Remittances represent a capital flow from the home country to the host country is a false statement.
Explanation:
Remittances represent a capital flow from the host country to the home country. This happens fairly often, and most found among migrants that have moved to another country to work by themselves, while their families have remained in the home country.
This process is positive on one side and negative on another. The positive aspect of it is that the migrants support their families and enable them a better life. The negative aspect is that they damage gradually the economy of the host country in which they work, as they take money out of it and send them to another country. If there is a higher percentage of people doing this in the long run, the economies of the host countries will face difficulties and will start to decline, which is not good for anyone.
