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Why Should Someone Sell Their Properties To Travel Abroad by tope3x(m): 12:54am On Dec 15, 2013 |
Hello house, I was in a friend's house last night when I met this new dude that came in on friday,he was narrating how Nigeria has been hell to his life..talking shi*ts about the country (No water,No stable electricity)and how it costed him lot of money to travel here,where he said he sold his car, his house and his boutique business that he has been managing for 3 years,but I was shaking my head within me cos I know it's not really easy to get a job here...now over to you nairalanders, Why do most Nigerians sell off their properties just to travel abroad and still work abroad to acquire same properties when they get back to Nigeria |
Re: Why Should Someone Sell Their Properties To Travel Abroad by MrKnowitall: 2:15am On Dec 15, 2013 |
[b]Most Nigerians sell their properties to travel abroad because the rate of returns for their time, effort, investment, education etc... is much better abroad. Also, there are other factors you have to add to the equation: security, emergency service, stability, etc... For example, lets say that your friends car was worth $8,000, his house was worth $80,000, and his boutique was worth $10,000. Now lets assume your friend's boutique was bringing in about $16,000 a year, and he spent about $15,000 to come to the United States. So your friend had a minimum of $98,000 minus the $15,000 he spent on coming to the United States, so the moment your friend lands in the U.S he has $83,000 to invest in his future. Because your friend was making $16,000 a year in Nigeria from his boutique, every year he Spense in the U.S, he would have to make at least that much to at least justify why he left Nigeria. But since he had $83,000 cash on hand, you will have to divide the $83,000 by $16,000 he was making yearly in Nigeria so this gives him a 5 year head start. Every dollar your friend makes in those five year is a surplus. If anytime within those five years your friend gets a four year degree or some kind of technical training and starts making $44,000 a year, your friend would be consider a brilliant investor. In fact, he could even go back to Nigeria an use his degree to work and make more money than he would had made running the boutique. There are more variables to the equation but this is just a break down i guess. [/b] 18 Likes 1 Share |
Re: Why Should Someone Sell Their Properties To Travel Abroad by tope3x(m): 2:30am On Dec 15, 2013 |
Thanks Bro. .. Mr Knowitall: [b]Most Nigerians sell their properties to travel abroad because the rate of returns for their time, effort, investment, |
Re: Why Should Someone Sell Their Properties To Travel Abroad by Nobody: 9:01am On Dec 15, 2013 |
@knowitall.............always on point with your analysis.............did you major in accounting/business management? 1 Like |
Re: Why Should Someone Sell Their Properties To Travel Abroad by whizcartel(m): 1:36pm On Dec 15, 2013 |
Idiocracy dats d prob. 2nd 2 comment. 2 Likes |
Re: Why Should Someone Sell Their Properties To Travel Abroad by PAGAN9JA(m): 1:38pm On Dec 15, 2013 |
I want to sell this space to travel to another thread. Anyone interested to buy, contact me. 12 Likes |
Re: Why Should Someone Sell Their Properties To Travel Abroad by damola1: 1:42pm On Dec 15, 2013 |
Mr Knowitall: [b]Most Nigerians sell their properties to travel abroad because the rate of returns for their time, effort, investment, Your friend did not invest $83,000 in Nigeria. He invested $10,000, and had roof, which will also generate side revenue over his head plus mobility. But overall, there are so many factors worth considering. 2 Likes |
Re: Why Should Someone Sell Their Properties To Travel Abroad by Diamonddamsel: 1:44pm On Dec 15, 2013 |
Its a gamble.Many are impressed by beautiful pictures of people wearing coats in the snow and want the same for themselves.Every soceity has its own challenges.If you are not a hardworking and focused person no matter where u move,it will not make a difference.Personally i love Nigeria im ok going for holidays abroad but i cant imagine living permanently. 22 Likes |
Re: Why Should Someone Sell Their Properties To Travel Abroad by boogiejay(m): 1:44pm On Dec 15, 2013 |
kkk |
Re: Why Should Someone Sell Their Properties To Travel Abroad by Abbeymc: 1:44pm On Dec 15, 2013 |
Better tins .thinking is more better there.wrong mentality.bad idea 2 Likes |
Re: Why Should Someone Sell Their Properties To Travel Abroad by Waspy(m): 1:45pm On Dec 15, 2013 |
Talking about what niggaz would do to be out the system and the cesspit. To add salt to the wound, it's not even looking as if its gonna be sane any time soon 3 Likes |
Re: Why Should Someone Sell Their Properties To Travel Abroad by LordMecuzy(m): 1:45pm On Dec 15, 2013 |
Booked Biko |
Re: Why Should Someone Sell Their Properties To Travel Abroad by Nobody: 1:47pm On Dec 15, 2013 |
Everything na choice |
Re: Why Should Someone Sell Their Properties To Travel Abroad by taiwoowiat: 1:49pm On Dec 15, 2013 |
later pls |
Re: Why Should Someone Sell Their Properties To Travel Abroad by alaladakosta(f): 1:50pm On Dec 15, 2013 |
ask me again! |
Re: Why Should Someone Sell Their Properties To Travel Abroad by Nobody: 1:54pm On Dec 15, 2013 |
Those who keep abusing and insulting Nigerians who travel abroad in pursuit of better life should just shut it. I've discovered that most of these critics hold such views only because they do not yet have the opportunity to travel. It's much better in the developed world cos everything works and order rules. And if you are not the lazy type you will not suffer. In Nigeria, hardwork does not guarantee success like it does in the developed world. 31 Likes |
Re: Why Should Someone Sell Their Properties To Travel Abroad by martyns303(m): 1:55pm On Dec 15, 2013 |
Mr Knowitall: [b]Most Nigerians sell their properties to travel abroad because the rate of returns for their time, effort, investment,Assuming right? Cos all those figures ur giving up there makes me laugh. 4 Likes |
Re: Why Should Someone Sell Their Properties To Travel Abroad by greall1: 1:55pm On Dec 15, 2013 |
Ur way no be my way. 2 Likes |
Re: Why Should Someone Sell Their Properties To Travel Abroad by NadiaSA1(f): 1:57pm On Dec 15, 2013 |
PAGAN 9JA: |
Re: Why Should Someone Sell Their Properties To Travel Abroad by OkikiOluwa1(m): 1:59pm On Dec 15, 2013 |
When they are tired of Nigeria & v made up their minds to seek progress in oversea. I tell you, Nigeria isn't getting better but getting worse. If you are just starting from the scratch. Suddenly, you v N600,000. You v a chance of getting success when you use it to travel to USA or England than to invest it in Nigeria. Things ain't comfortable in Nija. More to follow. 6 Likes |
Re: Why Should Someone Sell Their Properties To Travel Abroad by MRL1MPoPoTM: 1:59pm On Dec 15, 2013 |
. |
Re: Why Should Someone Sell Their Properties To Travel Abroad by Hackerjay(m): 2:03pm On Dec 15, 2013 |
Nah him choice nah |
Re: Why Should Someone Sell Their Properties To Travel Abroad by Nobody: 2:04pm On Dec 15, 2013 |
Yes assuming. martyns303: |
Re: Why Should Someone Sell Their Properties To Travel Abroad by funlad26(f): 2:04pm On Dec 15, 2013 |
tope3x: Hello house, I was in a friend's house last night when I met this new dude that came in on friday,he was narrating how Nigeria has been hell to his life..talking shi*ts about the country (No water,No stable electricity)and how it costed him lot of money to travel here,where he said he sold his car, his house and his boutique business that he has been managing for 3 years,but I was shaking my head within me cos I know it's not really easy to get a job here...now over to you nairalanders, Why do most Nigerians sell off their properties just to travel abroad and still work abroad to acquire same properties when they get back to Nigeria No plan of coming back to naija niyen |
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