logo
Indian students turning to Oz as US tightens visa norms

Indian students turning to Oz as US tightens visa norms

Hans India08-06-2025

Hyderabad: A growing number of Indian students aspiring to go abroad for higher studies are now choosing Australia over the United States (US) for their higher education, marking a significant shift in academic preferences of foreign-bound students.
Education consultants attribute this trend to a combination of practical factors, including tightening of visa norms by the US and Canada. Growing uncertainty in the North American market is also playing a key role. Further, hassle-free visa policies, extended post-study work rights, lower tuition fees, quicker return on investment, and a safer, more affordable lifestyle in Australia, are turning the tide in Oz's favour.
While the US has traditionally been the first choice for Indian students, they now say that visa uncertainties and limited work rights under the present Trump dispensation are pushing them to look elsewhere. In contrast, Australia's streamlined visa process and clear pathways to permanent residency are making it an increasingly attractive option.
Students aspiring to go to the US have seen rising visa rejections, long delays, and uncertainty surrounding post-study work options, especially under the present dispensation. In contrast, those bound for Australia are seeing a relatively smoother visa process, access to world-renowned institutions, and attractive post-study work opportunities.
'Indian students are increasingly choosing Australia over the US due to several practical reasons. The US has seen rising visa rejections, long delays, and uncertainty surrounding post-study work options—especially under Trump. In contrast, Australia offers a smoother visa process, world-renowned institutions, and attractive post-study opportunities,' says Ritika Gupta, CEO of AAera Consultants
Rathan Yarlagadda, CEO of Ascent Consulting Abroad Studies LLP, says 'Two of the most significant reasons are: the abundance of work opportunities during and after studies in Australia, and growing concerns over the possible removal of Optional Practical Training (OPT) in the US, along with the current atmosphere of confusion and misinformation from the US government.'
Australia's Temporary Graduate Visa (subclass 485) allows international students to stay and work for 2 to 6 years after graduation, depending on their field and location of study. This is a major draw compared to the US OPT programme, which offers just 1 to 3 years of work authorization, often followed by the complex and competitive H-1B process.
According to Dilip Kumar N, Australian Migration Agent at Future in Australia, 'The shift is clear. Australia offers open work rights, faster ROI (return on investment) due to lower tuition fees, and fewer immigration hurdles. It's safer, especially for female students, and recent policy updates—like reduced work visa requirements and new scholarship schemes—are making it even more accessible.'
Cost is another critical factor. Australian universities offer relatively lower tuition fees and require lower living expenses compared to US institutions. Students can also work part-time, which helps them manage finances more effectively. Shailandra, Director and Founder of ProgeoN Overseas Education, highlighted the growing appeal: 'Australia's globally ranked universities, multicultural environment, and strong research and career prospects make it the ideal choice. Students find the experience both enriching and financially manageable.' Renu Pandey, Managing Director of SRH Global Edu, summed it up: 'Australia offers academic excellence, career growth, and long-term settlement opportunities in one package. It's a balanced and forward-looking choice for students'.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

The stock-market rally is moving beyond Big Tech and investors are thrilled
The stock-market rally is moving beyond Big Tech and investors are thrilled

Mint

time15 minutes ago

  • Mint

The stock-market rally is moving beyond Big Tech and investors are thrilled

The summer stock rally is broadening beyond big tech. Megacap technology stocks such as Nvidia, Microsoft and Broadcom led the market's rapid, tariff-spurred selloff earlier this year, only to rebound just as quickly a few weeks later when trade fears eased. Now, with economic fears diminished and optimism growing that the Trump administration will take a milder stance on trade, the recovery has expanded to include stocks across a more diverse group of sectors, such as financials, industrials and utilities. The number of stocks in the benchmark S&P 500 closing above their 50-day moving average has climbed recently to levels last seen in the fall, before Donald Trump's election victory launched an end-of-year rally. And in another sign of breadth, a measure that tracks the number of stocks rising versus those declining notched a new high on Friday. While the so-called Magnificent Seven tech stocks still hold investors' attention—and sway over the market—a broader participation in the recovery has helped propel the Nasdaq composite and the S&P 500 to all-time-highs in June. It could also signal that stocks will keep climbing through the summer, analysts say. 'We've seen this before: big tech leads and the market follows," said Adam Turnquist, chief technical strategist at LPL Financial. 'It seems like we are dusting off that playbook." Wall Street generally views improving breadth as a signal of a healthy stock market and a sustained advance. Whether the trend continues will depend on a few uncertainties still looming in the second half of the year: potential conflict in the Middle East, the path of interest-rate cuts from the Federal Reserve and the final outcome of President Trump's tariff plans. 'As long as things can stay stable, then this market is not exhausted by any stretch of the imagination," said Tom Essaye, founder of the Sevens Report, a market analysis firm. Market breadth has improved as investors who missed out on tech stocks' historic rebound search for new opportunities in different industries, Essaye said. He called it the 'FOMO trade," referencing the acronym for 'fear of missing out." Others have made longer-term bets in less popular industries. Jamie Cox, a managing partner at Harris Financial Group in Richmond, Va., didn't increase his proportion of big-tech holdings over the past few months even as prices dipped. But in recent weeks, his strategy—which includes a blend of defense, financial and large-cap international shares—has started to pay off. 'I'm surprised it took this long," he said. 'It's been a long time coming." Cox, who manages $1.2 billion at Harris, said that, in recent months, he has heard from clients looking to diversify the stocks in their portfolios. 'That lends itself to owning different things than just the most effective of the tech stocks," he said, such as shares of defense contractors Lockheed Martin and RTX Corp. 'You buy the less-aggressive, more tried-and-true, boring stocks." The recovery hasn't worked its way through every corner of the market. Small-cap stocks still lag behind major indexes. It might take a significant shift in the outlook to change that, said George Pearkes, macro strategist at Bespoke Investment Group. 'We would have to see a change in risk appetite." Some investors think that a confidence boost could come sooner than expected. Eric Teal, chief investment officer at Comerica Wealth Management, said he is adding midcap, small-cap and even microcap companies. He is buying shares of domestic banks that he thinks won't be affected by future tariffs, and said the Fed's rate cut could also boost smaller firms. 'The broadening out that we've seen over the last number of months is not something that's going to be short-lived," Teal said. It is unlikely that the market's biggest tech names will fade into the background soon, analysts said. Optimism for artificial intelligence, which powered tech stocks' ascendance to new highs, is still top-of-mind for professional and individual investors alike. But as tech shares have rebounded, so have valuations: Some large-cap names traded at more than 30 times their expected earnings over the next year last week, compared with an S&P 500 average of about 22 times. Those rich prices could be another nudge for traders to start snapping up shares in different industries, said Brian Buetel, a managing director at UBS Private Wealth Management. 'Nobody disagrees that the Mag Seven are just extremely expensive," he said. 'People forget there are sectors of the market that are on sale—that are cheap." Write to Hannah Erin Lang at and Roshan Fernandez at

Retail sector gaining momentum, growth expected to reach 9-10 pc soon: RAI
Retail sector gaining momentum, growth expected to reach 9-10 pc soon: RAI

Hans India

time22 minutes ago

  • Hans India

Retail sector gaining momentum, growth expected to reach 9-10 pc soon: RAI

New Delhi: The Indian retail sector, currently valued at $900 billion, is showing signs of strong recovery and is expected to grow at a faster pace in the coming months, according to the Retailers' Association of India (RAI). The sector, which is currently growing at a rate of 5 per cent, is likely to soon pick up speed and reach a growth rate of 9 to 10 per cent. RAI's CEO Kumar Rajagopalan said that right after the pandemic, the retail sector had bounced back strongly with a 20 per cent growth rate. "However, in the last one year, the growth slowed down to around 5 per cent. Now, with the markets stabilising, consumers spending more, and the right consumer base in place, the sector is once again showing signs of faster growth," he added. Meanwhile, as per RAI's 62nd Retail Business Survey, retail sales across India grew by 7 per cent in May 2025 compared to the same month the previous year. This marks a significant improvement after months of moderate growth ranging between 4 to 5 per cent. Region-wise, southern India led the way with a 9 per cent growth in retail sales in May. Western India followed with 7 per cent, while northern and eastern regions recorded growth of 6 per cent and 4 per cent, respectively, as per the report. Among the different segments, quick service restaurants (QSR) showed the highest growth at 10 per cent. Consumer durables and electronics, along with furniture, also performed well with an 8 per cent rise each. Rajagopalan said this increase shows that people are now more willing to spend, especially on non-essential or discretionary items. Looking ahead, the RAI CEO expressed optimism about the upcoming festive season. He said that the improving consumer sentiment could further boost retail sales and bring the sector closer to double-digit growth in the near future.

Running a family business with loans or gifts? Know the tax rules
Running a family business with loans or gifts? Know the tax rules

Mint

time27 minutes ago

  • Mint

Running a family business with loans or gifts? Know the tax rules

I have two questions regarding laws around investments, business and loans applicable to an HUF: a) can money be lent to an HUF and the same money can be invested? Will income from such investment be taxed in the HUF's hands while the principal remains debt? b) Can an HUF start a business using gifts or loans? Will clubbing apply? Yes, a Hindu Undivided Family (HUF) can accept loans, and this is one of the most effective ways to introduce funds into the HUF without triggering adverse tax implications—provided the loan is genuine and properly documented. It should clearly state the repayment terms and, if applicable, the interest payable. If an HUF borrows money and invests those funds (for example, in shares, mutual funds, or fixed deposits), any income earned from such investments—such as interest, dividends, or capital gains—is taxable in the hands of the HUF. The original loan continues to be shown as a liability on the HUF's books. Moreover, if the borrowed funds are used in a business or to earn taxable income, the interest paid on the loan can be claimed as a deduction, as long as it meets the standard tax rules for expense eligibility. However, caution is advised when the loan is from members of the HUF. If the loans are frequent, large, interest-free, or never repaid, the Income Tax Department may recharacterize such funds as indirect gifts. This could result in clubbing of income—i.e., taxing the income from such funds in the hands of the lender member instead of the HUF. To second the second question: Yes, an HUF can own and operate a business. It is recognised as a separate legal entity under Indian law. However, it cannot engage in professions or services that depend on personal skills or qualifications—since it is not a natural person. For example, an HUF cannot be a lawyer or a doctor. When it comes to starting a business, the source of funds becomes crucial from a tax perspective: Gifts: If the business is funded through gifts from members or third parties, the ₹ 50,000 threshold under Section 56(2)(x) of the Income Tax Act applies. Since the HUF has no 'relatives' under the gift tax definition, even gifts from members may be taxable if the value exceeds ₹ 50,000 in a year. Loans: Loans from members or outsiders are permissible and preferable, as long as they are properly documented. Loans don't attract tax liability for the HUF as long as the transaction is genuine and repayable. Member's Personal Funds or Assets: If a member—including the Karta or any coparcener—contributes personal funds or assets to start or run the HUF business, clubbing provisions under Section 64(2) of the Income Tax Act come into play. This means that any income generated from such funds may be taxed in the hands of the member, not the HUF. This clubbing continues even if the funds are converted into another form or reinvested. Given these legal and tax implications, funding a business through properly structured loans is generally more tax-efficient and compliant than using gifts or personal contributions from members. Documentation and intention must be clear to avoid income being clubbed back to the contributor. CA Vijaykumar Puri, partner at VPRP & Co LLP, Chartered Accountants

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store