₦airaland Forum

CoronaVirusPro:
That is the point. They are planning to return. That’s how relocation starts. Get something running before you finally move.

Ask same people how many properties they OUTRIGHTLY own abroad and see if you will find 1 in 20.

When you find classes of Nigerians who have started investing back home, the reality already hitting them. They only planning for now.

CoronaVirusPro:
That is the point. They are planning to return. That’s how relocation starts. Get something running before you finally move.

Ask same people how many properties they OUTRIGHTLY own abroad and see if you will find 1 in 20.

When you find classes of Nigerians who have started investing back home, the reality already hitting them. They only planning for now.

lagonovo:
Maybe it's passive income in an environment that they understand. My uncle owns one of the properties with three units, and they are all for short rentals. He rents one for himself each time he comes home. He said he got the land with a clear plan to use it for that purpose so any expense in Nigeria is generated inside Nigeria. He is not interested in relocating, at least not yet, he's a seasoned engineer in the USA and been there for 15+ years.

CoronaVirusPro:
Your uncle will definitely be in the few exceptional cases. It does not apply to majority. I am an Engineer too and worked multinationals in 3 in different continents. I know the real life.

Forget those lies they tell people in Nigeria or the social media pictures you see.

It’s a harsh reality. They be running like a clock.

SoftSport:
He's very correct. With tough conditions overseas and bold reforms under Tinubu sparking hope and opportunity back home, many will definitely return back before 2031

CoronaVirusPro:
That is the point. They are planning to return. That’s how relocation starts. Get something running before you finally move.

Ask same people how many properties they OUTRIGHTLY own abroad and see if you will find 1 in 20.

When you find classes of Nigerians who have started investing back home, the reality already hitting them. They only planning for now.

Shikena:
Not necessarily. Lots of them leverage such investment for income to support the numerous needy ones around them in Nigeria. Diasporans hardly forget home even when they are super comfortable abroad. When the property starts getting old, they sell and acquire new ones at better locations.

I heard of a group with Nigerians in USA and Canada and many of them are even fed up with their properties in Nigeria and are heavily into rental properties in the Caribbeans & Central America like Dominican Republic, Panama, Costa Rica, Aruba, Belize etc and even in some cool parts of Mexico like Merida and Cozumel.

justwise:
Nobody with basic financial education will pay outrightly for a house abroad, it makes no financial sense and building a house in Nigeria is a waste of resources unless you are going to make at least 50% use of that house or you are building it for your parents.

lagonovo:
It is practical reality, you know people are different so you might have made your own mistakes that led to failure and some frustration but don't assume that's the case with everyone. Not just my uncle, I roll with these guys and I know their immediate families in Nigeria and abroad. They have nothing to hide

CoronaVirusPro:
You very right. Those countries you listed I believe I friendly investment destination. UK, Canada and US will ruin you with property taxes, and it’s very expensive. Buy cardboard houses for 100’s. I know UK uses bricks and some part of the IS use bricks for exterior but it’s still damn expensive with heavy property taxes.

My point is about what majority experience. Not about the few that were lucky to beat the system.

In Nigeria, if you own a house and a thriving business, half your problem is solved. Nigeria is a cash economy so majority build, and that security. Over there, those things come with credit and will keep you on your toes till you pay off. No excuses.

It’s easier to accomplish peace of mind in Nigeria than abroad. You know what I mean, as him sleep well, vacation for 3 months, and be rest assured that your kids can pilot your assets after death without issues. Most Nigerians abroad don’t have peace, forget social media pictures.

Daily routine is Work-Grocery shopping- bed. One in a blue moon you find them jiving. Do they even have time for you. It’s like everyone is running.

ednut1:
In the video he admitted to being a British citizen and that all his children are abroad. He is being disingenuous hahahah

Mindlog:
Running to what?😂😂😂

Certainly not me, comfortable with my dream job and the quality of life, where I am.😎

justwise:
So in a country where i have to provide my own water, electricity and security is better than a country where those amenities readily available?

Amalekki:
That's a little bit of facts laced with lots of misconception and assumptions in a single post though.

Building a house in Nigeria is not as difficult for diasporans as you think. I recall a conversation with friends and we realized that those on menial jobs/hustles even tend to build house in Nigeria way faster than high earning professionals who tend to put their money in 401k and IRAs. The pros are more relaxed as those with good financial literacy are able to leverage loans against their own mortgage or 401k (at a cost) to build investment properties in Nigeria at their convenience. The hustlers tend not to see great future abroad so they hustle and most of them avoid the tax system with under the table payments.

It is not as hard for diasporans as you think. Maybe the limitations of the confines of those multinationals that you worked with gave you a skewed view of how things really work. It's not that difficult for an average diasporan

Klington:
I know uncle Jimi better than this. It's all APC twisting propaganda.

Pascal9:
do you pay tax for those amenities, you provide for yourself without tax, or government provide for you and tax you to the bone. Guy it's still the same system.

PlasmaTV:
Lol
What sort of delusion is this, please?

Xxxxxxx

nlparrot:

https://www.youtube.com/watch?v=Cw-wCGGo-zo?si=tV9R_8kbKl1Tv25B

Nigerians abroad will soon start running home…

That’s the bold statement from veteran journalist Jimi Disu — and it’s turning heads.

According to him, the high cost of living, emotional stress, and tough working conditions overseas are making many Nigerians rethink their choices.

Having elders who lie in unwavering terms, is part of the reason we have a younger generation that takes delight in scamming other people or even doing rituals. No one to look up to, just older people lying everyday for a living

Disu believes that with rising opportunities and innovation back home, many will return — not out of failure, but out of realization.

His words? “It’s not all rosy abroad.”

Do you agree? Is home truly calling?

Let us know in the comments.

Source: Instablog9ja @IG

Helinuss:
Why are u bothered about nigerians in diaspora? Fix nigeria for nigerians at home

SoftSport:
He's very correct. With tough conditions overseas and bold reforms under Tinubu sparking hope and opportunity back home, many will definitely return back before 2031

CoronaVirusPro:
I was only implying that you are more at peace having a house of your own in Nigeria than someone on a 15-40 year mortgage rat race.

SoftSport:
He's very correct. With tough conditions overseas and bold reforms under Tinubu sparking hope and opportunity back home, many will definitely return back before 2031

Tareq1105:
The insecurity we see in Nigeria today are mostly "family kidnapping" meaning brothers arranging for brothers and family kidnapping.

Recently in Benue state I heard about a man who just got his pension from federal government.

He shared the good news with his 2 wives who in turn shared it with the children.

One of the children of the 2nd wife arranged his friends to kidnap the man and they requested for exact amount the man was paid.

They were caught at the point of delivering the ransom.

Recall we saw on social media recently how 2 uniform sisters arranged to kidnap their own brother.

So, na person wey know person dey do am.

CoronaVirusPro:
I was only implying that you are more at peace having a house of your own in Nigeria than someone on a 15-40 year mortgage rat race.

People have outright peace of mind in Nigeria. It’s easily attainable in Nigeria unlike abroad. You get so soaked in debt that you can’t even break of.

I know that system to well. I saw it, not hearsay.

People staying in places I cannot even stay in Nigeria. Doing works I can never settle for with no life of their own

cococandy:
You can have both

CoronaVirusPro:
I was only implying that you are more at peace having a house of your own in Nigeria than someone on a 15-40 year mortgage rat race.

People have outright peace of mind in Nigeria. It’s easily attainable in Nigeria unlike abroad. You get so soaked in debt that you can’t even break of.

I know that system to well. I saw it, not hearsay.

People staying in places I cannot even stay in Nigeria. Doing works I can never settle for with no life of their own