May 1, 2014
Project Greenback 2.0 is a project led by the World Bank, in partnership with the City of Turin, aimed at fostering the development of an efficient and transparent market for remittances. Within this framework, this survey, conducted by FIERI and Laboratorio R. Revelli between July and September 2013, investigated the demand side of the remittance market in the city of Turin, collecting 480 in-depth interviews of migrants from the Moroccan, Peruvian and Romanian communities. These are the three most numerous communities in the city and the largest in terms of remittances sent to the country of origin. The survey is aimed at describing the economic and financial profile of migrants. Specifically, it investigates the interconnected dimensions of financial behaviors -- patterns of consumption and savings, remittances and investments, and financial needs and aspirations. Strong emphasis is given to remittance services and access to different types of financial products and services.