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Indians send 24% less money abroad for education in August; remittances hit 8-year low

India’s outward remittances for education abroad fell 24% year-on-year in August 2025 to $0.32 billion — the lowest August figure since 2017. Travel-related remittances also dipped 19%, pulling overall LRS remittances down 18% to $2.64 billion. Experts link the decline to tighter visa norms and shifting student preferences away from the US towards Europe, Australia, and the Middle East. While remittances for deposits and medical treatment fell, investments in property and equity rose. Economists

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