Sunday, May 8, 2011

Non Resident Bangladeshi

Securing Contribution of Non Resident Bangladesh: Non Resident Bangladeshi Remittance:

Remittance is the life line of Bangladesh economy. There are more than six million Bangladeshi working abroad and the remittances they send home are the country’s largest source of foreign exchange. Their income is over $9 billion, which is 11% of the country’s gross domestic product (GDP). At present, thousands of Bangladeshi migrant workers are returning at home as a result of global recession and political turmoil.

Non Resident Bangladeshi (NRB) is an umbrella term that embodies the expatriate Bangladeshis permanently living as immigrant communities and the migrant workers working on temporary overseas employment. The first section of people has formed ethnic minority societies known as Bangladeshi Diaspora while temporary economic migrants may be called expatriate workers. They are earning foreign currency by the sweat of their brow and sending remittance to their families. The migrant workers are sending remittance more than Diaspora members.

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