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Nairaland Forum / Nairaland / General / Travel / 800k A Month: Should I Travel To Canada? (8143 Views)
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Re: 800k A Month: Should I Travel To Canada? by Mancala: 1:35am On May 26, 2020 |
lucasalves: 800k Naira monthly income may be a ballers income in Nigeria but not in other parts of the world. An individual can live well on that income but will need to manage very carefully to save for retirement. It is roughly equivalent to $2k a month or $24k a year; poverty level for a family of 3 in the U.S. (even considering that school is free and at this income, you will qualify for subsidized health insurance). An entry level professional (bachelors degree) in my professsion earns about $60k a year. However, you will spend a significant portion of your income on living expenses here no doubt. 1 Like |
Re: 800k A Month: Should I Travel To Canada? by RaptorX: 1:49am On May 26, 2020 |
Coolabbie:Canada is an overrated icebox that is all the advice he needs. Probably a made up story anyway, someone making 800k in Nigeria will not be here seeking stupid advice when with your income you are living better than 90% of Canadians 10 Likes |
Re: 800k A Month: Should I Travel To Canada? by RaptorX: 1:58am On May 26, 2020 |
boyo123:Most people that give immigration advice on this forum have never flown from Abuja to Lagos and vice versa, that is why they all parrot the same do it for your kids nonsense. 14 Likes |
Re: 800k A Month: Should I Travel To Canada? by Nobody: 2:26am On May 26, 2020 |
Ope4Christ: Advisers League of Nairaland. |
Re: 800k A Month: Should I Travel To Canada? by doctimi(m): 5:15am On May 26, 2020 |
Hi Buddy, I think you are doing well for yourself. People have earned more than that and still relocated albeit for different reasons. I was earning lesser (about 8 mil per annum) when I relocated and I did for 3 reasons. Money for me was secondary. 1. I desire to have a passport that gives me access to at least 50-60 countries without the hassle of visa application. 2. I wanted some international education, work experience and exposure. 3. I'm single, so I considered it as an adventurous move, such that if it flop, I'll return and start my life again. Fear of the unknown can be a repressive tool If the reason for relocation is to make more money, I won't say that's a flawed perspective. However, you just need to have some realistic expectation. I believe a lizard cannot be a crocodile in Manitoba. If you can make money in Nigeria, then you can make it else where. That said, other indices should also guide your decision. Sometimes last year, I collapsed on the highway while driving due to some kidney issues. I was picked up by the paramedics and fixed like a broken machine around 2am and in 72hours, I was back up. I'm grateful to God for that experience. I can't say categorically that I could have survived such crisis if in Nigeria. I hope this simple story can help you make some informed decisions. I should also say, same way there are rich and poor peeps in Nigeria, so there are in Canada. It's not a perfect society, but it offers some sanity, opportunities and peace of mind. If our dear Nigeria offers that, lots of people will return. On making more money.... I wish you well. Like the state of Florida, may your life be filled with sunshine. 13 Likes |
Re: 800k A Month: Should I Travel To Canada? by bezimo(m): 5:56am On May 26, 2020 |
Scaredd: If you truly earn that..dont come to Canada it's not worth it.Stay in 9ja 2 Likes |
Re: 800k A Month: Should I Travel To Canada? by Ayomarcel(m): 6:48am On May 26, 2020 |
You are trying to travel to another man's country after the Pandemic where there will many jobless people especially the Citizens and a failed economy to go and hustle. How sure are you that you will a good job paying well? My advice is that you should stay in Nigeria and keep earning your 800k that might also increase to 1m someday. Before you know you will travel to Canada as big man for visitation and even with more respect. That's my advice for you. Don't lose this opportunity cos that salary in Nigeria will definitely increase. 3 Likes |
Re: 800k A Month: Should I Travel To Canada? by Ayomarcel(m): 6:59am On May 26, 2020 |
TrueNigerian300: Word of a wise man. 3 Likes |
Re: 800k A Month: Should I Travel To Canada? by Nobody: 7:06am On May 26, 2020 |
Ayomarcel: Truely, Covid has altered many plans and slowed things down a bit. The aftermath is what we're all looking up to. As for those saying my 800k is a lie, well I earned 1M up to February before business slowed down. And if I tell you that 800k is no big deal, you'll not agree except you earn up to that to realise that high inflation and increasing needs takes a huge part of it. I'm not even married, yet I know how much I spend monthly. So 800k/m is a very small money, you've to be very strict with spending to meet your expectations. 3 Likes |
Re: 800k A Month: Should I Travel To Canada? by Coolabbie: 7:12am On May 26, 2020 |
TrueNigerian300:Nothing but facts. 1 Like |
Re: 800k A Month: Should I Travel To Canada? by Coolabbie: 7:55am On May 26, 2020 |
TrueNigerian300:Oga you never finish this tory. How is your friend doing now? |
Re: 800k A Month: Should I Travel To Canada? by Ayomarcel(m): 7:59am On May 26, 2020 |
Scaredd: Exactly the more we earn the more our expenses is. This happens to everyone. Even though if you're in Canada. They will be a certain time the money you earn won't be enough to meet your expectations. S 1 Like |
Re: 800k A Month: Should I Travel To Canada? by megastu(m): 11:08am On May 26, 2020 |
I have a friend and colleague who earned N22million as at 2016. He moved to a Fintech company and earns N55m per annum excluding car and all. He gave birth to his 4 kids in Canada. Decide what you want for yourself. Either is okay, whether you move or stay. bezimo: 7 Likes |
Re: 800k A Month: Should I Travel To Canada? by Ayodeeji(m): 12:35pm On May 26, 2020 |
Dead friend, do you know Jesus and have a relationship with him.He is the person that have the best answer to your questions Matt7:7. No matter the advice anyone of us gives you. 1 Like |
Re: 800k A Month: Should I Travel To Canada? by lucasalves: 7:23pm On May 26, 2020 |
Mancala: You are certainly right about that but then again when you compare the living expenses in Nigeria to that of the U.S it's absolutely crazy to even consider traveling for work especially if as indicated the job he has here is a secure one... Also Check the homeless stat in the U.S and yes 60k a year in the U.S might as well be earning 1 million a year in Nigeria if you adjust for the cost of living. 2 Likes |
Re: 800k A Month: Should I Travel To Canada? by Mancala: 10:21pm On May 26, 2020 |
lucasalves: I am not advocating one way or the other for the OP to relocate. In a prior post, I mentioned that money is only a means to an end and until the OP articulates his objectives, he cannot make an honest determination of either option. Having said that, homeless stats are tangential to this. As far as I know, until before covid 19, there were homeless shelters/other options available for the homeless to go. Unemployment was at an all time low such that you could work 3 jobs if you wanted to. My point is that there are other issues going on with those you see out on the streets in the US, unlike Nigeria where those on the street/under the bridge truly have no options. One issue with comparing cost of living in the Americas with Nigeria is that its not an apples to apples comparison. When you earn a salary in the US, your taxes cover education, shared health insurance cost (with your employer), social security (retirement) etc. None of these are covered by your taxes in Nigeria in addition to having to provide your own security, electricity, water etc. I cannot tell if $60k per year for a single person in the US is equivalent to 12 million Naira per year on an equivalent basis. |
Re: 800k A Month: Should I Travel To Canada? by Halifaxguy: 3:29am On May 27, 2020 |
Scaredd:Bro, 800k per month is a good income in Nigeria, with this income you be saving more than someone who earns the same amount in Canada. But if you are into Tech you will be making more than that in Canada. But here we pay high income tax too. The truth is if your looking to make too much money Canada does not guarantee you that unless you be playing lotto max every week to try your luck. But if you are looking for a decent living then Canada guarantee you that (but you still need to put in the work, nothing is free here). Goodluck in your decision making. 1 Like |
Re: 800k A Month: Should I Travel To Canada? by Nobody: 5:38pm On May 27, 2020 |
megastu: What is the secret to earning more? I noticed you mentioned personality, what does it have to do with earning more? Also, i noticed money brings restlessness. How do you stay calm with more money? |
Re: 800k A Month: Should I Travel To Canada? by megastu(m): 10:43pm On May 28, 2020 |
Thanks. Personality would be the Aura around you, i really don't know how to explain it. Most CEOS of good companies in Nigeria earn between N150m- N400m per annum excluding bonuses. To rise to the level of a CEO requires much more than talent or experience. More money doesn't really have to bring restlessness. When i moved from earning less than 200k a month to around N600k a month I behaved like I was still earning 200k a month; I didn't move to a duplex or rented a house of N3m per annum, the bigger the house, the more the maintenance cost, domestic staff, etc. However, you start to feel the pressure when kids start coming and they need to attend good schools. Livelyguy: 4 Likes |
Re: 800k A Month: Should I Travel To Canada? by Guruindahouse(m): 12:02am On May 29, 2020 |
You are a true Nigerian indeed. Thank you on behalf of OP for spitting it out. OP, I take God beg you, since you said you are looking for money and there is a chance to even increase your income, just drop the idea of moving to Canada. Most people advising you to leave Nigeria for Canada because of standard of living are all right,but regarding money-making, believe me, you will regret it if you leave for Western world. My friend was fined 350 USD for overspeeding last year and he recieved another ticket for driving too slow at a cost of 155 USD. Dont even let me start talking about bills payment right now. Its hard to save 500 USD in a month overthere. Just stay put in Naija as you are one of the few fortunate Nigerians that are doing well for themselves. With money, you can raise your standard of living to any extent that you want and send your unborn kids to one of the best primary and secondary schools in Nigeria. TrueNigerian300: 1 Like |
Re: 800k A Month: Should I Travel To Canada? by TIJifeoluwani(m): 12:10am On May 29, 2020 |
The best I can give you is that, the devil you're familiar with is far better than the angel you don't know. The energy, time, stress and brain you would use to start all over again in Canada, why not devote that same input in your current business and see the magic of how your income and business grow. About your unborn kids, you could simply put madam in the family way and she go deliver for Canada or any country of your choice.. 2 Likes |
Re: 800k A Month: Should I Travel To Canada? by sharpman1(m): 5:01am On May 29, 2020 |
Scaredd: Do you already have an immigrant visa to Canada? If you don't, then you don't need any advice as you don't have the option yet. When you apply, go through the process, deemed qualified and given an immigrant visa then you can ask this question again. For now, you don't have the option of choosing between Nigeria and Canada........and you won't have the option until you go through the process and apply. |
Re: 800k A Month: Should I Travel To Canada? by Nobody: 5:05am On May 29, 2020 |
doctimi:This is the best and most sensible comment so far. This is how you know a sane and educated person, when they write. 2 Likes |
Re: 800k A Month: Should I Travel To Canada? by Passionate1(m): 8:28am On May 29, 2020 |
sharpman1:Correct response. .i no dey yarn too much, but I dey think too much. . |
Re: 800k A Month: Should I Travel To Canada? by Viking007(m): 8:53am On May 29, 2020 |
nhurhetee:Did he respond? Abeg tag me where if he did. |
Re: 800k A Month: Should I Travel To Canada? by dasanchez1(m): 9:01am On May 29, 2020 |
Viking007:Seconded. 2 Likes |
Re: 800k A Month: Should I Travel To Canada? by nhurhetee(m): 9:38am On May 29, 2020 |
Viking007:Been following since! The niqqa no gree talk am oo but i think he's a bet9ja agent/shop owner. |
Re: 800k A Month: Should I Travel To Canada? by Viking007(m): 9:47am On May 29, 2020 |
nhurhetee:Then he must be a "super" agent. Well, they actually make lots of money especially those located in populated areas. |
Re: 800k A Month: Should I Travel To Canada? by nhurhetee(m): 11:08am On May 29, 2020 |
Viking007:Yeah! Maybe. |
Re: 800k A Month: Should I Travel To Canada? by webmaster3: 1:09pm On May 29, 2020 |
If you are relocating to Canada as a permanent residence.. Then relocating to Canny is the best choice. There is nothing better than giving yourself an option in life, the option of being a dual citizen which is what you would achieve by relocating to Canada as PR cannot be overlooked by 800k salary for 9ja.my reason below If you are a skilled individual in a professional earning that in Nigeria then you can go to Canada and also excel over there and get employed, mind you your daily bills in Canada for the good life as well as tax would not give you an avenue to save as much as you are saving in 9ja when earning 800k. But it's just a journey of 3-4years Max and you become a Canadian citizen.. Then you can move back to your 9ja if you wish and hunt for jobs.. You just 32yrs old and time is to your advantage... I wouldnt trade being a dual citizen for anything. Think about your family in the future. If you love 9ja so much then relocate back after gaining Canadian citizenship. Then you can even get married and give birth in 9ja and they would all be Canadian citizens |
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