This study explores the effect of remittances on human capital development in terms of educational attainment on a global perspectives using GLS modeling. Data from different valid international sources are used in the analyses. Furthermore, it investigates the relationship of remittances with human capital development by region, gender, democracy and financial development. The results reveal significant positive effects of remittances on the changes in average schooling years and secondary enrollment rate in the developing countries. There are regional, genders and financial level variations in human capital development due to remittances flow. Finally, some important policy recommendations have been suggested.