Europe's Emigrants Face Red Tape In Latin America
By EVA VERGARA
SANTIAGO, Chile (AP) Geologist David Rodriguez and actress Cristina Pascual, two of the nearly six million Spaniards left jobless in the European recession, fled to Latin America last year, figuring their futures would be brighter in the booming economies on this side of the Atlantic.
Instead, they found themselves stuck, facing so many bureaucratic hurdles that their only option was to work illegally, for much lower wages. Without a work visa, they couldn't get a formal job. Without a job offer, no visa. And without a job and a visa, they had no way of securing an all-important tax-identification number, freezing them out of Chile's booming formal economy. Trying to bend the rules can result in deportation for the worker, and fines for the company.
Rodriguez and Pascual are among the many migrants watching this weekend as leaders from the European Union, Latin America and the Caribbean seek ways of eliminating the red tape that has made it so difficult for foreigners to bring their skills across borders.
The vast majority of migrants between the continents used to travel to Europe, but the trends flipped after 2010, when economic indicators began to improve in Spain and Portugal's former colonies. Now Spanish and Portuguese workers are arriving by the thousands each year, entering on tourist visas and job-hunting in Brazil, Chile, Mexico and Argentina. Spanish migrants with skills needed in the mining industry are particularly sought after in Chile. But the bureaucracy is getting in the way. Rodriguez, 32, graduated from college in Spain in 2010, and spent the next 28 months in a frustrating search for work in his field while he lived with his parents. Then a friend, architect Maria Moreira, posted a Facebook message saying she was migrating to Chile. He jumped at the chance to come along, but soon found himself stuck without authorization to work. Despite high demand for exactly the skills he could offer, it took four months of rejections before he found a low-paid internship that eventually led to a company's sponsorship for his paperwork.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV