ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
*
Home
Press release
Aug 16, 2023 23:00 JST
Source:
CGFNS International
New CGFNS Survey of Immigrant Nurses in the U.S. Reveals Their Economic Impact
PHILADELPHIA, PA, Aug 16, 2023 - (ACN Newswire) - In addition to helping alleviate a chronic nursing shortage in the United States, immigrant nurses are estimated to spend well over $46 billion annually in the U.S. economy while providing hundreds of millions more in financial support to family members back home, according to a report from CGFNS International, a global leader in credentials evaluation services that support health worker mobility.
The Economics of Nurse Migration report is based on a survey of more than 1,500 foreign-educated nurses who have used the organization's credentials verification services to facilitate their migration to the U.S. The results offer a window into the economic experiences and impact of nurse immigrants working in the U.S., as well as the driving reasons for their migration.
The report can be downloaded from cgfns.org/eonm23.
"This report quantifies the financial costs and sacrifices associated with nurse migration while highlighting the substantial contributions that immigrant nurses make to host countries and the economies of both the host and sending nations," said Dr. Peter Preziosi, CGFNS International's President and CEO.
In the survey, the main reasons nurses cited for migrating were largely balanced across three key drivers - familial (31 percent), professional (29 percent) and economic (25 percent). In terms of their economic impact, the survey results showed:
The average salary for respondents was $65,700 within the first three years of arrival and $71,800 overall, compared with $89,000 average salary for registered nurses in the U.S. A quarter of respondents reported making more than $90,000 annually.
Immigrant nurses reported spending 60 percent of their income in their communities on housing, other necessities and local shopping, with another 25 percent for taxes.
Two-thirds (66 percent) send money home to friends and family on a regular basis - averaging about five percent of their spending. Of those that sent money, 44 percent reported sending home more than 10 percent of their monthly salary.
Extrapolating from other data showing there are 688,000 immigrants in the U.S. nursing workforce of more than 4.3 million, the CGFNS report estimates that after sending $1.6 billion in remittances to the communities they left, immigrant nurses spend at least $46.9 billion annually in the U.S. economy.
About half (52 percent) of nurse immigrants reported engaging a recruiter to handle their migration process. However, that proportion rises to 79 percent when narrowing the sample to those who migrated in the past three years.
Fifty-two percent of survey respondents who used a recruitment firm elected to use a Certified Ethical Recruiter (CER), a designation given to those firms that agree to additional oversight by CGFNS's Alliance for Ethical Recruitment Practices and comply with its ethical code.
"By illuminating these essential aspects of nurse migration to the United States, we aim to provide policymakers, healthcare leaders, and stakeholders with a comprehensive perspective that transcends mere statistics and embraces the inherent value of immigrant nurses to both America's health systems and economy," said Preziosi.
About CGFNS International, Inc.
Founded in 1977 and based in Philadelphia, CGFNS International is an immigration-neutral not-for-profit organization proudly serving as the world's largest credentials evaluation organization for the nursing and allied health professions. CGFNS International is an NGO in Consultative Status with the United Nations Economic and Social Council (ECOSOC) and is a member of the Conference of NGOs in Consultative Relationship with the United Nations (CoNGO). For more information, visit
https://www.cgfns.org
.
Contact Information:
Mukul Bakhshi, Esq.
Chief of Strategy and Government Affairs
mbakhshi@cgfns.org
(215) 243-5825
Source: CGFNS International
Sectors: BioTech, Healthcare & Pharm
Copyright ©2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
Latest Release
Approval in Principle (AiP) for the Basic Design of a Large Ammonia-Fueled Ammonia Carrier Obtained from Classification Society
Mar 14, 2025 18:37 JST
Toyota Launches All-New Crown Estate in Japan
Mar 14, 2025 17:22 JST
Hokkaido Electric Power Corporation and Mitsubishi Corporation Establish a Joint Venture "Hokkaido Renewable Energy Aggregation Co., Ltd."
Mar 13, 2025 13:26 JST
Lexus Presents the World Premiere of the New "RZ"
Mar 12, 2025 17:45 JST
MHIET Achieves Rated Operation of a 6-Cylinder 500kW-class Hydrogen Engine Generator Set
Mar 12, 2025 14:11 JST
MOL and Fujitsu leverage AI for efficient crew replacement planning
Mar 12, 2025 13:53 JST
JCB Now Available on Google Play in Thailand, Indonesia, Vietnam, Philippines, and Hong Kong
Mar 12, 2025 11:00 JST
TANAKA PRECIOUS METAL TECHNOLOGIES Develops Miniaturized Micro Profile, a Next-Generation Contact tape for Fifth-Generation Signal Relays
Mar 12, 2025 11:00 JST
JCB Announced Premier Sponsorship for the 10th Edition of Sakura 2025 at Singapore's Gardens by the Bay
Mar 11, 2025 18:00 JST
Hitachi Energy invests additional $250 million USD to address global transformer shortage
Mar 11, 2025 17:49 JST
Eisai Recognized as "2025 Kenko Investment for Health" for the First Time and Certified as "Outstanding Organization Of Kenko Investment for Health Program (White 500)" for the Sixth Time
Mar 10, 2025 20:24 JST
CEPI funds Nagasaki University to develop innovative vaccines using Nanoball platform and NEC's AI
Mar 10, 2025 12:10 JST
Japan's Telecommunications Carriers Enhance Disaster Response with On-site Training for Joint Use of Marine Vessels
Mar 07, 2025 16:24 JST
NEC improves the energy efficiency and floor space density of 5G Mobile Core systems
Mar 06, 2025 13:20 JST
Unmanned Aerial Vehicles Being Developed by MHI Used in Demonstration of Automated Transport and Unloading of Heavy Cargo in Disaster Areas
Mar 05, 2025 16:11 JST
Eisai: Update on the Co-Promotion of the Oral Antifungal Agent Nailin Capsules 100mg in Japan
Mar 05, 2025 09:09 JST
MHI-MS Completes Domestic Development of Vehicle Transport Robot
Mar 04, 2025 19:39 JST
Eisai Receives Regulatory Review Outcome for Lecanemab as a Treatment for Early Alzheimer's Disease in Australia
Mar 04, 2025 17:22 JST
Prideone Entertainment announces concept for post-war film to mark 80th anniversary of the end of World War II
Mar 04, 2025 16:00 JST
NTT and DOCOMO Successfully Demonstrates On-Demand Unified Control of Computing Services Through Network and Service Integration
Mar 03, 2025 20:25 JST
More Latest Release >>
Related Release
CGFNS International to Change Its Name to TruMerit
February 26 2025 07:00 JST
CGFNS International Reports Nurse Migration Rates to the U.S. Remained High in 2024
February 12 2025 08:00 JST
CGFNS International Joins WHO Stakeholder Network to Advance Rehabilitation Care
July 23 2024 22:00 JST
CGFNS International Announces First Global Credential for Rehab Nurses
June 28 2024 06:00 JST
CGFNS International and The DAISY Foundation Honor Outstanding International Nurse Recruiters
March 12 2024 09:00 JST
CGFNS International Unveils New Think Tank to Advance Health Workforce Development Scholarship and Solutions Worldwide
February 24 2024 04:00 JST
As Health Systems Struggle With Nursing Shortages, CGFNS International Sees a Sharp Rise in Nurses Seeking to Migrate to the U.S.
December 06 2023 22:00 JST
CGFNS Appoints New Chief Technology Officer to Lead its Digital Transformation
September 15 2023 09:00 JST
Veteran Healthcare Communicator Lea Sims Appointed to Lead CGFNS Marketing and Communications
July 11 2023 19:00 JST
Responding to the Need for Accelerated Nursing Credentials Verification, CGFNS and NCSBN Step Up Collaboration to Address Gaps and Improve Efficiencies
April 12 2023 19:30 JST
More Press release >>