Menu
Search

Larger Immigrant Populations Boost Cities’ Per Capita Income and Credit Rating

HomeNews & EventsLarger Immigrant Populations Boost Cities’ Per Capita Income and Credit Rating
READ FROM US

Immigration News & Events

Categories

Archives

Larger Immigrant Populations Boost Cities’ Per Capita Income and Credit Rating

Share This Post: facebooktwitterLinkedIn

Contributed by Aaron Hall

According to Standard & Poor’s, large immigrant populations help cities’ per capita income and credit ratings.  This is contrary to the argument that immigrants would hurt a city’s credit rating either due to low income or due to use of municipal services.

Cities with larger immigrant populations see an increase of overall income activity and have a stabilizing impact on labor markets.

Fox News Latino reads the Standard & Poor’s report as countering “arguments made by some immigration critics that immigrants chew up state and local government funds and take jobs from U.S.-born workers, thus hurting local economies. It also gives impetus to cities like Dayton, Ohio that are bucking the trend of strict immigration laws in states like Arizona and Alabama and openly welcoming immigrants to their towns.”  Cities like Dayton which are derided by critics as “sanctuary cities” may simply be making sound policy for their economic futures.

Standard & Poor’s emphasized that “no city that has seen a large arrival of immigrants has seen its municipal credit rating downgraded because of the inflow.”

Further Reading:
Article on the Standard & Poor’s report at Fox News Latino
Debate about whether Denver is a sanctuary city
On the Denver Post Editorial about whether Denver is a sanctuary city

Contributed by Kim Tremblay This month, four senators, two democrats and two republicans, have introduced Startup 2.0, a bill that encourages economic growth through development in science, technology, engineering, and…

26Jun

More than seventy-five countries are on the list of those whose citizens are eligible to be granted E-2 investor visas upon the requirements.  On June 8, 2012, President Obama signed bi-partisan sponsored…

03Jul

PERSONAL TOUCH AND SUPERIOR CUSTOMER SERVICE

Recognized Leaders In
Denver Immigration Law.

Joseph & Hall P.C. is a full-service immigration law firm. We pride ourselves on being nationwide experts in all areas of immigration law, including the practice areas listed below. Our attorneys frequently are asked to speak both locally and nationally on a wide variety of immigration topics. For an overview of each practice area, please click the links below. If you have any questions about how these practice areas may apply to your case, please do not hesitate to contact our firm.

OUR AWARDS & ACHIEVEMENTS

We Are Committed to Your Dreams.

Countless people dream of becoming a U.S. citizen. If your application was rejected by the USCIS, we are here to fight for your best interests.

Get in touch with us. Write us a message.

×
Tap Here To Schedule An Appointment
It's Fast & Easy
Call Now Button