Transcript m3reportMigrantsTransfers

Results of the AEG e-discussion on
Migrant transfers
UN STATISTICS DIVISION
Economic Statistics Branch
National Accounts Section
Migrant transfers
Introduction
 The movement of personal effects and
financial assets when individuals change
residence from one country to another
 Treated as capital transfers in BoP and
migrants effects as exports and imports in
SNA
 No owner transfer takes place
 Proposed to remove migrant transfers from
BoP and SNA
Migrant transfers
cont
Results
1. No recording of personal
effects
2. Record change in financial
assets and liabilities in the
OCVA acc
3. Apply same principle to
corporations
4. Clarify text of SNA Ch 11 and 12
Yes
No
15
1
14
2
6
16
7
No
response
3
Migrant transfers

cont
Comments


Corporations do not change residence the
same way people do
Movement of fixed assets should be
recorded as divestment and exports in the
one country and imports and capital
formation in the other country
Migrant transfers

cont
Conclusion
The consultation shows that most of the
AEG members participating support the
recommendations on migrant transfers, but
that corporations should not be treated the
same way
Thank You