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Nairaland Forum / Nairaland / General / Travel / Should I Build A House Or Relocate With 7m Naira? (43080 Views)
Best Country To Relocate With My Family Apart From Canada / 15 Million Naira Cash Or Relocate To Canada, Which Will You Choose? / What Good Country Can I Relocate With One Million Naira (2) (3) (4)
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Re: Should I Build A House Or Relocate With 7m Naira? by Rubyjade: 10:15am On Mar 23, 2022 |
GOB25:Labor is cheap there na |
Re: Should I Build A House Or Relocate With 7m Naira? by Coolcube: 10:16am On Mar 23, 2022 |
condralbedez: Abegi no mind them. My roomie in uni left Naija in 2014. I continued in acada line, suffered a few months of unemployment, status changed to underemployment (40K with a Masters) and later gainfully employed and doing well in the corporate world. My roomie who japa then now has 4 kids (citizens), doing well financially, took his parents on countless trips abroad, has BUILT houses and has a fine career after going through the pains of studying a good course overseas. Me: doing well too by the grace of God. But the difference is still clear like 7up. Inflation and rising cost of things no gree me tangible savings, even with an averagely good salary . I cannot afford to give 1million naira gift now or buy my parents a car. Even to buy a car for myself na to save up more than a year or loan, building one bungalow with serious calculation ... the reality of many working class Nigerians who cannot steal or does not have access to stealing from the national pot. Is there suffering abroad....? sure! But after suffering and taking the pains to advance yourself educationally, one will definitely be better off. Education can be scam here, but out there in Europe and North America, once you can get educated and keep pushing, things will be better off. Some PhDs here in Nigeria teach JAMB students while others are grossly underpaid in private unis.... OP, travel, but have a plan and target. If I ever travel in this my mid life, it is either to lecture (education - do a PhD), re-skill into tech (education) or get my wife re-skilled into health care (education). It is all EDUCATION FIRST, jollification later. Even the three steps can be followed through. 13 Likes 4 Shares |
Re: Should I Build A House Or Relocate With 7m Naira? by gforce5: 10:19am On Mar 23, 2022 |
OP, as an immigration lawyer, I will give you free advice that I otherwise would have charged as consultation fees. That N7million is not as big as you think it is. If you decide to migrate to the English speaking common law countries (U.S., UK, Canada, Australia and Ireland), just know that money will finish between 6 months to a year. If you must japa, migrate to countries where citizenship is guaranteed within a space of 5 years. With a second passport, you can move back to Nigeria anytime you want. Your descendants will forever be grateful for what you have done. The only European countries worth looking with your budget are France and Finland. Education in those countries are relatively cheap compared to most western countries and you can naturalize within a space of 5-6 years (look at their nationality laws online). Don't bother with Germany as they don't accept dual nationality and you must have a fixed amount $8,000 before you can pursue your education there. You can think outside the box and look at Latin American countries. Brazil is an ideal destination. The cost of living in that country is low compared to the West. Their nationality laws are straightforward and Brazilian passport grants you visa-free access to most western countries. You can kill two birds with one stone and set up a business in Brazil with your remaining balance. Mexico is another option. Cost of living there is cheap and it is next door to the States. You can get married to a native there and obtain your citizenship within a short period. Overall OP, think carefully about what you plan to do. Do your research. Don't rush to do anything rash. Ignore most of the posters here telling you to make multiple "investments" in Nigeria. They don't know anything hence why they keep voting for mediocres. The country is not getting better. Nigeria has been in decline in the past 40 years. Our problems didn't start in 1999. J[b]ust think about it, N1 in 1981 was $0.750. $1 in 2001 was N90 and $1 in 2021 was N450. You don't have to be a soothsayer to know what will happen in the next 20 years.[/b] 14 Likes 3 Shares |
Re: Should I Build A House Or Relocate With 7m Naira? by condralbedez: 10:40am On Mar 23, 2022 |
Coolcube:Oil dey your head,I wish he could read this,I knw number of persons(My friends) that have moved to Finland,Canada,and other European countries that are doing excessively well..Naija nobi am abeg. |
Re: Should I Build A House Or Relocate With 7m Naira? by Nobody: 11:01am On Mar 23, 2022 |
VanuatuWycombe: U DON'T MEAN IT BRO, IS HE SCHOOLING THERE ? |
Re: Should I Build A House Or Relocate With 7m Naira? by shogsman(m): 11:11am On Mar 23, 2022 |
Originalsly:. officially you can't, but those shops love cheap labor and I know a lot of undocumented Mexicans and Africans working there, even Ikea sef |
Re: Should I Build A House Or Relocate With 7m Naira? by Rubyjade: 11:17am On Mar 23, 2022 |
Nogymmarts:Don't believe everything you read online 4 Likes |
Re: Should I Build A House Or Relocate With 7m Naira? by Richvibes1997: 11:37am On Mar 23, 2022 |
Rubyjade:I don't use telegram |
Re: Should I Build A House Or Relocate With 7m Naira? by Rubyjade: 11:40am On Mar 23, 2022 |
Richvibes1997:Then there is nothing I can do |
Re: Should I Build A House Or Relocate With 7m Naira? by MrJames007: 12:18pm On Mar 23, 2022 |
shegun4sur:Whatever your decision is, good luck, man. |
Re: Should I Build A House Or Relocate With 7m Naira? by Misterone: 12:20pm On Mar 23, 2022 |
Yureyes:we all know it is his decision to make and we can only advise. so, I am giving you this advise too. a man that has 7m plus two plots of land in Lagos, that sells it and use the proceed to go to another country to wash dishes and do labourer work will never make it. village people dey do that person. go to Onitsha to see illiterates in one small shop owning 4 deckings. people that did apprenticeship and we're settled less than 200k. someone has 7m and your advise to him is to travel abroad with it! to do what precisely? mark you, he is not going there to further his education. if you cannot multiply 7m in your father's country, where you can even do one or two illegal things and go free then you can never make it anywhere. take that to the bank. 6 Likes 1 Share |
Re: Should I Build A House Or Relocate With 7m Naira? by Richvibes1997: 12:23pm On Mar 23, 2022 |
Rubyjade: |
Re: Should I Build A House Or Relocate With 7m Naira? by Kennyg290: 12:59pm On Mar 23, 2022 |
I saw this post and decided to ask a sister who has been in US 4 like 5yrs now and a brother too. The sister said, pls build a small � for your fmly and use d bal to survive in Nigeria because it has not bn easy for her in US due to document. The brother said if you cant travel base on education, Abeg stay NIG and do business because documents is the difficult aspect of traveling. Since you don't want to school Pls stay home but if ur 7M can secure work permit and leave to remain Abeg JAPA. If I have such amount now, na to JAPA ooo because I will go with student visa. All the best 2 Likes |
Re: Should I Build A House Or Relocate With 7m Naira? by DeHorus: 1:17pm On Mar 23, 2022 |
Rubyjade:Hello, goodafternoon,,,I have binance account and it's verified 1 Like |
Re: Should I Build A House Or Relocate With 7m Naira? by Rubyjade: 1:19pm On Mar 23, 2022 |
DeHorus:Good , are you in telegram join m y c r y p t o n g NOW |
Re: Should I Build A House Or Relocate With 7m Naira? by DeHorus: 1:51pm On Mar 23, 2022 |
Rubyjade:done 1 Like |
Re: Should I Build A House Or Relocate With 7m Naira? by Rubyjade: 2:08pm On Mar 23, 2022 |
DeHorus:Good |
Re: Should I Build A House Or Relocate With 7m Naira? by Richvibes1997: 2:28pm On Mar 23, 2022 |
Westernequinox:I sent you an email |
Re: Should I Build A House Or Relocate With 7m Naira? by DeHorus: 2:30pm On Mar 23, 2022 |
Rubyjade:I still don't get how to go about the lending 1 Like |
Re: Should I Build A House Or Relocate With 7m Naira? by Rubyjade: 2:49pm On Mar 23, 2022 |
DeHorus:You want to lend crypto |
Re: Should I Build A House Or Relocate With 7m Naira? by leofab(f): 3:51pm On Mar 23, 2022 |
Westernequinox:there is no USDT lending scheme that can pay out more than 4% per annual… don’t push him like I said.. investing his 7M can’t give him more than 600naira daily at most… 2 Likes 1 Share |
Re: Should I Build A House Or Relocate With 7m Naira? by Westernequinox: 3:52pm On Mar 23, 2022 |
Check out pionex mam leofab: |
Re: Should I Build A House Or Relocate With 7m Naira? by DeHorus: 4:32pm On Mar 23, 2022 |
Rubyjade:Yes |
Re: Should I Build A House Or Relocate With 7m Naira? by MrBlock: 4:54pm On Mar 23, 2022 |
IamDavid: Exactly. Many tricycle riders and danfo drivers live in their own houses even though it's in the outskirts like Sango Otta or More Ibafo. Taste is relative but building a livable and decent 3bedroom with 7m is doable. 4 Likes |
Re: Should I Build A House Or Relocate With 7m Naira? by Rubyjade: 5:10pm On Mar 23, 2022 |
MrBlock:I agree with you hemce the reason I went into transportation business |
Re: Should I Build A House Or Relocate With 7m Naira? by Exceed15: 5:42pm On Mar 23, 2022 |
Rubyjade: You lack how to comprehend. Where did I claim living abroad? I only offered my advice based on worsening situation of the country. Infact have never left the shores of naija before but I know God go do am soon. 2 Likes |
Re: Should I Build A House Or Relocate With 7m Naira? by Exceed15: 11:11pm On Mar 23, 2022 |
Rubyjade: Point out my error |
Re: Should I Build A House Or Relocate With 7m Naira? by damzy88: 2:37am On Mar 24, 2022 |
Gwan2: |
Re: Should I Build A House Or Relocate With 7m Naira? by chika0072(m): 9:00am On Mar 24, 2022 |
ihatebuhari:What of issues like proof of funds, sponsor? Because am interested. |
Re: Should I Build A House Or Relocate With 7m Naira? by Passionate1(m): 9:16am On Mar 24, 2022 |
gforce5: Immigration lawyer indeed! Who says Germany no dey accept dual Nationality.. Unbelievable! Unglaublich! It's very important to get Ur facts correct. . . People weh get German dual Nationality full here. . 1 Like |
Re: Should I Build A House Or Relocate With 7m Naira? by gforce5: 10:55am On Mar 24, 2022 |
Under German Nationality Law, citizenship is granted under the principles of jus sanguinis and jus soli. Citizenship is granted under the Jus Sanguinis principle if at at least one of the parents is a German citizen, or under the Jus Soli principle if born in Germany to foreign nationals residing in Germany with an unlimited permission to stay and a regular stay for at least 8 years. German citizenship can also be granted through naturalization as a rule following 8 years of residency in Germany, BUT NON-EU AND NON-SWISS CITIZENS MUST USUALLY RENOUNCE THEIR PREVIOUS CITIZENSHIP BEFORE BEING NATURALIZED IN GERMANY. This is according to German Nationality Law and Dual Citizenship Report. I have nothing else to say. Passionate1: 2 Likes |
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