₦airaland Forum

Bourne007:
New NI isn't possible. A breach of visa rules is a 12-month ban, has to leave the country and apply after the ban

hustla:
So the person can't even come as a dependent?

Iruosonobrugwhe:
Dear Aunty Ticha the teacher, how do you like your massa, balangu and kunu?

Please organise zoom session.....we the masses are begging. Even for a fee, use the proceeds and buy off nairaland

Viruses:
Yes
Yet she's working and having the salary paid to someone else's account and does not have payslips. Why?

Truth is she'll only open up and say what she wants people to hear instead of the truth.

hearkenwunmi:
Good evening, I will like to ask if someone travels a month before course start date, can he work full time before school resumes?

Lexusgs430:
That's the only means that would guarantee you, the quickest delivery.......... You pay to play..........

If you don't mind a delivery period between 12/14 days or even 21 days......... Plenty options available....

DAramis:
Boss, drop the name of the various options. Hope they ship foodstuffs to other locations aside UK?

Ticha:
Na only massa and kilishi I want! I will strongly consider it.

Ibk2020:
Pls can anyone recommend how best to get airport pickup for a family of 3, coming through Newcastle airport. We have about 7 luggage.
Pls don't skip

hustla:
LexusGX I brought someone your way o

Your hand was seen in my Monzo account

Do giveaway

teeebest:
Elders, please recommend a cream for us. We be Jjc here. Our skins gets itchy and we do get black/dry patches atimes.

Lexusgs430:
For us that reside in SE London (Kent axis), I dropped my own courier provider, some few pages back ...........

Ticha:
Pension and wealth planning for the future - very long read.

To access full pensions, we have to pay 35 years of national insurance to access the full state pension in the UK and in New Zealand, a naturalised Kiwi aka us has to pay at least 10 years of income tax. It means we can't access the full state pension in both countries.
In both places, I doubt if we could live on the pension anyway even if we qualified for it. The full UK pension is about £7k a year so £14k for both of us. Yes, you could potentially access other benefits, but it means from age 65 for women and 67 for men, you’ll be living on approx. £1k a month unless you have savings to draw on. If you have savings of more than £16k, you also can’t access any state benefits either. So we have been planning for retirement.

We have a Global Vanguard All Shares account (the name has changed over the years) - managed by Henderson Securities. We've had it jointly for more than 12 years (husbot for much longer) and have dipped into it sometimes (mainly to pay for IVF). We haven't touched it for years now and the funds have grown exponentially. If we continue paying into it consistently, we should have about £600k worth of shares (yay compound interest) by the time I'm 55 and husbot is 52. To give an idea, we've always paid a minimum of £150 each monthly into it since 2010. Henderson does the investing and taxes on our behalf. We haven't bothered to check what they invest it in, but we picked an aggressive growth fund for a long time and that really paid off (hence using the profits for IVF). Now it's in a mid-range growth fund and will remain there. We have upped our monthly minimum payments to £250 each a month now because we can afford to do so. The SOA comes every March, but we don’t check it or even look at it beyond seeing how much is there when the SOA comes.

In New Zealand - we pay into the government Kiwisaver scheme (pension scheme). I contribute 3% of my earnings and husbot contributes 5% of his earnings, the government contributes $521 every year. We can withdraw our Kiwisaver once we've been out of NZ for 12 months (6 years of payments), so we plan to withdraw it and dump it into Henderson when we leave.
Onto tangible assets – We have property in both countries. I sold my house in 9ja once I realised it was an albatross and put all the funds into a UK purchase. Our UK family home although rented out is on a full repayment mortgage. Thanks to the current property boom (which can also go bust!) we have some substantial equity in it. We also have other BTLs on interest only mortgages. We can always sell one to clear off the mortgage on the family home if needed.

The move to New Zealand has been the best thing for us financially. I have no employer loyalty. No one goes into education to make money as the pay is poor compared to the level of work and qualifications involved. I often jump ship every 2 years because that's the only way I can increase my wages. Wages in education are much higher in NZ than in the UK which is weird (5m v 67m) but good for me!
Anyhow, when we moved to NZ, we took opportunity of the higher wages and saved and saved and saved but buying a house seemed out of our reach. Then we met another couple who seemed to have the same values as us (family, financial, moral you name it). We pooled our resources and we bought a house in our name (we bought first because we had higher incomes and better credit). With property values going crazy, we within 6 months refinanced that property and gifted the cash to this family (basically paid them back their initial contribution and extra) so they bought one too in their name. They then refinanced and gifted us the cash and we bought another in our names.
Because we want to exponentially grow the money, we are demolishing the first house to build 5 new ones and then leverage that to give them enough to buy a 2nd property for themselves. They can choose to develop or hold or sell but we will have both walked away with 2 initial properties each.

It does mean we're financially tight until we finish the build March/ April 2023 (build starts in Oct 2022) but it's for our future financial security so we're totally happy to have a few tight years. It also means I can't help my extended family as much as I used to and boy! am I hearing about it! I've thoroughly enjoyed the consent and planning process for the development. We now have land use consent ad have just applied for building consent. It has been stressful and a huge expenditure but also a big learning curve. I almost decided to retrain as surveyor last year when we got the engineering bill ��. When the houses are completed, it'll be leased to Housing New Zealand on a 5 year repairing lease. The income from the 5 after tax is about the same as my before tax income (imagine fa) so we know we can comfortably live on that should shit hit the fan workwise.

Our current NZ home was bought with retirement in mind. We went for the biggest house on a large land. We also deliberately bought in a medium density zone. Basically, we can build up to 6 four bedroom houses on the land if we demolish the existing house. If we decide not to retire in New Zealand, then that is what we would do in about 7 years’ time. If we choose to retire in NZ (I seriously doubt it) then we'll sell the UK family home and pay off the mortgage on the NZ one. It has bedrooms and a full bathroom downstairs and is disabled friendly – no stairs to access the whole of the ground floor. I have no intention of going into a nursing or care home.

Shareswise - we've now opened targeted growth fund accounts for the children with Lansdown Hargreaves. We pay £100 a month into each child's account. They will get full access at 18. Hopefully, they can use that to pay uni fees, supplement apprenticeship wages, down payment on a house or even go traveling before uni/ work starts.

We have also created a family trust. I look at the truly wealthy and what they have for going for them is generational wealth and good financial planning. In my family, I'm the first to be in a position to actually start building generational wealth. The trust will hopefully go on forever as it's for the direct progeny of my husbot and his siblings (both his siblings have no children and want none) and me and my siblings so it means my nephews and nieces will get payments annually out of it once they hit 21 but their parents can’t access any of the funds. We've currently set it so it can only be dissolved by a court and no beneficiaries can sell assets out of it including us once the asset has been placed in it.

2 reasons we have done this – divorce/ separation for us or our children. Even though we all hope to remain married till death, the truth is that divorce and remarriage happens. The trust is set up to protect the financial interests of all beneficiaries. If either of us divorces, we will continue to be paid out of it. Should any of us re-marry, the spouse will not be able to access any funds from the trust. Same with the children. Stats also show that first generation immigrants usually create the biggest wealth and subsequent generations waste the accumulated wealth. It is very likely that our children will not have the kind of drive we have because they have been born into or have lived in plenty enough to be happy with state handouts in the future. Therefore, they might actually see us as a burden as we grow older and infirm.

So hopefully at retirement, the trust can top up our pension but also ensure we remain at home till end of life and not be a burden on the children.

This is not financial advice. Just sharing what we have done.

mamatwiny:
Wow. What do you lecture? Accounting?

Whitegeh:
I tot since your there already, Shou be easier na.

akaprince:
Hello Seniors.

Please, can one apply for skilled worker visa using ielts result, PCC and IOM medical certificate carrying the old passport details? Just renewed passport last month after delays in getting sponsorship. Is it okay to apply without updating the three documents with the new passport details? The old passport number is on the new one. Need guidance from those who have experienced same please. Please, please kindly respond. Don't skip. Thanks

Lexusgs430:
Open your mouth........... Now, swallow.........

akaprince:
Hello Seniors.

Please, can one apply for skilled worker visa using ielts result, PCC and IOM medical certificate carrying the old passport details? Just renewed passport last month after delays in getting sponsorship. Is it okay to apply without updating the three documents with the new passport details? The old passport number is on the new one. Need guidance from those who have experienced same please. Please, please kindly respond. Don't skip. Thanks

Lexusgs430:
Open your mouth........... Now, swallow.........

Viruses:
I'm sure a lot of people have seen this post as well as the previous ones. But as replies are not forth coming, it is safe to assume no one has response to your query. It is safer to write new IELTS and take new IOM medical since you are in doubt already.

IjJudy:
Please any idea how long the processing takes
@justwise please you mentioned travelling back with an almost expired passport, mine expires on ist of june, can I travel to Naija with and return before that ist without issues at the airport

aragbaboy:
It is not as easy as one thinks. Most of the care homes I have applied to are not sponsoring carers. The few that are sponsoring are interested in only female carers.

mamatwiny:
Wow. What do you lecture? Accounting?

MichaelUde:
Hian.
This diet no go make you lean o, rather the opposite.

Goke7:
Wales is an hidden treasure. It's amazing folks aren't exploring it enough. Na London people dey die put

IjJudy:
Please any idea how long the processing takes

@justwise please you mentioned travelling back with an almost expired passport, mine expires on ist of june, can I travel to Naija with and return before that ist without issues at the airport?

Also someone said my husband can't brinh my kids in since I am the main applicant , we came in together and he has gotten his brp but travelled back to bring the kids.

Elders biko make una help my ministry, anyone that has any input about my plenty listed wahalas above should kindly help. Thanks

IamE:
Keep a copy of the data page of the previous passport just incase.
The new one will have the number of the old one
So I think you are good to go.