Several studies have examined the effect of remittances on economic growth,poverty, education, and governance, among other factors, in developing countrieswith inconclusive results. Using annual panel data of 99 developing countries invarious empirical models, this study aim to answer the question how remittances affect a broader aspect of development using the Human Development Index asdependent variable. The findings indicate that there is a positive relationship between remittances and the level of human development in developing countries.