The Caribbean Diaspora is a large force throughout the Americas with unlimited potential and resources for transforming Caribbean economies. The United States alone is home to about 3.5 million immigrants from the Caribbean, with more than 90 percent from Cuba, the Dominican Republic, Jamaica, Haiti, and Trinidad and Tobago.
Diaspora communities throughout America are very much interested in and committed to local development—both in the United States and in their countries of origin. Information about Caribbean investment is limited, with most investment activities involving forums on economic development policy and tourism. Information on fostering trade and direct investments remains compartmentalized, with little effort to realize opportunities between Diasporas and their home countries, as well as among countries.
Through engagement of the Diaspora, U.S. and Caribbean government officials, private and public development leaders, business executives, and entrepreneurs, HRA fosters strategic partnerships for economic growth of the region. HRA identifies innovative solutions, investors, and opportunities, by leveraging its established relationships throughout the Caribbean and the United States among key leaders in the Diaspora, business, development and government.
Understanding the potential for Diaspora contributions and developing effective engagement strategies should be an integral part of development planning. HRA engages with the international donor community in its many activities, advocating for and facilitating Diaspora engagement, particularly with governments.