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All of these probably factor in. Maybe (1) also influences self-selection: immigrants looking for opportunities to build careers and succeed are more likely to think about the US, while immigrants who are looking for stronger safety net/welfare turn to Europe. Having a big community of people from the same cultural background who are not assimilated also probably plays a role.

It would be interesting to see how Latin American immigrants are doing in Europe compared to the US. Presumably it's much harder for them to move to Europe than to the US, for the same reason that it is much harder for Muslim immigrants to move to the US than to Europe. So this may show whether this is a serious factor.