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  • Canada Ranked #5 on the Legatum Prosperity Index

    According to the Legatum Prosperity Index 2016, published in November 2016, Canada is the #5 best place to live in the world! The London-based Legatum Institute assessed 149 countries, rating them on several sub-indexes: business environment; economic quality; education; governance; health; natural environment; personal freedom; safety and security; and social capital. Each country received a ranking for each of the sub-indexes and was also given an overall ranking. The Legatum Prosperity Index 2016 reported that “Canada is a consistent prosperity performer, sitting in the top five for eight of the last ten years.” Only 1st place New Zealand, 2nd place Norway, 3rd place Finland and 4th place Switzerland were rated higher on the Legatum Prosperity Index 2016 than 5th place Canada, which was ahead of #6 Australia, #7 Netherlands, #8 Sweden, #9 Denmark, #10 United Kingdom and 139 other countries. By comparison, Germany was rated #11 overall, the United States was #17, France was #18, Japan was #22, Italy was #32, Brazil was #52, China was #90, Russia was #95, and India was #104 overall on the Legatum Prosperity Index 2016.

     

    On the sub-indexes, the Legatum Institute considered Canada #2 for personal freedom; #3 for business environment; #3 for social capital; #9 for governance; #13 for economic quality; #14 for education; #16 for health; #19 for natural environment; and #22 in the world for safety and security, out of the 149 countries it examined. It is no coincidence that many people who live in countries with repressive governments or high inequality decide to move to Canada so they can experience the freedom, good governance and prosperity that Canadian residents enjoy.  Others who dwell in dangerous parts of the world want to live in Canada so they can have safety, security and stability. One of the main motivations to move to Canada for many foreign nationals is that Canadian permanent residents have great opportunities to find jobs in Canada or to start their own businesses. Canadian permanent residents also receive free basic healthcare and have many educational options available to choose from. Furthermore, people who live in Canada are never far away from amazing scenery, whether in its incredible cities and towns or in the Great Outdoors. As the Legatum Institute suggests, "prosperity" can be measured by a variety of indicators and on so many different levels, Canadians are among the richest people on the planet. To find out if you are likely to meet the eligibility criteria for immigration to Canada, click here!

     

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