Australia is ranked within the top 10 happiest countries in the world, holds the number 6 spot for the happiness of foreign-born migrants and is the seventh most accepting country of migrants.
Australia is a good place to settle for both natives and immigrants alike. And why not? The country has a sound economy and banking sector, good governance and some of the best education systems in the world. It is home to not one, but three, of the World’s Most Liveable Cities.
How happy are you in your own country? More specifically, if you now permanently reside in a country that is not your own, how happy are you living where you are now?
Well, if you live in Australia, chances are that you’re a happy camper!
A recent study revealed that Australians — both its native citizens and migrants — are among the world’s happiest people.
Australia’s Top Scores for Happiness
The World Happiness Report 2018, which takes a deep look at how immigration affects the happiness of societies, ranks Australia as the top 10 happiest countries in the world. The report, also ranks Australia as number 6 for the happiness of foreign-born migrants and the seventh most accepting country of migrants in the world. This is especially interesting, given that most of the world’s happiest countries have a high proportion of migrants. In Australia, half the population were either born overseas or has one or both parents born overseas.
Clearly, Australia is a good place to settle for both natives and immigrants alike. And why not? The country has a sound economy and banking sector, good governance and is one of the best education systems in the world. It is home to not one, but three, of the World’s Most Liveable Cities, with Melbourne holding the record of the most liveable city for 7 consecutive years!
Little wonder that Australia’s population growth has been on an uptrend, increasing by another 1.6% to 24.7m in the 12 months to end Sept 2017. That’s one person added every 1 minute and 26 seconds! As expected, the state of Victoria experienced the highest growth in the country, charting a rate of 2.4%.
Is there any surprise, then, to the ever-growing property market within Australia’s largest cities like Melbourne, and Sydney and Brisbane?,
A recent article on the spiraling growth of Melbourne CBD illustrates the population expansion of the city in detail, and how the city is expected to hit 266,455 residents by 2037 due, largely, to births and immigration, thus driving demand for homes.
But, back to the subject of happiness. The World Happiness Report 2018 says that a factor determining immigrants’ happiness is how accepting the people of the host country are. It also notes that among the 10 happiest countries of the world, Australia has the highest percentage of migrants at 28% of its population.
Perhaps Australia is the most successful multicultural society in the world after all.
Spread the happiness around. Let us know how happy you are wherever you are in the comment box below!
By Marzatul Ruslan
CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and purpose-built student property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence.
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