30% of young immigrants will leave Canada within the next two years?
According to a recent poll of young immigrants aged 18-34 by Leger, 30% of respondents are likely to move to another country within two years.
One of the difficulties noted by immigrants is the high cost of living. After the global price rise from Corona, the price shock from Ukraine is in full swing, and young immigrants are staggered by the soaring apartment rents, especially due to the lack of a jeonse system.
The national cost of living has soared at the fastest rate in 30 years with inflation increase likely to rise further.
Home prices have risen 52% over the past two years, driven by record low interest rate mortgages, and housing is increasingly scarce as rentals dwindle.
Jennifer, a resident of Thornhill, said, “The high cost of living in Canada is a big obstacle for immigrants who have just arrived in Canada. It is difficult to meet living expenses even with a double-earning salary,” he said.
Also, immigrants with college degrees are not happy about issues related to fair job opportunities and salaries. 29% of immigrants with college degrees agree that immigrants are not paid fair wages.
They said they do not recommend Canada as an immigration destination for these reasons.
Tae-Hoon Oh, a lawyer at the Oh Tae-Hoon Migration Corporation, said, “There are quite a few cases where the husband returns to Korea and only the wife and children remain among young immigrant families.
Dave Scholz, Vice President of Ledger, said, “These findings suggest that particularly young and highly skilled migrants can leave Canada.”