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NHI_Report_13062024
NHI_Report_13062024
NHI_Report_13062024
Hispanic Immigrants
Adapting to U.S.
Culture?
INTRODUCTION
Table 1
Very Similar 4% 2% 6%
Survey Respondents Who Feel Much Furthermore, though they perceive substantial
Safer in the U.S. Than in Their Home differences between the culture of the U.S. and
Country their home countries, recent Hispanic immigrants
also recognize how globalization has been closing
this gap. Numerous U.S. celebrities, brands, and
90% holidays are also widely recognized in Latin America.
And our respondents understand how to find the
80% 80% 81% areas of U.S. cities that are culturally similar to their
home countries. These neighborhoods provide
70% our respondents with familiar brands, foods, and
64% language, as well as a local sense of place that further
60%
helps them bridge any cultural gaps and reconnects
54%
50%
them to their home countries.
44%
40%
From our interviews:
30%
“Now there’s [Thanksgiving, Halloween]
20%
celebrations in Honduras. Like we have
Thanksgiving and Halloween. It’s not so
10%
different.”
55%
here for two to ten years (see Figure 2). Not speaking
English limits their ability to find jobs, apply for 34%
22%
Getting
From our interviews: 21%
Healthcare
24%
Table 2
Survey Respondents Who Are Better Off, Worse Off, or About the Same
Financially Since Immigrating to the U.S., by Selected Segments
Refugee/ Undocumented
U.S. Visa
Total Permanent Resident Asylum or Otherwise
Citizen Holder
Seeker Unknown
About the
Same 27% 43% 26% 23% 26% 27%
#3 BARRIER: ISOLATION
Loneliness is also a big obstacle for recent From our interviews:
Figure 3
100%
90%
80%
70%
20%
10%
0%
Figure 4
Table 3
36%
52%
“There are a lot of brands here that were
in Venezuela and they already have them 75%
here so we buy what is most familiar. Like 79%
the soaps (Dove), detergents, shampoos
(Head and Shoulders)” <2 Years 2-10 Years
Figure 6
Note that Target ranks at the very bottom in
Figure 5 for Hispanic immigrants who arrived
Online Retail Stores or Brands Survey
the most recently, within the past two years, at
Respondents Shop, by Arrival Time
just 19%. This confirms what we learned in pre-
80%
survey interviews, where respondents who just
arrived in the U.S. frequently described Target as
out of reach, or almost entirely aspirational.
67%
66%
61%
From our interviews:
< 2 Years 2-10 Years < 2 Years 2-10 Years < 2 Years 2-10 Years < 2 Years 2-10 Years
1% 0% 1% 1% 1% 1% 17% 30%
0% 1% 4% 3% 1% 0% 2% 5%
From our interviews:
PRICE
Non-traditional banking brands, such as Seis, Value and finances are very much top of mind for
Majority, and the Welcome Tech PoderCard, also recent Hispanic immigrants. Only 19% of survey
help most recent Hispanic immigrants establish respondents report that their current income in
themselves when they first arrive. These non- the U.S. is enough to achieve their financial goals,
traditional banks, which emphasize simplified and 92% feel that prices in the U.S. have increased
in the past year. As such, affordability is a key driver
finances for consumers, are especially important
in their brand choices and loyalty.
for recent Hispanic immigrants, as 59% of survey
respondents (Figure 8) cite figuring out their
finances as a source of stress when arriving From our interviews:
in the U.S. These banks allow immigrants the “You eat or you buy something. And I
opportunity to adapt to more formal banking prefer to eat.”
institutions in the U.S.
Figure 8
Survey Respondents Who Agree that Figuring Out Their Finances Since
Coming to the U.S. Has Been Stressful for Them, by Arrival Time
31%
30%
29% 29%
28% 28%
PROD U C ED BY