Remittances from Bhutanese living overseas reached their highest level ever in 2009/10, exceeding Nu192m (US$4m). The money was remitted by Bhutanese living in the US, UK, Japan, EU, Canada and India, but the largest share of the remittances by far-fully 96%-came from those living in the US. The amount represents a nearly seven-fold increase since 2002, when records first began.
This amount only includes money sent through financial institutions, but a substantial amount of money is also brought in directly by people flying into Bhutan. Apart from sending money for their families, many non-resident Bhutanese have sent money home in order to buy land-one reason that land prices are escalating sharply.