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This study investigates analytically how the country can increase the effectiveness of the study migrants acceptance policy. In particular, this study attempts to find a way of increasing domestic human capital by accepting study migrants. This study reveals that to raise the effectiveness of the policy, the host country’s government should regulate acceptance according to their innate ability Also, if unskilled regular jobs are available to study migrants in the host country after education, the host country s government should implement policies to encourage them to receive an education.