Canada was named the 2nd best country in the world in a new 2020 report from U.S. News, up from #3 in 2019. Canada ranked #1 for quality of life and was ranked No. 2 in terms of the best countries to headquarter a corporation and citizenship; and #6 in entrepreneurship. For the fourth year in a row, Switzerland was voted the No. 1 Best Country in the World, ranking a 10 out of 10 - Canada ranked 9.9 out of 10. Luxembourg was named the #1 country in the world to headquarter a corporation.
Canada Is Business Friendly
Canada was named #3 in the Open for Business category, behind Switzerland and Luxembourg, based on factors including bureaucratic policies, cheap manufacturing costs, a low level of corruption, a favorable tax environment and transparent government practices.
65 qualities were used to rate the countries, from quality of life to economic potential in 9 categories:
- Cultural Influence
- Open for Business
- Quality of Life
Immigration Growth Strengthens Canada
In late December 2019, the U.K.-based Centre for Economics and Business Research released its annual World Economic League Table which named Canada the world’s 10th-largest economy, citing population growth brought on by immigration as a major contribution to Canada’s economic strength.
Do You Have a Business or Employees You Want to Move to Canada?
Do you need an overview of Canada or U.S. business immigration law? Do you want advice or strategy for your company, business or career? Schedule a consultation in person, by phone or via Skype or Zoom with an Ackah Law experienced immigration lawyer or experienced legal professional to review your situation and specific questions.
Ackah Business Immigration Law serves clients worldwide, making crossing borders seamlessly a reality for employers and employees. Our corporate immigration and global mobility professionals support our clients' HR, employment law and immigration compliance needs.