Mario Arturo García

Mario Arturo García

consultant Guatemala

Mario Arturo García is a consultant specializing in remittances in Guatemala. He has recently been in the news discussing the significant increase in remittances sent by Guatemalan migrants, which has led to an abundance of dollars in the economy and affected the exchange rate of the quetzal. García has highlighted concerns regarding the potential impact of U.S. immigration policies and the introduction of a remittance tax on future remittance flows, emphasizing the need for careful economic strategies to manage these changes.

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Recent Mentions

Guatemala Guatemala: Mario Arturo García provided estimates indicating that up to 200,000 Guatemalans did not travel to the U.S. this year due to border closures. 5

Prensa Libre – major Guatemalan newspaper, est. 1951: La fatiga moral en la resaca de las remesas

Guatemala Guatemala: Mario Arturo García, a consultant on family remittances, highlighted the challenges faced by Guatemalans in adapting to digital money transfers. 6

Prensa Libre – major Guatemalan newspaper, est. 1951: Migrantes buscarán canales digitales para enviar remesas por impuesto en EE. UU.

Guatemala Guatemala: Mario Arturo García commented on the flow of dollars to the economy associated with the fear of deportations and the future implementation of the remittance tax. 6

Prensa Libre – major Guatemalan newspaper, est. 1951: Qué pasa con el tipo de cambio en Guatemala y cómo influyen las remesas, empresarios alertan un posible "shock"