Nepalis spend Rs 209 billion on study, travel abroad in one year
Summary
Nepalis spent Rs 209 billion on foreign education and travel in a single year, according to a Ministry of Finance report. The outflow highlights rising overseas study, international holidays and the pressure on Nepal’s foreign exchange reserves.
Key Points
- Nepalis spent Rs 141 billion on overseas education and Rs 67.18 billion on foreign travel in fiscal year 2025/26, taking total outflow to Rs 209 billion.
- The Ministry of Finance said 548,717 Nepalis obtained NOCs to study in 83 countries between fiscal years 2020/21 and 2025/26, with Rs 556.68 billion spent on education during that period.
- Remittance inflows rose 37.1 percent to Rs 2.363 trillion in fiscal year 2025/26, while 406,414 Nepalis received final labour permits for new foreign employment.
- Popular travel destinations for Nepali tourists include India, Thailand, the UAE, Malaysia, Singapore, China and Japan, with affordable package tours boosting demand.
