Thinking about moving to Vancouver? Vancouver’s downtown core, surrounded by ocean and mountains, makes for spectacular views from essentially any vantage point in the city. It is the largest city in British Columbia and, as a result of its Pacific Ocean location, is a very important port, exporting Canadian goods to Asia and the USA’s west coast. Here are some pros and cons of living in Vancouver.
Pro: 4 Seasons
Summer can get outrageously hot, but it’s generally sunny and beautiful. Fall brings the changing leaves that brighten every Canadian forest, but it brings cold winds. Winter is freezing. But the snow is pretty, and people who like winter sports will enjoy this time of year. Spring is rainy, but it really does spawn May flowers that brighten the country with blooms.
Winter is quite cold in most places throughout Canada into mid-March except for the coast of British Columbia where winters are relatively moderate. Whistler (which is two hours inland from Vancouver), on the other hand, gets quite a lot of snow, making it a major ski destination through early spring and sometimes into May. Inland near the mountains, the winters can belong. The higher the altitude (Banff and Canmore), the more snow you can expect (sometimes two feet as late as April). Most of the houses might have a granite fireplace to deal with the cold at night but still, the weather could get unbearable at times.
Pro: Strong employment market
Canada has one of the largest economies in the world, and it’s a country known for its economic freedom. Starting a business in Canada is a straightforward process, and with such a strong, healthy economy, there’s a lot of opportunities for your new business to succeed. If you’re not starting your own business, don’t worry! The employment market in Canada is as strong as the economy, and unemployment in Canada is lower than in many other parts of the world.
The government micro-manages almost everything in Canada ranging from school and restaurants to what you eat.
Pro: Employment Opportunities
In order to promote economic growth in the country, the Canadian government continuously looks for foreign workers to supplement local skill shortages in the industries.
Con: Cost of Living
There is a high cost of living with a consumer index price of 78%. Although the wage rate is very high, the cost of goods in the country is very high. If you’re planning to move to Canada be prepared to pay high housing rates. Vancouver homes for sale remain one of the more expensive Canadian cities to live in. Purchasing a home in Vancouver is more than just buying a property; it’s about buying into a transcendent lifestyle and becoming a part of one of the world’s most admired cities.
Moving to Vancouver (or any city in Canada) and owning a house calls for some smart financial decisions. If you wish to or are planning to buy a home, consider reaching out to companies like K5 Mortgage who can help you with handling your finances and the whole mortgage process. Even with the increased cost of living, many people seem to enjoy the lifestyle here and consider settling down. With the right guidance and money management plans, it might not only be less difficult but also quite enjoyable to make a life in Canada.