Would you remain in Nigeria if you can earn $5000 on a monthly basis? Answer yes or no with reason.

I'm earning $5000 in nigeria, and I'm thinking of relocating? Lol. It doesn't make sense.
What is the point of relocating when I'm earning more than most citizens abroad in my father's land?

I'm not earning upto that yet, but even with what I earn now, I don't feel the need to relocate

The only reason I would want to relocate outside Nigeria if I was earning $5000( not Naira equivalent) could be because of insecurity nothing else, I could get good health care here even if it’s expensive, with poor electricity supply I could get my inverters going, less tax, good climate, if we all are financially free, we would see more reasons to develop this country

I earn 3200 equivalent and I don't even have passport let alone thinking of relocating to another state or country.

Yes, but more of ''one leg in, one leg out''

Secure and solidify your earnings, to be location independent if possible. Then secure residency elsewhere, for immediate japa, just in case. Nigeria is sweet to live in when you know you can just book a flight and leave tomorrow if mosquitoes bite you.

So do not put all your eggs in one basket. Money is useless if it is not utilized to make your life better. So use your money to buy options, and maybe another passport. Before the war, Ukraine used to be a place where with 1500 USD, you can register a business there and receive a residence permit, and after five years, you can become Ukrainian, with a passport to travel all around the world visa-free.

There are other countries that still do that (e.g Panama, Serbia, Hungary), so explore these options. But don't abandon your work to slave abroad. Even in Scandinavian countries, most people earn around 3000 euros. With 5000 USD monthly, Nigeria can be heaven, but only if Nigeria is not your only option.

pansophist:
Yes, but more of ''one leg in, one leg out''

Secure and solidify your earnings, to be location independent if possible. Then secure residency elsewhere, for immediate japa, just in case. Nigeria is sweet to live in when you know you can just book a flight and leave tomorrow if mosquitoes bite you.

So do not put all your eggs in one basket. Money is useless if it is not utilized to make your life better. So use your money to buy options, and maybe another passport. Before the war, Ukraine used to be a place where with 1500 USD, you can register a business there and receive a residence permit, and after five years, you can become Ukrainian, with a passport to travel all around the world visa-free.

There are other countries that still do that (e.g Panama, Serbia, Hungary), so explore these options. But don't abandon your work to slave abroad. Even in Scandinavian countries, most people earn around 3000 euros. With 5000 USD monthly, Nigeria can be heaven, but only if Nigeria is not your only option.

Would you hesitate to stay in Nigeria if you had a job that paid like $10K a month?

SavageBoy:


Would you hesitate to stay in Nigeria if you had a job that paid like $10K a month?

Jesus man, what do you take me for? I can live really well in Nigeria for less than 20% ( equivalent of 1.7M naira) of that monthly. So with 10k, of course yes.

But even more brilliantly, I'll just live with my parents/sibling house and use probably 9k out of the 10k to invest in numerous entrepreneurial project I have in mind.

I'm fruggal by nature, and don't spend money on reckless things. So even 1k monthly is even enough for me. But just giving me 10k to ball monthly in naija, na overnight alpha male na

pansophist:


Jesus man, what do you take me for? I can live really well in Nigeria for less than 20% ( equivalent of 1.7M naira) of that monthly. So with 10k, of course yes.

But even more brilliantly, I'll just live with my parents/sibling house and use probably 9k out of the 10k to invest in numerous entrepreneurial project I have in mind.

I'm fruggal by nature, and don't spend money on reckless things. So even 1k monthly is even enough for me. But just giving me 10k to ball monthly in naija, na overnight alpha male na

This doesn't sound like the pansophist that has been encouraging us to japa

Relocate to go and do what now,me that i look forward to expanding more on my business ,fund is just my constraint.

SavageBoy:


This doesn't sound like the pansophist that has been encouraging us to japa

The scope of this question is different, so I answered accordingly. Different strokes for different folks.

If you're broke scatter, with nothing going for you in naija, then my dear comrade, japa when the opportunity arises. But if you're making 5k usd a month, you'll be an idiot to kill that source of income and leave.

Hence I hinted that he should try to be location independent and have options. I mean, of what use is your money if it doesn't directly benefit your life? Money is not the end result, money is just a tool to the end.

So if a person is sick and wealthy, and refuses to spend his money on his health, the person is stupid. With the way naija is going, anyone on that earning bracket should secure options outside Nigeria.

Learn from your politicians, celebrities, and pastors. They have houses abroad, their kids studies abroad and have reserve cash to leave naija the next six hours by booking emergency flight. Some sickness can't be cured in Nigeria if naija is your cash cow, so you must have plans to leave immediately.

pansophist:


The scope of this question is different, so I answered accordingly. Different strokes for different folks.

If you're broke scatter, with nothing going for you in naija, then my dear comrade, japa when the opportunity arises. But if you're making 5k a month, you'll be an idiot to kill that source of income and leave.

Hence I hinted that he should try to be location independent and have options. I mean, of what use is your money if it doesn't directly benefit your life? Money is not the end result, money is just a tool to the end.

So if a person is sick and wealthy, and refuses to spend his money on his health, the person is stupid. With the way naija is going, anyone on that earning bracket should secure options outside Nigeria.

Learn from your politicians, celebrities, and pastors. Their have houses abroad, their kids studies abroad and have reserve cash to leave naija the next six hours by booking emergency flight. Some sickness can't be cured in Nigeria if naija is your cash cow, so you must have plans to leave immediately.

I get your point chief.

Is it possible to earn such amount of money here Nigeria?

pansophist:
Yes, but more of ''one leg in, one leg out''

Secure and solidify your earnings, to be location independent if possible. Then secure residency elsewhere, for immediate japa, just in case. Nigeria is sweet to live in when you know you can just book a flight and leave tomorrow if mosquitoes bite you.

So do not put all your eggs in one basket. Money is useless if it is not utilized to make your life better. So use your money to buy options, and maybe another passport. Before the war, Ukraine used to be a place where with 1500 USD, you can register a business there and receive a residence permit, and after five years, you can become Ukrainian, with a passport to travel all around the world visa-free.

There are other countries that still do that (e.g Panama, Serbia, Hungary), so explore these options. But don't abandon your work to slave abroad. Even in Scandinavian countries, most people earn around 3000 euros. With 5000 USD monthly, Nigeria can be heaven, but only if Nigeria is not your only option.

Your head too correct. I like people wey dey reason intelligently.

I would send my wife n kids abroad so they could have a better life..
And thats if they ok with me visiting once in about 4 months

Pod443300:
Would you remain in Nigeria if you can earn $5000 on a monthly basis? Answer yes or no with reason.

which is invaluable, your life or $5k?

Limassol:
which is invaluable, your life or $5k?

My life