The overall purpose of this thesis is to study the association between remittances, socioeconomic status and ties to destination and origin country among immigrants and the second-generation in the UK. The data stem from wave 1 and 4 (2009 and 2013) of the Understanding Society - The UK Household Longitudinal Study (UKHLS). Two Models are specified. The first one is cross-sectional and places an explicit focus on remittances to family and friends. The second Model utilizes longitudinal data to study the dynamics between remittances and employment status. Employment status is the main independent variable in both Models. The main findings harmonize with previous research indicating that while economic factors are important, other factors, for example, family bonds and time since migration, can be of equal weight for the understanding of remittances. Relative to an immigrant, the second generation is found to have significantly lower odds of remitting to family and friends and to remit for any reason. It is likely that an intricate mix of individual capacity, incentives and desires guide the decision to remit, making it a truly multifaceted phenomenon.