The DHS Now Says 360K Migrants Annually from 3 Latin American Countries Can Come to the US to Work for 2 Years

Photo byBarbara ZandovalonUnsplash

The DHS proposed yesterday to allow 30,000 migrants to apply from 3 Latin American countries can get authorization to come to the U.S. and then work for 2 years in the U.S.

This is likely to be on top of the hordes of migrants who come here unauthorized and which the DHS is shipping to various cities around the country.

The three countries are:

• Nicaragua
• Haiti
• Cuba

In other words, this new proposed rule, designed to prevent people from flooding the border when the Title 42 rules are lifted, will likely add to the large numbers of people entering the U.S.

This is in addition to the program that the DHS has put already put in place allowing migrants from Venezuela and Ukraine to get authorization to come to the U.S. to work.

Moreover, the DHS is going to launch an app that will make it easy for migrants from these countries to ask to come here to the U.S.

The problem is there is no indication that this new rule will reduce the flow of people swarming into the U.S. at the border, especially when and if the Title 42 Covid restrictions are lifted.

Issues With the New Proposed Rule

In announcing these new rules, President Biden was quoted as saying, "Do not just show up at the border." The DHS statement also says that anyone who does not previously have the authorization to enter the U.S. using the app or application online will be turned away.

Photo byGreg BullaonUnsplash

Whether that will work is another question. For example, there is nothing that will prevent people hoarding into the U.S. will not also try to use the app to get authorization, and then, after not getting approval, still entering the U.S. illegally.

For example, applicants will have to pass stringent guidelines. They will have to have financial and other support in the United States, including having a supporter in the United States who commits to providing financial and other support. They will also have to pass "rigorous biometric and biographic national security and public safety screening" and well as pass all required vaccinations and health requirements.

Critics say that the 30,000 number per month is too low and will leave many in limbo, including those who have been turned away. They are likely to try to come into the U.S. anyway. Right now the hordes of people from South America crossing the border vastly exceed the 360K limit per year for each of these countries.

Moreover, what are these people going to do after their 2-year "parole" allowing them to work in the U.S.? Are they really likely to go back to their country of origin? Most likely they will try to stay here in the U.S. illegally. So this rule does not adequately address this issue as well.

Bottom line - expect to see large numbers of people try to enter the U.S. if the Supreme Court does not uphold the temporary restriction on dropping the Title 42 rules at the border.

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Mark R. Hake, CFA, writes articles on national and local news, stocks, and market events at InvestorPlace.com, Barchart.com, Medium.com, and Newsbreak.com as well as TalkMarkets.