1. Remittances From Japan to Latin America Study of Latin American immigrants living and working in Japan April 6, 2005 Okinawa, Japan Inter-American Development Bank Annual Meeting Of the Board of Governors

2. 2 I. Methodology Sample Latin American immigrant adults living in Japan. Number of Interviews 1,070 interviews Language of Interviews Portuguese, Spanish and Japanese Margin of Error +/-3 percentage points, margin of error is larger for sub-groups Dates of Interviews February 2nd – February 28th of 2005

3. 3 Countries represented in the sample Brazil Peru Bolivia Colombia Argentina Paraguay

4. 4 The Sample Design

5. 5 Interviews were conducted in the following cities: Shiga Shizuoka Tochigi Tokyo Yamanashi Aichi Chiba Gifu Gunma Ibaraki Kanagawa Mie Nagano Osaka Saitama

6. II. Demographics of Latin American Immigrants living in Japan

7. 7 Residency in Japan

8. 8

9. 9 Education

10. 10 Age of Latin American Immigrants

11. 11 Age: Latin American Immigrants vs. Japanese Population

12. 12 Gender

13. 13 Do you have any children under the age of 18?

14. 14 Annual Income in Japan

15. 15 Annual Income in Home Country

16. 16 What type of work do you do?

17. III. Migration Patterns

18. 18 Is this the first time that you have come to live in Japan?

19. 19 What was the main reason you decided to move to Japan?

20. 20 Do you have family back home?

21. 21 How often do you communicate with your family back home?

22. IV. Remittances to Latin America

23. 23 Have you ever sent money to a family member back home?

24. 24 Have you ever sent money to a family member back home?

25. 25 How much money do you send each time? Average Remittance - $600

26. 26 How frequently do you send money to your family member?

27. 27 Do you regularly send money to more than one family member?

28. 28 70 percent of Latin American adult immigrants living in Japan send remittances on a regular basis. Our study indicates that approximately 305,000 Latin American immigrants living in Japan send about $2.65 billion to their families on a yearly basis. Each remittance averages $600. Our study reveals that these Latin Americans send money home about 14.5 times a year.

29. 29 Remittances to Latin America $2.65 billion from Japan to Latin America $2.2 billion to Brazil $365 million to Peru $100 million to other Latin American countries

30. 30 How long have you been sending money to your family member?

31. 31 How long have you been sending money to your family member?

32. 32 How do you send money to your family member?

33. 33 How do you send money to your family member?

34. 34 What is the amount of the average fee that you pay to send your remittances?

35. V. Banking Practices

36. 36 Do you have a bank account in Japan?

37. 37 Japanese bank accounts by nationality

38. 38 Do you have a bank account in your home country?

39. 39 Do you have a bank account in your home country?

40. 40 Does your family member that you send money to in your home country have a bank account?

41. VI. Savings and Future Economic Plans

42. 42 Are you currently saving money?

43. 43 What is the main reason that you are saving money? Improve quality of life (32 percent) To start a business in your home country (19 percent) To buy a house in your home country (14 percent) Education for children (13 percent) To start a business in Japan (8 percent) So I don’t have to work anymore/ retirement (4 percent) To buy a house in Japan (4 percent) For some other reason/ luxuries (4 percent)

44. 44 Do you have any plans to start your own business in the future?

45. Phone 305.529.9916 Fax 305.529.9069 2800 Ponce de Leon Blvd, Suite 1111 Coral Gables, FL 33134 http://www.bendixenandassociates.com sbendixen@bendixenandassociates.com