Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,288 members, 7,807,977 topics. Date: Thursday, 25 April 2024 at 12:55 AM

What Happens To The Money And Property Of Those Deported? - Travel (2) - Nairaland

Nairaland Forum / Nairaland / General / Travel / What Happens To The Money And Property Of Those Deported? (35746 Views)

Man Deported After Confessing His Immigration Status To UK Catholic Priest / Edo Woman Deported From Germany With Her 3 Kids, Cries In Lagos (Photos) / My Sister To Be Deported Back To Nigeria On Arrival In Israel This Morning (2) (3) (4)

(1) (2) (3) (4) (Reply) (Go Down)

Re: What Happens To The Money And Property Of Those Deported? by franchasng: 7:19pm On Jul 18, 2019
cry
Re: What Happens To The Money And Property Of Those Deported? by PrincessB1(f): 7:19pm On Jul 18, 2019
The Govt will FREEZE it.
Re: What Happens To The Money And Property Of Those Deported? by dejolly(m): 7:20pm On Jul 18, 2019
It will be forfeited because the money or properties are gotten illegally. A wise one will always send money back home and acquire less properties because of the illegality of their residence

1 Like

Re: What Happens To The Money And Property Of Those Deported? by Nobody: 7:23pm On Jul 18, 2019
Free properties for friends and landlords. They don't have bank accounts so I guess they should have their monies with them or have a friend who keeps for them.
Re: What Happens To The Money And Property Of Those Deported? by kipesco(m): 7:23pm On Jul 18, 2019
FlutterDollar99:
The government takes over the property because it is assumed to have been obtained illegally. That is why it's better to travel legally and not engage in any form of crimes whatsoever .

To be on a safer side, if you want to engage in dubious activities you can remit your money immediately to your family back home... That's if they don't use your money to flex instead of building a house for you

That kind thing ehhhh

Person go carry money wey u don hustle just dey flex only for you to come see nothing.

1 Like

Re: What Happens To The Money And Property Of Those Deported? by crackhouse(m): 7:24pm On Jul 18, 2019
MrsInvisible:
I think most times friends are taking care of the belongings. Worst case the landlord will throw everything away. I know one boy that was deported he was crying lot because he had to leave his newly bought bike behind . The German government does not care
is that the kind of property he's talking about?
Re: What Happens To The Money And Property Of Those Deported? by seunmohmoh(f): 7:25pm On Jul 18, 2019
It belongs to the state.
Re: What Happens To The Money And Property Of Those Deported? by naijadjpool: 7:25pm On Jul 18, 2019
When someone is deported it depends on what they have and the marital status
Say for example
Mr A was arrested and detained before he is deported there are always some legal works done and it takes some days before they are removed finaly so family and friend can visit and help with some personal or financial property.
If in the US unless is house is paid or loan assumed by someone else the house will be foreclosed to the lender. Cars on loan will also be repossessed

My 2cent

2 Likes

Re: What Happens To The Money And Property Of Those Deported? by nextstep(m): 7:25pm On Jul 18, 2019
It's still there. You just have to move it/sell it, as long as the money and property are legally yours.
Now, depending on the country (e.g. India), one might need to be a national to purchase property - if this was done under pretext, then the property is forfeit.
Re: What Happens To The Money And Property Of Those Deported? by FlutterDollar99(m): 7:25pm On Jul 18, 2019
kipesco:

That kind thing ehhhh
Person go carry money wey u don hustle just dey flex only for you to come see nothing.
such is life
Re: What Happens To The Money And Property Of Those Deported? by Chiefochiefo(m): 7:26pm On Jul 18, 2019
I think your question is incomplete. Deported base on what? How long has the person stayed? Does he/she has a family? Did he/she worked atall? Or working to earn money? Does he/she has a house where he/she leaves? Besides the money worked in a country is still their money. And if you were caught on a criminal offence, you don't have any money or property to claim. That's how the law works. If also you're an illegal migrant in that country, when caught, they assumed you are not supposed to exist, telling them you have money at home or property is like a robber telling the owner of the house where he kept all the money he stole from him because he must surely claim it back. So, if your family or friend is not fast enough to hide few things, na sorry be your name. It's also risky for them.

5 Likes

Re: What Happens To The Money And Property Of Those Deported? by 27Pushing30: 7:28pm On Jul 18, 2019
blaise00700:
Once you can show proof of income and your tax record is up-to-date, then your money remains yours.

The question is; who has proof of income and valid tax clearance and doesn't have a visa...?
���
Re: What Happens To The Money And Property Of Those Deported? by nextstep(m): 7:28pm On Jul 18, 2019
FlutterDollar99:
The government takes over the property because it is assumed to have been obtained illegally. That is why it's better to travel legally and not engage in any form of crimes whatsoever .

To be on a safer side, if you want to engage in dubious activities you can remit your money immediately to your family back home... That's if they don't use your money to flex instead of building a house for you

You can just send to your own bank account in home country... don't need to involve family at all. Ideally use it to buy treasuries or timed deposits so some bank employee doesn't start getting ideas.
Re: What Happens To The Money And Property Of Those Deported? by Vikzz(m): 7:28pm On Jul 18, 2019
FuckThaMod:
Been asking the same questions too.. I had over £3.5million worth of properties in scotland before... This life ain't fair to the good hearted cry

shocked
Re: What Happens To The Money And Property Of Those Deported? by Oceannaagent: 7:30pm On Jul 18, 2019
Always good to invest at home
When situation like this emerges, you will have something to fall back to


We have such platform
Click on my profile

1 Like

Re: What Happens To The Money And Property Of Those Deported? by InvertedHammer: 7:31pm On Jul 18, 2019
/
If a house, the bank takes back the property after obvious default on payments. If in an apartment, the management will auction off the property on eviction. If a car that is financed, repo guys will tow it back to the lenders choice of storage for onward auction.

This is when good friends come handy. He can write cheques and send to a friend to clear his bank account and forward to him.
If he is married, it shouldn't be such a big of a problem. The wife will assume all responsibilities. The only caveat is that the marriage may be as good as dead.

2 Likes 1 Share

Re: What Happens To The Money And Property Of Those Deported? by FlutterDollar99(m): 7:34pm On Jul 18, 2019
nextstep:


You can just send to your own bank account in home country... don't need to involve family at all. Ideally use it to buy treasuries or timed deposits so some bank employee doesn't start getting ideas.
wow that's a wise way to go about it sha. Nice idea
Re: What Happens To The Money And Property Of Those Deported? by netflicks(m): 7:38pm On Jul 18, 2019
No... he doesn't want to come back to this animal Kingdom, hell on earth...
Re: What Happens To The Money And Property Of Those Deported? by InvertedHammer: 7:40pm On Jul 18, 2019
blaise00700:
Once you can show proof of income and your tax record is up-to-date, then your money remains yours.

The question is; who has proof of income and valid tax clearance and doesn't have a visa...?
/
Where will you be showing proof of income and tax record? Your home country? Or you ask Immigration officials to take you to the bank first? grin

They are deporting oga without anything.

/
Re: What Happens To The Money And Property Of Those Deported? by Nobody: 7:43pm On Jul 18, 2019
That'e a very loaded question. It really is dependent on the situation. If the person has an account in the bank and assuming that he has no body to give a power of attorney to retrieve the money for him, then the money stays in the account until the Bank turns over the funds to National Association of Unclaimed Property Administrators which every state in the US acting in the best interest of consumers, has enacted an unclaimed property statute that protects a persons funds from reverting back to the company if you have lost contact with them.

These laws instruct companies to turn forgotten funds over to a state official who will then make a diligent effort to find you or your heirs. Most states hold lost funds until you are found, returning them to you at no cost or for a nominal handling fee upon filing a claim form and verification of your identity. Since it is impossible to store and maintain all of the contents that are turned over from safe deposit boxes, most states hold periodic auctions and hold the funds obtained from the sale of the items for the owner. Some states also sell stocks and bonds and return the proceeds to the owner in the same manner.

As for the property, if the house is paid for meaning he does not owe any mortgage, then all he has to worry about is paying taxes on the property. If taxes are not paid, then the city where the property is located would put a tax lien on the property and if not paid after a period of time, the city usually sell the tax lien to investors who would pay the tax and after a period of time usually a year or more depending on the state in question then the house is taken over by the investor who paid the tax on the said property.

But assuming that the house is not paid for, then the Bank or the mortgage company [the legal owner] would take over the property if the mortgage is not paid when it's due...usually monthly. If he's renting, then the landlord would dispose of his property and then rent the apartment to another tenant.

The above scenario is what usually happens in cases where an individual unexpectedly has no access to his bank account or abandons his property and that would be applicable as well when an individual is deported.

5 Likes

Re: What Happens To The Money And Property Of Those Deported? by playpaz: 7:45pm On Jul 18, 2019
Is shared among tax payers

1 Like

Re: What Happens To The Money And Property Of Those Deported? by LOVELYSKINZNEW(f): 7:57pm On Jul 18, 2019
if it is Nigeria government now you will say corruption, okay wat will you call dis one
Re: What Happens To The Money And Property Of Those Deported? by martineverest(m): 8:06pm On Jul 18, 2019
NobleAngell:
It becomes forwarded to voicemail.
u are one of those youth woke soyinka was Talking about.....
Re: What Happens To The Money And Property Of Those Deported? by grandstar(m): 8:07pm On Jul 18, 2019
FlutterDollar99:
The government takes over the property because it is assumed to have been obtained illegally. That is why it's better to travel legally and not engage in any form of crimes whatsoever .

To be on a safer side, if you want to engage in dubious activities you can remit your money immediately to your family back home... That's if they don't use your money to flex instead of building a house for you

It best they open a domiciliary account where the money will be paid into.

I won't advise they keep it in Naira due to the tendency of the currency to depreciate in value.
Re: What Happens To The Money And Property Of Those Deported? by orunmila144: 8:15pm On Jul 18, 2019
nothing happens to your money and property. the government does not care about all that. they just want to remove you physically from their country. if you have money and prooperty, when you have been deported to your country then starrt making phone calls to trusted people to help you withdraw your money and send it back to you and if you have a current account just use your online banking to transfer all your money into your bank in nigeria. so to answer your question, nothiing happens to your house or money. it just remains there till you find a trustworthy person to sell the house for you and send you the money
Re: What Happens To The Money And Property Of Those Deported? by quickly: 8:15pm On Jul 18, 2019
Bank will chop the money, if they have anything and the property will just rot
Re: What Happens To The Money And Property Of Those Deported? by yeman1(m): 8:21pm On Jul 18, 2019
I have 2k dollars in Belarus Bank. I was not deported but d school gave us compulsory summer break to visit our family in Nigeria and come back . so no money to come back again. I've written d bank many times but no reply.
Re: What Happens To The Money And Property Of Those Deported? by AjalaDtraveller(f): 8:24pm On Jul 18, 2019
I am just reading some comments and laughing, some people are here just making assumptions. Based on what I have personally observed, everything depends on the country in question. In some western nations from the moment you are detained to be deported, kiss every kobo goodbye. Even if you send someone with an ATM to withdraw the money, it won't work. Your account is one of the very first things to be blocked. It's a horrible experience and the worst thing is that you can't fight it.

(1) (2) (3) (4) (Reply)

Nigerian Man Dies In Mozambique. Do You Know Him? (Photo) / Air Peace Aircraft Develops Engine Failure Mid Air / Three Nigerians Deported From India For Illegal Stay (Photo)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 42
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.