'Due to US, Canada': Study abroad spends by Indians hit 5-yr low; UK benefits

MUMBAI: Remittance by way of Indians for research in another country dipped to a 5-year low of $138.8 million in June 2025 as international locations tightened restrictions on taking in Indian scholars.The remittances for learn about are not up to part of the $314 million reasonable all the way through the closing 5 years and a a long way cry from the $718 million in Sept 2021. Spending on commute is still greater than the 5 12 months reasonable of simply over $1 billion. General remittances are a lot better at $2.1 billion, lowest since Feb 2025.“We’re seeing pupil remittances down by way of 10-15%, in large part because of america and Canada. Our US pupil remittances are down just about 30% from a 12 months in the past on account of visa restrictions. Canada may be decrease. The United Kingdom has been the largest gainer, as different locations like Australia even have restrictions at the selection of scholars and are turning down visa packages from sure geographies,” mentioned Hariprasad MP, govt director & trade head, Ebix Global Cash. A number of common learn about locations have tightened their visa and enrolment standards for Indian scholars in 2025. Australia, Canada, america, and the United Kingdom have all offered stricter necessities.



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