Start saving and investing early if you want your child to study abroad

Get an estimate of the amount you need to target and then invest in simple equity funds to arrive at the goal

Sanjay Kumar Singh New Delhi
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Most upper-middle-class (and above) parents today regard a foreign degree as a passport to the good life for their child. Hence, educating her in a top-class foreign university is among the most important goals among upper middle class and affluent Indians. This Children’s Day, let us get into the nitty-gritty of what this goal will cost you and how you can go about achieving it.
Most popular destinations
While earlier the most popular destinations were the United States (US) and the United Kingdom (UK), today they have been supplanted by Canada. “In Canada, there is a high probability that after completing her course the student will get a work visa, then a permanent residency, and finally a citizenship. Both in the US and the UK, there is a high level of uncertainty nowadays in this regard,” says Neeraj Khanna, co-founder and director of Bengaluru-based Spark Career Mentors. While Canada is increasing its ta

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First Published: Nov 13 2020 | 5:50 PM IST

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