Stability is a big driving factor in South Africans seeking to emigrate. Canada comes in at the top of the list in terms of both economic and political stability.
The World Bank forecasted the global economy’s growth to slow to 2.9% in 2019, so countries that provide economic safe harbours for their countries are particularly important.
Being perceived as economically stable is one of the nine equally-weighted attributes used to develop the World Bank’s Quality of Life sub-ranking in the 2019 Best Countries report. The leaders of the overall ranking of this report are generally countries seen as being economically stable. Currently, Canada ranks fourth on the list of most economically stable countries.
Additionally, Canada is overall ranked as the third best country in the world when all 79 factors of the ranking are considered, with Switzerland and Sweden taking first and second rankings.
Political stability, particularly, has always been a concern for South Africa. A country’s political stability rating is determined based on the number of political demonstrations, strike actions and riots that take place within the country, as well as the percentage of the population who vote and are politically active. Canada currently sits at the top of the World’s Politically Stable Countries ranking, as one of two of the only non-European countries to be included in the top ten.
The Fragile States Index, compiled by the Fund for Peace, determines the least fragile companies in the world. Canada currently sits at 10th on the list, placing ahead of Britain, the USA, and most of Europe.
If you are looking for a life that the offers peace of mind that comes with living in a country with a stable economy and political environment – where you are safe and are offered an abundance of opportunities, as well as having equality and fairness being the norm, feel free to contact us to explore your options. Beaver Immigration has access to all the information that you need in order to make this life-changing decision.