The article discusses the envisaged outcomes of internationalisation policy of higher education in the context of the European Higher Education Area, and the effect of internationalisation policy on quality in higher education. In Lithuania, internationalisation of higher education is supported by large amounts of public finance, in the hope that internationalisation will provide added value to the quality of higher education. However, there are no tools for collecting evidence of whether that investment is properly used. The research question of the study is how the internationalisation policy impact on quality in higher education and its influence on wider society may be measured in a particular national context. The article presents exploratory research findings based on an extensive literature review and views of policymakers, higher education administrators and academics evaluated as a set of indicators and criteria to be used in assessing the impact of internationalisation policy on quality in higher education and its influence on wider society.