Canada #1 Country To Relocate To Globally
Compare the Market just compiled a list of the top Google search volume for terms like:
Houses in [country]
[Country] property
Moving to [country]
Relocating to [country]
It found that Canada was the most popular relocation destination for 50 countries, Japan was next for 31 countries, followed by Spain for 19 countries.
It was noted that Canada is very welcoming is a diverse and multicultural country, ranking highly for stability, government transparency, civil liberties, quality of life, economic freedom, and education.
The fact that Canada is the top country to relocate to for 25% of the countries in the world really tells me something. Canada is an amazing country and with instability in the world, raging wars, and climate change, I expect this number to grow higher over the next 20 years.
Canada already has planned immigration targets of :
2022 - 431,645
2023 - 447,055
2024 - 451,000
These people will all need housing and the vast majority will settle in the major cities of Toronto, Vancouver, Calgary or Montreal. This will continue to create high demand for real estate in these cities and higher demand = higher prices. Calgary is the only city that is still affordable to most people and I think it will be a very popular destination for new immigrants. Alberta also has a very ambitious immigration policy and expects the population to grow by 45% over the next 25 years.
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