Culture

All about Canadian culture, from people and language to food, drink, books, music, and film

Daily Life

From health care and education, to local eating and shopping, to festivals and things to do, get the scoop on life in Canada

Housing, Jobs, & Money

Finding a home, working, saving, and investing in Canada – here’s how

Immigration

What you need to know to live in, work in, or immigrate to Canada. Citizenship information, too.

Travel

Travel ideas and tips for visiting, touring, and deciding where to live in Canada.

Home » Housing, Jobs, & Money

Canada more affordable for British expats than US or Europe

Submitted by on May 20, 2009 – 8:50 amNo Comment

canadabritainflags“Can you afford your dream country?”

That’s the question the U.K.’s Telegraph newspaper posed to potential British expats considering relocating to the U.S., Canada, or Europe.

According to research by the company Foreign Currency Direct, “the cost of emigrating to the USA has increased by almost a fifth in the past six months alone.”

The Telegraph article also noted that, “The average Spanish property now costs £31,576 more to a British buyer than it did in November last year, yet the cost of living in Canada has gone up by just 3 per cent, making it one of the cheapest of the expat hot spots.

…With sterling strengthening against the Canadian dollar, British expats living there are enjoying more for their pound. The average cost of a property in Canada has risen by only £5,599 in six months, a long way from the £32,303 increase in the US.”

Photo by Elsie esq. (flickr)

Comments are closed.