Dollars In, Wallets Closed: Unpacking Why Remittance Recipients Across Latin America Aren't Spending
Remittance flows into Latin America have never been stronger, yet retail conversion rates tell a starkly different story. IDCL Latin Survey data reveals a complex web of psychological hesitancy, structural barriers, and economic uncertainty that is keeping diaspora dollars out of the consumer marketplace. Understanding this gap is essential for any US business looking to capture demand in the region.