₦airaland Forum

please do

Basalt:
Goodmorning Ladies and Gentlemen.
I am Basalt by name and I came to Germany last year(2019) October for my MSc studies with a little amount of Money and a partially borrowed block account from my inlaw (his money and my money).
On arrival in Germany, I took only a few courses and got a job outside my city and also got a mini-job. I did all my monthly expenses from my Mini job and used my main job to completely pay back my debt within a few months of arrival.

Now, that's not the discussion at hand.
I need advice especially from people who have lived abroad or have many years of experience in life.
My visa still counts till 2022 and I can even extend it if I don't finish my studies by then.
According to German policy, once you graduate from the University, you will be given 18 months to get a professional job or return back to your country.
Returning back to Nigeria is totally out of my plan at least for now because I came from a very poor family without any job connection and I am really enjoying Europe.
I plan to buy land or start building a house (I saved millions of naira and will even save more as time goes) but my friend who is also a student here discouraged me against that saying that my root is not yet fixed abroad that I should wait and continue investing in myself and undergoing professional training until I get permanent residency before investing. That I should always keep saving because it is not certain that I will get a professional job after graduation since my course is not in Information Technology which is currently booming in Germany. That even if I don't get a job, I can use the money to migrate to Canada or any other country of my choice.
He asked What if you invest the money now and don't get a job after graduation, what will you do after the 18 months of post graduation visa since you don't have any backup from home who will help you out financially.

What do you guys think. I need opinions

I stick with your friend's advise

Whatever you do. Do not convert your savings to Naira when it gets to Nigeria. Keep it in your domiciliary account. Rather convert your investment yields to the currency of the place you reside.

Learned this the hard way.

Basalt:
Goodmorning Ladies and Gentlemen.
I am Basalt by name and I came to Germany last year(2019) October for my MSc studies with a little amount of Money and a partially borrowed block account from my inlaw (his money and my money).
On arrival in Germany, I took only a few courses and got a job outside my city and also got a mini-job. I did all my monthly expenses from my Mini job and used my main job to completely pay back my debt within a few months of arrival.

Now, that's not the discussion at hand.
I need advice especially from people who have lived abroad or have many years of experience in life.
My visa still counts till 2022 and I can even extend it if I don't finish my studies by then.
According to German policy, once you graduate from the University, you will be given 18 months to get a professional job or return back to your country.
Returning back to Nigeria is totally out of my plan at least for now because I came from a very poor family without any job connection and I am really enjoying Europe.
I plan to buy land or start building a house (I saved millions of naira and will even save more as time goes) but my friend who is also a student here discouraged me against that saying that my root is not yet fixed abroad that I should wait and continue investing in myself and undergoing professional training until I get permanent residency before investing. That I should always keep saving because it is not certain that I will get a professional job after graduation since my course is not in Information Technology which is currently booming in Germany. That even if I don't get a job, I can use the money to migrate to Canada or any other country of my choice.
He asked What if you invest the money now and don't get a job after graduation, what will you do after the 18 months of post graduation visa since you don't have any backup from home who will help you out financially.

What do you guys think. I need opinions

permanent stay doesn’t guarantee you permanent stay, in Germany if you travel out of the country for three months your permanent stay will be revoked, I urge you to invest in Nigeria while you are visiting Nigeria and Germany together.
Germany is a country where human right especially the immigrants doesn’t exist. Hitler is dead but his law lives.

Basalt:
Goodmorning Ladies and Gentlemen.
I am Basalt by name and I came to Germany last year(2019) October for my MSc studies with a little amount of Money and a partially borrowed block account from my inlaw (his money and my money).
On arrival in Germany, I took only a few courses and got a job outside my city and also got a mini-job. I did all my monthly expenses from my Mini job and used my main job to completely pay back my debt within a few months of arrival.

Now, that's not the discussion at hand.
I need advice especially from people who have lived abroad or have many years of experience in life.
My visa still counts till 2022 and I can even extend it if I don't finish my studies by then.
According to German policy, once you graduate from the University, you will be given 18 months to get a professional job or return back to your country.
Returning back to Nigeria is totally out of my plan at least for now because I came from a very poor family without any job connection and I am really enjoying Europe.
I plan to buy land or start building a house (I saved millions of naira and will even save more as time goes) but my friend who is also a student here discouraged me against that saying that my root is not yet fixed abroad that I should wait and continue investing in myself and undergoing professional training until I get permanent residency before investing. That I should always keep saving because it is not certain that I will get a professional job after graduation since my course is not in Information Technology which is currently booming in Germany. That even if I don't get a job, I can use the money to migrate to Canada or any other country of my choice.
He asked What if you invest the money now and don't get a job after graduation, what will you do after the 18 months of post graduation visa since you don't have any backup from home who will help you out financially.

What do you guys think. I need opinions

Returning back to Nigeria is totally out of my plan if you understand the business environment in Europe so well, and you are doing fine there, why are you contemplating the idea of returning to invest?

You heart lies there if you should come back to where you don't really have in mind and you don't enjoy that would be bad.

A lot of people who I have heard of, who come back to start business or invest and they are doing well are people who have Nig in mind and are ready to defile all odds but your case is different.

Invest there do exploit then expand your investment to your country once you have learned about the functionality of your business down here.

Unityroad:
Learn to read well before you type next time

The fact that OP said he came from a poor background and now,he is abroad.It gives me hope that I too can go abroad despite my current financial situation.God be praised!
Just help me check my signature,thanks.

DortmundGirl:
Save your money!!

According to Aufenthaltsgesetz (immigration law of Germany) to buy land or property in Germany doesnt guaranty a residence permit!

They can still ask you to leave the country despite having land or a house if you dont find job after studies unless you open a big company and invest a lot of money in Germany .

Good luck

Nawaoooo

congratulations u have a good friend

please secure your stay first ooooooooooooo here dee hot, inflation everywhere, cost of food going higher everyday. i used to cook better stew with 1500, now is 2000 with management. i no de even eat better turkey now, na half killo of chicken i dee manage with onion wee de like lizard eggs. just get your stay first bro, Then you call me make i look for land for you for Dangote refinery side for you.

Basalt:
Goodmorning Ladies and Gentlemen.
I am Basalt by name and I came to Germany last year(2019) October for my MSc studies with a little amount of Money and a partially borrowed block account from my inlaw (his money and my money).
On arrival in Germany, I took only a few courses and got a job outside my city and also got a mini-job. I did all my monthly expenses from my Mini job and used my main job to completely pay back my debt within a few months of arrival.

Now, that's not the discussion at hand.
I need advice especially from people who have lived abroad or have many years of experience in life.
My visa still counts till 2022 and I can even extend it if I don't finish my studies by then.
According to German policy, once you graduate from the University, you will be given 18 months to get a professional job or return back to your country.
Returning back to Nigeria is totally out of my plan at least for now because I came from a very poor family without any job connection and I am really enjoying Europe.
I plan to buy land or start building a house (I saved millions of naira and will even save more as time goes) but my friend who is also a student here discouraged me against that saying that my root is not yet fixed abroad that I should wait and continue investing in myself and undergoing professional training until I get permanent residency before investing. That I should always keep saving because it is not certain that I will get a professional job after graduation since my course is not in Information Technology which is currently booming in Germany. That even if I don't get a job, I can use the money to migrate to Canada or any other country of my choice.
He asked What if you invest the money now and don't get a job after graduation, what will you do after the 18 months of post graduation visa since you don't have any backup from home who will help you out financially.

What do you guys think. I need opinions

Split the funds into six months investment tenure and reinvest the returns



Good luck

Whatever decision you make eventually,I'll advise that you don't just leave money in your account. Invest Part of it in any financial instrument, no matter how small the return is. You Can invest in stocks, treasury bills, mutual funds etc.

I Wish You The Best Of Luck.

You really have a good friend. He gave you the best advise my brother.

However, don't invest in Nigeria for now or even in the nearest future.....10 years to this time cos this is not a stable country for now. Anything can happen within the next few years. You can arrange your family to join you when you are comfortable, I would rather support the advise of your friend to relocate to Canada after your Msc cos there is more of opportunities in Canada for you than Germany. Forget buying of lands as an investment in Nigeria especially when you ain't around. Try and get better paying job and continue saving as best as you can than buying a property here that could be a hoax or taken away by more powerful individual or thugs and nothing you will do about it. Talking from experience anyway. Good luck...

Chairman, Go with your friend's advice. He just gave you the best of advice. Nigeria is on auto-pilot for now please keep your head in Germany

I was once in your shoe. No permanent residence and was caught in-between investing in myself or start building a house in Nigeria. I chose the former and I was glad I did. I triple my earning in less than 2 years and was able to start building the same house with less stress. The point is, even when you start building the so called house, the return on investing will be low cos it makes time to recoup your investing in real estate. Invest in yourself, increase your earn and you can go on and build yourself a house and do other good stuff.

Basalt:
Goodmorning Ladies and Gentlemen.
I am Basalt by name and I came to Germany last year(2019) October for my MSc studies with a little amount of Money and a partially borrowed block account from my inlaw (his money and my money).
On arrival in Germany, I took only a few courses and got a job outside my city and also got a mini-job. I did all my monthly expenses from my Mini job and used my main job to completely pay back my debt within a few months of arrival.

Now, that's not the discussion at hand.
I need advice especially from people who have lived abroad or have many years of experience in life.
My visa still counts till 2022 and I can even extend it if I don't finish my studies by then.
According to German policy, once you graduate from the University, you will be given 18 months to get a professional job or return back to your country.
Returning back to Nigeria is totally out of my plan at least for now because I came from a very poor family without any job connection and I am really enjoying Europe.
I plan to buy land or start building a house (I saved millions of naira and will even save more as time goes) but my friend who is also a student here discouraged me against that saying that my root is not yet fixed abroad that I should wait and continue investing in myself and undergoing professional training until I get permanent residency before investing. That I should always keep saving because it is not certain that I will get a professional job after graduation since my course is not in Information Technology which is currently booming in Germany. That even if I don't get a job, I can use the money to migrate to Canada or any other country of my choice.
He asked What if you invest the money now and don't get a job after graduation, what will you do after the 18 months of post graduation visa since you don't have any backup from home who will help you out financially.

What do you guys think. I need opinions

Please do not listen to him. Invest in real estate especially in a place with high return of investment and rapid development if you have the money. Don't make similar mistake that a lot o people have made in the past. No matter what comes after, real estate investment will get your back covered. So do it and thank me later.

Basalt:
Goodmorning Ladies and Gentlemen.
I am Basalt by name and I came to Germany last year(2019) October for my MSc studies with a little amount of Money and a partially borrowed block account from my inlaw (his money and my money).
On arrival in Germany, I took only a few courses and got a job outside my city and also got a mini-job. I did all my monthly expenses from my Mini job and used my main job to completely pay back my debt within a few months of arrival.

Now, that's not the discussion at hand.
I need advice especially from people who have lived abroad or have many years of experience in life.
My visa still counts till 2022 and I can even extend it if I don't finish my studies by then.
According to German policy, once you graduate from the University, you will be given 18 months to get a professional job or return back to your country.
Returning back to Nigeria is totally out of my plan at least for now because I came from a very poor family without any job connection and I am really enjoying Europe.
I plan to buy land or start building a house (I saved millions of naira and will even save more as time goes) but my friend who is also a student here discouraged me against that saying that my root is not yet fixed abroad that I should wait and continue investing in myself and undergoing professional training until I get permanent residency before investing. That I should always keep saving because it is not certain that I will get a professional job after graduation since my course is not in Information Technology which is currently booming in Germany. That even if I don't get a job, I can use the money to migrate to Canada or any other country of my choice.
He asked What if you invest the money now and don't get a job after graduation, what will you do after the 18 months of post graduation visa since you don't have any backup from home who will help you out financially.

What do you guys think. I need opinions

Forget Nigeria. You will not achieve your potential in Nigeria and you will ultimately regret investing your youth in Nigeria. Nigeria is the only country that gets worse as the years go by. You can always visit if you are homesick.

Basalt:
Goodmorning Ladies and Gentlemen.
I am Basalt by name and I came to Germany last year(2019) October for my MSc studies with a little amount of Money and a partially borrowed block account from my inlaw (his money and my money).
On arrival in Germany, I took only a few courses and got a job outside my city and also got a mini-job. I did all my monthly expenses from my Mini job and used my main job to completely pay back my debt within a few months of arrival.

Now, that's not the discussion at hand.
I need advice especially from people who have lived abroad or have many years of experience in life.
My visa still counts till 2022 and I can even extend it if I don't finish my studies by then.
According to German policy, once you graduate from the University, you will be given 18 months to get a professional job or return back to your country.
Returning back to Nigeria is totally out of my plan at least for now because I came from a very poor family without any job connection and I am really enjoying Europe.
I plan to buy land or start building a house (I saved millions of naira and will even save more as time goes) but my friend who is also a student here discouraged me against that saying that my root is not yet fixed abroad that I should wait and continue investing in myself and undergoing professional training until I get permanent residency before investing. That I should always keep saving because it is not certain that I will get a professional job after graduation since my course is not in Information Technology which is currently booming in Germany. That even if I don't get a job, I can use the money to migrate to Canada or any other country of my choice.
He asked What if you invest the money now and don't get a job after graduation, what will you do after the 18 months of post graduation visa since you don't have any backup from home who will help you out financially.

What do you guys think. I need opinions

Whatever you do don't buy and a piece of land and keep if you are not ready to commence building

Guy buid a house in Nigeria get a reliable and trusted person to help you renovate it then put on lease sharp after few years you earn double

Basalt:
Goodmorning Ladies and Gentlemen.
I am Basalt by name and I came to Germany last year(2019) October for my MSc studies with a little amount of Money and a partially borrowed block account from my inlaw (his money and my money).
On arrival in Germany, I took only a few courses and got a job outside my city and also got a mini-job. I did all my monthly expenses from my Mini job and used my main job to completely pay back my debt within a few months of arrival.

Now, that's not the discussion at hand.
I need advice especially from people who have lived abroad or have many years of experience in life.
My visa still counts till 2022 and I can even extend it if I don't finish my studies by then.
According to German policy, once you graduate from the University, you will be given 18 months to get a professional job or return back to your country.
Returning back to Nigeria is totally out of my plan at least for now because I came from a very poor family without any job connection and I am really enjoying Europe.
I plan to buy land or start building a house (I saved millions of naira and will even save more as time goes) but my friend who is also a student here discouraged me against that saying that my root is not yet fixed abroad that I should wait and continue investing in myself and undergoing professional training until I get permanent residency before investing. That I should always keep saving because it is not certain that I will get a professional job after graduation since my course is not in Information Technology which is currently booming in Germany. That even if I don't get a job, I can use the money to migrate to Canada or any other country of my choice.
He asked What if you invest the money now and don't get a job after graduation, what will you do after the 18 months of post graduation visa since you don't have any backup from home who will help you out financially.

What do you guys think. I need opinions

Your friend gave you the best advice, i will add that you should not wait for the 18 months post education visa before you start looking for other options. Start your Canadian PR Now and every other one. A plus for you if you are not married.

Basalt:
Goodmorning Ladies and Gentlemen.
I am Basalt by name and I came to Germany last year(2019) October for my MSc studies with a little amount of Money and a partially borrowed block account from my inlaw (his money and my money).
On arrival in Germany, I took only a few courses and got a job outside my city and also got a mini-job. I did all my monthly expenses from my Mini job and used my main job to completely pay back my debt within a few months of arrival.

Now, that's not the discussion at hand.
I need advice especially from people who have lived abroad or have many years of experience in life.
My visa still counts till 2022 and I can even extend it if I don't finish my studies by then.
According to German policy, once you graduate from the University, you will be given 18 months to get a professional job or return back to your country.
Returning back to Nigeria is totally out of my plan at least for now because I came from a very poor family without any job connection and I am really enjoying Europe.
I plan to buy land or start building a house (I saved millions of naira and will even save more as time goes) but my friend who is also a student here discouraged me against that saying that my root is not yet fixed abroad that I should wait and continue investing in myself and undergoing professional training until I get permanent residency before investing. That I should always keep saving because it is not certain that I will get a professional job after graduation since my course is not in Information Technology which is currently booming in Germany. That even if I don't get a job, I can use the money to migrate to Canada or any other country of my choice.
He asked What if you invest the money now and don't get a job after graduation, what will you do after the 18 months of post graduation visa since you don't have any backup from home who will help you out financially.

What do you guys think. I need opinions

Bro I was in the same situation a few months ago but in the UK. I bought a land and hoped to resell to process my Canada visa when the time comes. My brother buy a land. Don’t build yet.

You may spend the money if you keep it in your account. Problem no dey finish remember.

Your friend has said it all... just yield to his advice

Basalt:
Goodmorning Ladies and Gentlemen.
I am Basalt by name and I came to Germany last year(2019) October for my MSc studies with a little amount of Money and a partially borrowed block account from my inlaw (his money and my money).

Now, that's not the discussion at hand.
I need advice especially from people who have lived abroad or have many years of experience in life.
My visa still counts till 2022 and I can even extend it if I don't finish my studies by...

He asked What if you invest the money now and don't get a job after graduation, what will you do after the 18 months of post graduation visa since you don't have any backup from home who will help you out financially.

What do you guys think. I need opinions

If you have a very trustworthy person in Nigeria then buy at least a plot of land in a good location after that you concentrate on getting your permanent stay in Germany

No matter how bad things are in Nigeria you still need to have some investments here except you have no plans of ever returning to this country

Dont invest in Nigeria oooo. There is no hope that Nigerians can elect a good leadership to sustain your investment. One idiot will wake up one day and Gokada your investment with a silly policy and Nigerians on social media will ask you where you got the investment money from in the first place.

Don't invest in Nigeria. Buy stocks on US stocks where the dollar is secure. Even if your 50m grows in Nigeria, after 10 years it will be the same money or less in dollars.

Don't invest. A word is enough for the wise.

Learn, speak, think, watch and listen in German. It will help a lot towards getting PR and still be able to save towards home!

Basalt:
Goodmorning Ladies and Gentlemen.
I am Basalt by name and I came to Germany last year(2019) October for my MSc studies with a little amount of Money and a partially borrowed block account from my inlaw (his money and my money).
On arrival in Germany, I took only a few courses and got a job outside my city and also got a mini-job. I did all my monthly expenses from my Mini job and used my main job to completely pay back my debt within a few months of arrival.

Now, that's not the discussion at hand.
I need advice especially from people who have lived abroad or have many years of experience in life.
My visa still counts till 2022 and I can even extend it if I don't finish my studies by then.
According to German policy, once you graduate from the University, you will be given 18 months to get a professional job or return back to your country.
Returning back to Nigeria is totally out of my plan at least for now because I came from a very poor family without any job connection and I am really enjoying Europe.
I plan to buy land or start building a house (I saved millions of naira and will even save more as time goes) but my friend who is also a student here discouraged me against that saying that my root is not yet fixed abroad that I should wait and continue investing in myself and undergoing professional training until I get permanent residency before investing. That I should always keep saving because it is not certain that I will get a professional job after graduation since my course is not in Information Technology which is currently booming in Germany. That even if I don't get a job, I can use the money to migrate to Canada or any other country of my choice.
He asked What if you invest the money now and don't get a job after graduation, what will you do after the 18 months of post graduation visa since you don't have any backup from home who will help you out financially.

What do you guys think. I need opinions

Your friend is right. Make sure your source is solid before investing in a country like Nigeria that's full of uncertainty

Basalt:
Goodmorning Ladies and Gentlemen.
I am Basalt by name and I came to Germany last year(2019) October for my MSc studies with a little amount of Money and a partially borrowed block account from my inlaw (his money and my money).
On arrival in Germany, I took only a few courses and got a job outside my city and also got a mini-job. I did all my monthly expenses from my Mini job and used my main job to completely pay back my debt within a few months of arrival.

Now, that's not the discussion at hand.
I need advice especially from people who have lived abroad or have many years of experience in life.
My visa still counts till 2022 and I can even extend it if I don't finish my studies by then.
According to German policy, once you graduate from the University, you will be given 18 months to get a professional job or return back to your country.
Returning back to Nigeria is totally out of my plan at least for now because I came from a very poor family without any job connection and I am really enjoying Europe.
I plan to buy land or start building a house (I saved millions of naira and will even save more as time goes) but my friend who is also a student here discouraged me against that saying that my root is not yet fixed abroad that I should wait and continue investing in myself and undergoing professional training until I get permanent residency before investing. That I should always keep saving because it is not certain that I will get a professional job after graduation since my course is not in Information Technology which is currently booming in Germany. That even if I don't get a job, I can use the money to migrate to Canada or any other country of my choice.
He asked What if you invest the money now and don't get a job after graduation, what will you do after the 18 months of post graduation visa since you don't have any backup from home who will help you out financially.

What do you guys think. I need opinions

Your friend gave you some very sound advice there. What's the rush. You are in a stable country and things will only get better for you. Relax and build something
for your self up gradually.

I am thinking of relocating to Nigeria, even though i was born in hackney East london. But hang on! Security is rubbish in Nigeria.

DenreleDave:
Dash me 20k and let me pray for you..


Blessings full my mouth

bless yourself then

Basalt:
Goodmorning Ladies and Gentlemen.



Returning back to Nigeria is totally out of my plan at least for now because I came from a very poor family without any job connection and I am really enjoying Europe.
>I plan to buy land or start building a house (I saved millions of naira and will even save more as time goes) but my friend who is also a student here discouraged me against that saying that my root is not yet fixed abroad that I should wait and continue investing in myself and undergoing professional training until I get permanent residency before investing. That I should always keep saving because it is not certain that I will get a professional job after graduation since my course is not in Information Technology which is currently booming in Germany. That even if I don't get a job, I can use the money to migrate to Canada or any other country of my choice.
He asked What if you invest the money now and don't get a job after graduation, what will you do after the 18 months of post graduation visa since you don't have any backup from home who will help you out financially.

What do you guys think. I need opinions

So you call buying a land and building a house investment? If you can't find a solid business you can run from Europe with a good returns, then forget it.
Bro. Investment doesn't necessary have to be long term. You can buy something sharply, ship it to Nigeria, cash your money and be on the lookout for another opportunity.
Get good and reliable contacts here in Nigeria, go for machineries like lathe machine, milling machine and other industrial machines which are swapped out from their factories and must be very cheap, get good shipping company and you're good to go.
Don't mind your friend, he is just being a typical Nigerian. Not surprise if he's a Yoruba man with "Aro tan" .
Invest your saved millions in what can aid your travelling back and forth from Europe to Nigeria.