A survey says, there are more than 250 million people who are living outside their countries of birth. These migrants who are residing in these countries as migrants also have their family residing in their homeland. These migrants often send money back home, providing a financial support to their families, as well as contributing to the economies of their home countries by paying for health, education or maybe also investing in trade. India is a country which has also seen lots of Indians migrating to different countries and one such country is France.
Indian migrants belong to a wide spectrum of religious, ethnic, linguistic and social backgrounds and their migration routes to France are multiple. In the last few years a lot of Indians have migrated to France. Migration in France is remarkable for its diversity and social invisibility. India benefits from a good image in France, and Indians tend to be considered as a model minority. Although the percentage of the world’s people living outside of their birth countries has remained steady in recent decades, the world’s increasing population means that the sheer number of international migrants has never been higher.
The world has a seen a lot of people moving to outer countries to improve their work prospects. These millions of people currently working abroad have caused the money remittance industry worldwide to explode. Setting off abroad for the chance to earn better money and then sending money to India from France is nothing new. For migrants in France and their families back home in India, using new age way of remittances has key advantages, including time and cost-savings associated with sending or collecting money. We all want to send money from person to person without spending a lot of extra charges. There are many options are coming into the marketplace, compared to the earlier ways of sending money. Today, Indian migrants in France can make a transfer from any location, at any time, equally, recipients back home in India can instantly use funds instantly.
As more remittance recipients have access to financial services such as basic bank accounts, and internet use increases, there is no doubt that fast and cheaper online transfer will become more popular. One such company who is known for its cutomer-centric ethics is RemitGuru. RemitGuru are giving customers greater choice, safety and control, which can only be a good thing for those sending and receiving money internationally.