New Zealand plans to double global student market by 2034, eases work rules
International student enrolment growth is expected by the government from 83,700 in 2024 to 105,000 in 2027 and 119,000 by 2034 and double its value to the economy.EASIER WORK RULES FOR GRADUATESIn a bid to attract international students, the government has decided to relax employment rules for graduates.Education Minister Erica Stanford said, "With international student enrolments steadily increasing since 2023, the government wants to 'supercharge that growth track' to reach NZ$7.2 billion ($4.32 billion) by 2034."The new regulations will allow international students with a bachelor's degree or higher qualification to stay and work in the country for up to three years after graduation.FUTURE-FOCUSED AND SUSTAINABLE GROWTHThe strategy also involves improving visa settings, creating new policies that target global talent, and ensuring that graduates contribute to sectors that benefit the national economy."In the short term, Education New Zealand will focus its promotional efforts on markets with the highest potential for growth," Stanford added.The updated approach follows a steep decline in international enrolments during the pandemic, when New Zealand enforced strict border closures.The sector has been a major source of revenue and talent for universities, polytechnics, and schools across the country.A HIGH-VALUE EDUCATION SECTORAccording to the plan, New Zealand will work to attract students from diverse countries, not just its traditional markets. The government wants international graduates to feel welcomed and supported, with clear employment opportunities post-study.The government is also seeking stronger partnerships with education institutions and employers to align education programmes with industry demands.With these changes, New Zealand hopes to rebuild its global reputation as a trusted and attractive destination for international students and skilled migrants.(With inputs from Reuters)- Ends
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