This book analyzes the ways in which the Venezuelan immigrant community is making an impact on the social and economic dynamic of small economies. This publication addresses some of the main economic development conversations on trade, labor, and fiscal implications of immigration. This book attempts to collate and unpack some of the relevant theoretical frameworks which provide a basis for policymakers and other key decision-makers. In this regard, the links between immigration and economic development is discussed with a focus on Trinidad and Tobago as a representative case within the Caribbean community.