As students seek fewer restrictions and more certainty in their careers, options like Germany’s EU Blue Card, Canadian work permits, and opportunities in France are becoming particularly attractive
Indian students are increasingly exploring new study destinations as visa regulations tighten in traditional hubs like the US, Canada, the UK, Australia, and New Zealand. The long-standing preference for these countries is shifting as students face greater challenges in securing visas and work opportunities post-graduation.
The number of Indian students studying abroad has surged to nearly 1.5 million since 2012, reflecting a growing interest in international education. However, with recent changes in visa regulations, many are now considering alternative options. While the Big 4 countries remain popular, the appeal of other destinations is rising.
Countries such as Ireland, the Netherlands, Finland, Singapore, South Korea, Lithuania, Estonia, Chile, Turkey, Malta, and Taiwan are gaining prominence among Indian students in 2024. European nations like Ireland and Finland, along with Asian countries like Singapore and South Korea, are becoming attractive due to their welcoming environments for students and promising job prospects.
The appeal of these alternative destinations is set to continue growing as students prioritize lower costs, supportive policies, and favorable job markets
This shift in preference is driven by several factors. The UK’s post-Brexit economic challenges and less welcoming stance towards migrants, coupled with the high cost of living, have made it a less appealing destination. Canada faces an accommodation crisis and limited spots for international students, further complicated by strained diplomatic relations with India. In the US, high costs and limited employment opportunities are deterring many.
Additionally, the US education system is facing a crisis with an alarming rate of teachers leaving the profession, severely impacting the quality of education. These challenges are prompting students to consider alternative destinations where they can secure residency, allowing them to work or start businesses post-graduation without the usual restrictions placed on non-residents.
Residency options in countries like Portugal and Ireland, where residency can be obtained within a year to a year and a half, are becoming increasingly popular. Lower costs, student-friendly policies, and better job prospects are key factors driving this trend.
In 2022, the number of Indian students seeking higher education abroad reached 900,000, surpassing pre-Covid levels of 700,000 in 2019. Projections suggest that by 2027, this number will soar to 2 million, reflecting a strong 16% Compound Annual Growth Rate (CAGR).
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