economy

New Report Shows Immigrants Contribute Billions to Houston Economy

By Peek & Toland on March 13, 2019

In a recent study from the New American Economy, a bipartisan research and advocacy organization, researchers found that there are more than 131,500 businesses in the Houston metropolitan area owned by individuals who were born in other countries. The study provides evidence of the positive economic impact of immigrants on the Houston economy. Houston has the highest foreign-born population and economic impact by immigrants of all cities in the state of Texas, both in terms of a $12.7 billion revenue in the form of local, state, and federal taxes and spending power of $38.2 billion.

In fact, immigrants in Houston are 53% more likely to start businesses in Houston than the native-born population. The impact of these businesses on the local economy is immense. Researchers also noted the strong city government leadership and community programs in Houston that attract immigrants seeking to build businesses.

New Report Shows Immigrants Contribute Billions to Houston Economy

Census data shows that Houston is now home to 1.58 million people, which is over 23% of the Houston metro population. The immigrant community has grown by over 34% throughout the last ten years. This growth rate is more than double the national average immigrant growth rate. Similar trends also are present in other large and diverse cities, such as New York City.

The rate of immigration from Mexico has decreased significantly in the state of Texas. Now, Cubans and Venezuelans are among the fastest-growing groups, with their growth rates more than tripling since 2010. African immigrants also have a growth rate of 80% during that same time period, with Nigerians being the most common immigrants. Only about 30% of the foreign-born population have no legal status; the rest are naturalized citizens, legal permanent residents, and individuals who are here legally on non-immigrant visas. Education and English proficiency rates also have risen among the immigrant population.

At Peek & Toland, we care about helping you obtain through your immigration problems. We will focus our efforts on advocating on your behalf and representing your interests throughout the immigration process. Our knowledgeable immigration lawyers know the best strategies for gathering documentation to support your goals. Allow us to handle your immigration law case by sitting down with us today and discussing your situation.

Posted in Immigration

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Study Finds How Immigrants are Boosting the Texas Economy

By Peek & Toland on June 9, 2016

Texas may be at the center of a legal battle regarding undocumented immigrants but one recent study suggests they give a sizeable boost to the economy of the state, which could face serious problems if they were deported.

Research by the Perryman Group, an economic and financial analysis firm, suggested Texas needs undocumented workers.

Texas led the opposition of the states against President Barack Obama’s deferred action executive orders which aim to reform the present immigration system by allowing nearly 5 million undocumented immigrants to live and work in the United States and gain temporary relief from deportation. The case of USA v. Texas was heard in the Supreme Court last month. Texas is claiming it would lose more than $100 million in additional costs to process driving licenses for immigrants, reported Reuters.

immigrants are boosting Texas economy

The analysis from the Perryman Group says Texas needs undocumented workers to keep its economy ticking over. It found the number of workers who lack documentation in Texas is about twice as the size of the total number of unemployed people who could work. Even if all of the people who are unemployed at present in the Lone Star State filled jobs that are now held by undocumented workers – which is an unfeasible proposition – the state would be left with a “glaring gap” equating to hundreds of thousands of workers.

The study said restricting undocumented workers in Texas would result in substantial economic losses to Texas and its businesses. The study estimated the total net fiscal effect of the state’s undocumented population results in benefits of $32.9 billion every year, specifically:

  • $11.8 billion to Texas
  • $20.1 billion to the federal government,
  • $0.9 billion to Texas’s local governments.

In 2014, the Center for Public Policy Priorities published a study called “Immigrants Drive the Texas Economy: Economic Benefits of Immigrants to Texas,” It considered the wider issue of immigration as a whole to the state, and pointed out that 4.2 million people, or one in six, are immigrants.

The report said about 1.7 million undocumented immigrants in the state paid more than $1.6 billion in state and local taxes as of 2010.

The lives of the undocumented immigrants in Texas remain in limbo as the Supreme Court mulls the legality of the deferred action orders. However, repeated studies have highlighted the important part undocumented workers play in the state. If the fear of deportation is hanging over you, you should consider talking to our Texas cancellation of removal attorneys.

Peek & Toland , has decades of experience in cases involving undocumented immigrants and other family immigration matters and works with clients across Texas. Call us at (512) 474-4445 for a consultation.

Posted in Cancellation of Removal

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