essentialone:
Why do most wealthy Nigerians prefer to live in Nigeria than to relocate abroad permanently?

Japa is for poor people.

advanceDNA:
Why would u want to go to where tax is crazily high for the rich when u can be in nigeria, pay less, and flex on the poor...

This is a valid point!

BoldBrainz:
My brother, one of the end products of modern day democracy, is the liberty it gives you to exercise and enjoy your "freewill".

Freewill is very regulated and streamlined in those societies you're talking about. You live like an animal that's caged but just given enough room to walk around and stretch.

In Nigeria, even if you're very law-abiding and a modest earner, you'll live like the country belongs to you. No restrictions, very few regulations and the people around you are warm and welcoming.

Top answer.

justwise:


That is why Nigeria is doing impressively well

Impressively bad you mean?

Taxation ensures a more liveable and equal society.

You see the solid highways in Sweden or Denmark, the welfare system of German's or American's and you envy them and wonder how they do it? Answer is effective use of tax money 💰

essentialone:
Why do most wealthy Nigerians prefer to live in Nigeria than to relocate abroad permanently?

People live where they earn income. Nobody moves to any country if he isn’t going to earn income.
You pick photos of people who earn the most income in Nigeria you expect not to live in Nigeria.
Your post and the thought behind it seems to be the issue, and not where these people live.

essentialone:
Why do most wealthy Nigerians prefer to live in Nigeria than to relocate abroad permanently?

They liked it here cos their businesses are either not taxed or under taxed

justwise:


Mention what?

10 country you know that privatised their refinery if you know any

You can only enjoy Nigeria if you're wealthy present statistics.

Chetas81:
10 country you know that privatised their refinery if you know any

I think you quoted the wrong person

justwise:

That is why Nigeria is doing impressively well

. How? I don‘t get it.

so they do not get exposed to the west and get prosecuted for some of their dark deals
so also to get worshipd by the illiterate poor

Is Aboard their fathers land? Why not ask why most Wealthy Americans don't Live in another Country?
Sticking to where you make your money is the number one rule.

justwise:


That is why Nigeria is doing impressively well

. It‘s either you are speaking ironically or somebody has asked you to type this comment under duress e. g with a Gun pointing at you.

BarrElChapo:

Quick question boss, what’s the easiest way a person on tier 2 dependent visa can detach from his or her host. A friend of mine’s came in on a visa and since they came in they’ve been having issues and he’s afraid that she might do something that may cause him to leave the country just to prove a point.

Are there options he could explore? He’s thinking of applying for a masters program, do you think it could help me. Thanks

Woman don deal with this one, he dey lie say na him friend.

justwise:


I think you quoted the wrong person

sorry for that

essentialone:
Why do most wealthy Nigerians prefer to live in Nigeria than to relocate abroad permanently?

Because they can do anything they want in Nigeria and get away with it. They don't have to obey any rules or laws. And Nigerians and Nigeria will be bowing down for them.

Hotfreezing:


Woman don deal with this one, he dey lie say na him friend.

No be me bro, I dey Nigeria, if na me I don’t need to lie about it.

Abroad is for the hustlers. Its for those who are frustrated in Nigeria.

advanceDNA:


I get your sarcasm.....but corruption is the problem Nigerian isn't doing well....not because the rich is paying low or flat tax rate with the poor

The emiratees are oil producers like us....they don't even levy income tax on on its citizens weda rich or poor.......

💯

Do foreign rich men abroad live in Nigeria? Rich men live where their investments are.

No big boy abroad, avoiding tax, milking the poor, corruption, money laundering channel, doing big boy.

They love the anyhow system and anything goes lifestyle in Nigeria which is not obtainable anywhere else. They enjoy the poor value of naira and have their strongest network and investment here.

Curse777:
Go and read what Robert Mugabe of blessed memories said about London, UK and Europe compared to Africa

tell me now, abeg 🙏

creativehubb:

Africa is beautiful...it's the best place to stay, best weather, best food. Who like to suffer when you can do business here, have nannies and cooks, live the easy life, than sweating your ass abroad...that's why wealthy stays here.

Wealthy stays anywhere they want...lol. They have private jet and they can zoom off to wherever they want.

Dotherightthing:
Exactly!

The most successful Nigerians are still based in Nigeria!!

Copium at its peak

Africa remains the untapped natural resources. There is money and huge opportunities in Africa.

The west has already developed and it’s reaching saturation point, in terms of business opportunities. All they are just doing there is routine of running their already established business empire.

But you see Africa, enh, babaa gold mine if one has money and better business sense.

Plus the law is very very relaxed and outdated or non-existent. So you can do so many things and get away with it and that’s the freedom human being wants.

essentialone:


Not asking how Nigeria will be. Asking why the wealthy prefer not to migrate. If you think it is because of their love for Nigeria. Nope.

All those people the op mentioned above ... all make dia billions in Nigeria....

If you were making 200 million naira every month... why would you wanna relocate ?

Common sense na.

For those of us who can't make such or even earn a decent living...we have to go search for greener pastures else where.

Dotherightthing:
Exactly!

The most successful Nigerians are still based in Nigeria!!

Common sense ... should tell you... those successful Nigerians are making dia billions here and probably paying very little tax or even nothing.

4ward4:
Is Aboard their fathers land? Why not ask why most Wealthy Americans don't Live in another Country?
Sticking to where you make your money is the number one rule.

Exactly.

NairaMaster1:


Japa is for poor people.

True ... because... the Nigeria system wasn't design to give the poor hope of making it.

Overseas is almost like a level playing field ... if you work hard , it will result to good pay check..

That why 80% of the people you see building houses in Nigeria today , most of them reside in USA etc.

Lemme use my father as example, he was able to build his first house almost @ 60 , after years of hard work and discipline in Nigeria.

My sis who recently moved just to US about 4 years ago, has bought her first house in Aguda, surulere... just 4 years !!!

And she's not even up to 30 yrs of age.

Dey play !!!

Blitzking:
If u av money going abroad won't be important to u cos they won't deny u visa when u show them ur acct balance and u show u av valuable companies here in Nigeria u can even afford to go as per HNWI High networth individuals and besides there is a lot of money to be made in nigeria here with little stress. My landlord as a student has over 700 buildings in nigeria shopping malls and even bank buildings where they pay him rent wetin that kind person dey find abroad..so make him sell 700 houses..hotels..petrol stations...shopping mall becos him want relocate..he fit travel go ibiza or santorini spend 1 month return back he go be like say he go village..na ppl wey save 2months to 2 years salary sell family land sell household items sell car dey run go abroad sef cos them no fit even pay 3 months rent abroad if them no hustle immediately dem land

700 houses ? Keep lying