Hard Days Ahead For Indian Students Thinking To Study In Canada, Australia

In a move effective January 1, 2024, Canada has decided to increase the cost-of-living requirement for international students from CAD 10,000 to CAD 20,635. Immigration Minister Marc Miller cited the adjustment as necessary to align with rising living costs.

However, it has triggered financial anxieties in Punjab, where parents estimate an additional burden of approximately Rs 6.50 lakh.

Seeking to circumvent the GIC hike, many rushed to expedite applications before the deadline.

Meanwhile, Australia has announced plans to tighten visa rules for international students and low-skilled workers, projecting a potential 50% reduction in migrant intake over the next two years. Home Affairs Minister Clare O’Neil emphasized the need to bring migration numbers to a “sustainable level” due to perceived issues in the current system.

Under the new policies, international students must achieve higher English test scores, and increased scrutiny on second visa applications may extend their stay. Prime Minister Anthony Albanese supports the reforms, stating the migration system requires an overhaul for Australia’s future.

These targeted reforms aim to alleviate pressure on the rental market and address homelessness concerns, following a peak in net immigration driven by international students during 2022-23.