Canada has been named one of 50 places in the world to retire, according to a report by a European travel website.
The list was recently compiled by Enjoy Travel, a UK-based car rental price comparison site, taking into account a variety of priorities for retirees, including those trying to retire early.
To determine the ranking, Enjoy Travel analyzed factors such as cost of living, quality of life, ease of obtaining a visa or residence permit, as well as entertainment and rent costs. . Good weather, health care, hospitality and language barriers for English speakers were also part of the analysis.
Canada ranks 22nd in the world, thanks to what Enjoy Travel called easy access to visas and residence permits and a high quality of life.
Recently released census data shows that immigrants made up nearly a quarter of all people living in Canada in 2021 and are expected to make up a third of the population in 20 years.
The proportion of immigrants is the highest ever recorded in Canada and the highest among the G7 countries.
But Canada wasn’t in the top 10, or even the top 20, by one factor: cost of living.
Specifically, the report warned of costs associated with rent and restaurant consumption, saying prices for both are higher than in most of the other top 50 countries.
According to Rentals.ca’s most recent National Rent Report, rental housing prices in Canada rose 15.4% year over year in September, reaching an average of $2,043 for all types. of houses. This is the largest year-over-year increase in average rent since April 2019, according to the report.
Countries that do better than Canada in the rankings include Slovenia, which managed to secure the top spot due to its low cost of living, high quality of life, low barriers to visas and residence permits and its mild temperatures, and because English is widely spoken.
Portugal came in second thanks to its affordability, “extremely” high quality of life and access to a range of visas and residence permits. The report also praised its “sunny weather, great restaurants and laid-back culture”.
After Portugal, Estonia ranked third. Low cost of living, high quality of life, easy access to visas and residence permits, and widely spoken English are cited as the main factors for Estonia, along with cleanliness and safety.
Noticeably absent from this list is Canada’s neighbor to the south. The United States did not make the top 50, but is mentioned as having a higher cost of living, including rent, entertainment and other expenses.
Those behind the list said counties should offer a ‘mix of everything’, saying, for example, if a country ranks high in quality of life but a pensioner’s chances of getting a visa are close of zero, it would not. to be understood.
Enjoy Travel did not say if this is what excludes the United States
Reporting for this story was paid for through the Meta-funded Afghan Journalists in Residence project.