The transitional education is increasingly becoming popular as it provides internationally recognised education at the doorstep of students. The reduction of government subsidies to Western universities has created conditions for looking for alternative ways to generate income to offset the financial short fall. As a result, the Western higher educational institutions have become heavily dependent on onshore fee paying international students. However, the income from onshore fee paying international students is falling. Therefore, universities start to offer their education to international students in their home countries. Scant information on impacts of transnational education is currently available in the public domain. This study reviews the current status of transnational education especially in Asia.