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The temporary lifting of the cap, initiated in November 2022 to address the nationwide labor shortage, is set to be reversed by the end of April.

Amid an ongoing cost-of-living crisis, nearly two-thirds or 64 percent of these graduates indicated that their university education had improved their job security. The data also highlighted the positive impact of university education on building essential transferable skills for the U.K. industry.

Indian international students led the surge in U.S. student visa issuance during the 2022 fiscal year, with a remarkable 43-percent increase in F-1 visas issued. While the approval rates declined to 65 percent, the growth indicates a positive trajectory for the US as a preferred destination for foreign students.

Top destinations for international education are competing to attract foreign students, with Canada’s Tech Talent Strategy serving as a model. Streamlined paths to permanent residency and open work permits for graduates have made Canada an enticing destination for overseas students seeking quality education and career opportunities.

Canada has expanded its open work permit options for Hong Kong nationals, allowing those with a Canadian post-secondary diploma or degree from the last 10 years – up from five – as well as foreign credentials subject to an Educational Credential Assessment, to stay and work in the country for two additional years.

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