International students will now need to save more money to study in Australia

    International students will now need to save more money to study in Australia

    The Australian government is increasing the minimum savings requirement for international students applying for a student visa in order to ensure their financial stability and discourage immediate job-seeking. From October 1, students will need to demonstrate savings of $24,505, a 17% increase from the previous threshold.

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      Migration via investment route catching on among rich Indians

      Migration via investment route catching on among rich Indians

      The recently introduced Indian ODI (outward direct investment) regulations - which permit direct investments in international entities, subject to certain conditions - have acted as a catalyst for many wealthy Indian families to explore international investment opportunities, says Sunita Singh-Dalal, partner, private wealth & family offices at Hourani & Partners in the UAE.

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      A new Digital Nomad visa will allow you to live rent-free on an Italian island

      A new Digital Nomad visa will allow you to live rent-free on an Italian island

      The village of Ollolai in Sardinia has launched a program called 'Work from Ollolai' to attract remote workers. The scheme offers experienced professionals the opportunity to work in Ollolai rent-free, with applicants only needing to pay €1. In return, the community asks that participants share their knowledge with the local community.

      America desperately needs people who are good at math

      America desperately needs people who are good at math

      The Defense Department has called for a major initiative to support education in STEM fields. The number of math-related jobs is increasing faster than other occupations, but most American students are not prepared for these roles. The lack of math skills could result in lower salaries and reduced productivity and competitiveness for the country.

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        Australia cracks down on student visa exploitation; to ban agents caught poaching

        Australia cracks down on student visa exploitation; to ban agents caught poaching

        The Australian government plans to ban education agents who are paid to recruit students from their current institutions, as part of efforts to address issues within the international education sector. The move is in response to a review led by Christine Nixon and aims to restore integrity and safeguard student welfare.

        Should you head to Canada this Fall for university? What experts are saying

        Should you head to Canada this Fall for university? What experts are saying

        Some experts believe that the tensions are temporary, but parents are cautious. While Canadian universities express confidence that the tensions will not affect visa processing, the Canadian government's response to India's visa process suspension will determine the future direction of Indian students to Canada.

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        The ultimate guide for NRIs and Indian residents for opening a joint account in India

        The ultimate guide for NRIs and Indian residents for opening a joint account in India

        Non-Resident Indians (NRIs) can now open joint bank accounts with Indian residents, thanks to regulatory changes made by the Reserve Bank of India in 2011. This allows NRIs to provide financial support to their families in India more easily. NRIs can only hold resident savings accounts as joint holders with Indian residents, and cannot be single holders of the resident account.

        How a forex card could save you more than a credit card during international trips

        How a forex card could save you more than a credit card during international trips

        From October 1, 2023, forex cards will attract at 20% if the user loads over Rs 7 lakh on the card in a financial year. There is no TCS on international credit cards. Does it mean that credit cards will be a better option than forex cards while travelling abroad? Read carefully to find out

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        China seeks to make travel, payments easier for foreigners

        China seeks to make travel, payments easier for foreigners

        China is implementing measures to make it easier for foreign tourists to visit the country, including simplifying the process to book tickets, register at hotels, and use overseas bank cards. The move is aimed at boosting tourism and economic growth, as visitation figures remain low due to concerns about safety, visa complications, and unique payment systems.

        The Economic Times