₦airaland Forum

Please I'm new to this thread and I'm looking for the best way to invest around 5m. I'm open to stocks or any good alternative. Any advise will be much appreciated. Thanks in advance.

chidike:
Hello all, its been a while since I came here, congrats to everyone who have been successful, and to those yet to succeed, dont stop oh.

Just to update you guys on my situation, which I must say is a bit unique. Though I have Australian PR now, I am currently living and working in New Zealand. I left Naija last week, on the 11th, but about 2 months before leaving I started applying for jobs,I received lots of regret mails, but in the midst of those I got interviewed as well bybsome other firms and had video interviews with 3 accounting firms (I work as an auditor) and these interviews I believe would have landed me an offer if not that I got another offer and emailed the firms about my decision not to continue.

Like I once mentioned on this thread, your Australian PR gives you the right to work and live in both Australia and New Zealand. I was able to leverage on the resources within my firm to secure a job with the same accounting firm in New Zealand, I received my offer before resigning, na God do am. My flight was via Dubai, I spent about 24 hours there and emirates lodged me in a hotel and this gave me the opportunity to go see the city, it was great experience. I also had to do a stopover in Australia to activate my PR, I arrived Australia on the 13th, the jet lag was not too bad for me sha. On the 14th I went to register for Medicare, open a bank account and also got a tax number, I received a temporary medicare printout while I was told the main one would be sent in two weeks. With that done, I chilled in Oz for a day and early on the 16th I flew to Melbourne from there to New Zealand.

My job is in the capital, Wellington, though it isnt the biggest city, Auckland is the commercial capital of the country. Upon arrival in New Zealand, I had no issues with immigration, my passport was stamped and I proceeded to my accomodation. Between the 18th and today, I have gone to open a bank account and apply for my tax number. They dont have medicare like OZ although the government subsidises costs for you. So far things have been okay, not many Africans in the city , I see one or two everyday though. Wellington is a nice small city, weather is about the same as Australia which was cold for me by the way, the temprature is about 9-11 degrees and winter is already over oh but its still cold. If I had know I would have brought more clothes to protect from the cold, mufflers included.

Based on my time in both countries I think Wellington is a bit more expensive in terms of a decent accomodation than Australia and as you know rent is the biggest cost to be incurred.

I'll end this long post by advising accountants, start looking for jobs a month before you leave, its accounting, IFRS is the same everywhere, if you have ACCA, you can easily convert in both countries. One thing I did while Looking for a job was to include my visa status in my CV, so under the heading I had this "Visa Status- Australian Permanent Resident" that way they know thay you have work rights. Although one recruiter called me and asked me when I would be in Australia and I told him I had a job in Naija and was hoping to get an offer before moving, he said I may not get but to call him when I arrive. So you might be lucky and an offer will come while you're still in Naija and it will just make things easier.

But all I'm saying is, dont limit yourself to Australia alone, Goodluck! Please pardon my typos and grammar its 11:43pm.

Awesome! Congrats bro

Gurus in the house, i hail. Thanks for all ur invaluable advise.

Please am in a serious fix rigth now. Am nominating electrical engineering through EA. I was told i have to provide a tax statement. Unfortunately, my former company did not deduct tax frm my salary so i cant do PAYE (pay as you earn) and now i have to do personal income tax (PIT) on my own.
My pay per annum is N1.5mil but my fear is dat based on EA standard, isn't dat amount too small for an engineer?
What is a reasonable income fr an engineer?
Thanks.

Please any response wil be very much appreciated. Thank you

kamotisha:
Reference letter from your company or all companies you have worked, pay slips, tax ID and slips, statement of account showing salary credits and of course your career episodes and CDR...all I can remember

Thanks

nosula:
Hi Guys,

Received the Grant today. Timeline is mentioned below.

I have been a silent member of this forum. Believing in all the pointers given by experts here I proceeded in my application. Folks who are waiting for grant , Just hold the ground for a while. You will be granted , just matter of time.

I wish you all the best and thanks for all the support I got.

Timeline:

Feb 17, 2017: TOEFL (Competent Level)
Mar 25, 2017: EA Assessment submitted for CHEMICAL ENGINEERING with 7 years of experience
May 2, 2017: EA positive outcome
May 17, 2017: PTE (10 Points)
May 30 2017: EOI submitted with 65 points
June 07 2017: ITA received
June 21 2017: Visa lodged with 65 points
July 08 2017: Added Spouse
Aug 10 2017: Acknowledgement of Added Applicant
Sept 13, 2017: Direct Grant

Regards.

Wow. Many congrats
Please i want to ask. For the experiences you claimed which documents did you present to backup your claim? Also what salary range did you put forword as an engineer?
Thanks

I salute the gurus in the house.
Pls am nominating Electrical engineering and trying to claim points through 3yrs of work experience. But my fear is that my salary [200k naira monthly] may appear too small for standard electrical engineers. Please does anyone knows wat the standard or minimum reasonable rate should be.
Thanks

jamson:
Whichever you lay your hands on is fine. Even better if you have a tax document (any kind) plus a pension fund statement. They are independent documents that verify your income from the company you work for. EA asks for any of the two. A bank statement showing salary inflow will suffice too. If your assessor needs more, he/she will ask. EA no too get wahala jare. No reason to fear.

You should take extra care to work on your:

1. Reference letter (clearly showing important details as outlined in EA's MSA doc). Your job duties should reflect at least 80% of the duties of the profession you are nominating as listed in the ANZSCO doc
2. CDR
3. Transcript + certificate
4. Etc

When you say tax document (any kind) above, i know there is PIT (personal income tax) and PAYE (Pay as you earn), in my case my employer has not been deducting tax from salary so i cant get PAYE but I can file for PIT however, this won't reflect my employer.

Do u think PIT can be accepted by EA?
Thanks in advance

Hello, please i really need some advice on EA skilled employment documents requirement. i have gathered my documents such as employment letters and pay slip but am told i have to include an income tax report but my employer doesn't have that available. Can i just do a personal income tax [PIT] instead of PAYE [through employer] ?

Thanks in advance.