 percent. 

3. Demographic rejuvenation

In a region like Latin America and the Caribbean, where one report warns that the population aged 60 and older will double by 2050—rising from 13.4% to 25.1% of the total—migration plays a critical role in maintaining economic and social vitality. 

The arrival of young migrants helps counter the effects of this aging population, contributing to the sustainability of social security systems and other essential services. 

But it's not as simple as it seems...

While international migration offers many advantages, it also faces challenges that cannot be overlooked. From labor integration to the protection of rights, there are obstacles that need to be addressed. In this blog post we explore these challenges and how to tackle them to ensure that migration remains a positive force.