MyGeneration:
To me invest now.

Naira is at an all time low because of covid and drop in oil price by next year when covid ends and naira starts rising ur money might not be as big as it is if u invest right now.

COMPAQ:


Invest in German stocks or Treasury Bills until you are sure which location you will settle in. DO NOT invest in land/house in Nigeria unless it is inevitable that you are coming back. You lose nothing because even if it takes a year before it is 100% sure you are coming back, your $1 that is worth N470 today, may be worth N550 by then.

Generally any Nigerian that does not have foreign currency investments is DOOMED. I GUARANTEE you by 2030 $1 will be N1000!!

pansophist:


Germany is a participating country in the list of countries that issue "long term resident permit" base on directive 2003/109/EC. Anyone with a German long term permit can work in other participating countries. If you truly works in an immigration house as you claimed, this should not be novelty to you.

Anyone that have a permit residence permit can apply for it, provided that they have sufficiently integrated and can demonstrate it by passing their German language exams.

bamdexfarms:
My advise to you is very different from others. Being also a student in Germany since 2018, I have come to realize that no matter your resident status anywhere in the world, home is where the heart is. As a student, it is not mandatory to invest in Nigeria while studying but is is a very wise decision to take. Waiting until you get PR in Germany or Canada is like putting all your eggs in one basket. You can buy a plot of land in Nigeria and watch the value appreciate before you graduate!

Studying/working in Europe is not easy as many people assume. The system has been designed to take back a large chunk of your earnings (tax, health insurance/ bills etc) and you may be left with nothing to save. Also getting a PR does not guaranty that your income/savings will improve. Remember, after graduation, you will not be living in the subsidized student hostels anymore. There are lots of PR holders and citizens here that can barely get by with what they earn. Some can not go back home for a visit because they have nothing to show after staying for years in the West. If you invest early in Nigeria, your life will have a purpose here in the west. I know students who have real estate investments in Nigeria and they earn returns without breaking a sweat.

A wise investment in Nigeria may be your saving grace in case of emergency! Government policies in the West changes without notice and you need a solid backup at home! No investment is too early, only late investments are regrettable.

Womanizer:


Lekki is far safer than Hackney where you could be knifed by a member of gangs there while minding your own business!

Lexusgs430:
Another confused student...... I wonder how you attained that educational status, if simple issues you cannot critically think about and self analyse............

Unityroad:




Learn to read well before you type next time

madridsta007:

Or vast knowledge in Googling information.

madridsta007:

Or vast knowledge in Googling information.

UndauntedYOCA:
Lol. So funny! She reside s in Dortmund o!

Guru9ja:
its just a research journal

Olajumoke19:
Hi guys
My name is Olajumoke, I am new here
I am currently looking for universities in Germany that offer courses in English for Maters in Public health.
Please anyone with information

akinola98:


I disagree with you on the aspect of Nigerian investment making u poorer . It depends on the type of investment u made in Nigeria �� and the amount of capital invested

I have a very close friend who lives in the USA who invested 100 million naira into buying FGN bond of 30yrs when coupon rate % was 17+, he makes 17 million naira yearly as passive income, which he would be collecting for 30 years tenor . My guy said he would NEVER make such in USA .... even if this guy comes back to naija now ... it is enjoyment all the way, with more investment to be made from his coupon

I know at the moment most investment rates have come down but with good amount of capital, there are still investment instruments u could invest in, to stay afloat

GallantDuke:

Are you her neighbor?

pansophist:


I'm referring to this card bros.

https://de.m.wikipedia.org/wiki/Erlaubnis_zum_Daueraufenthalt-EU_(Deutschland)

This is the card I'm referring to. Read up on it. I repeat, this card will take you to other EU countries.

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

Dizzyrascal:
everybody needs advise sometimes, nobody is a know all and be all

waleadeagb:
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...

Ganjafama:
Whatever you do don't, I repeat , don't ever dream of relocating to Nigeria. Your unborn kids would hate you for that.

Basalt:


In all ramifications, I prefer Germany to Canada.
My only problem here is that my German is not yet good.
I really love Germany honestly.

Though it's a very hard country

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

Basalt:


The problem is that with German student visa, you are not allowed to do business.
Many people are telling me to help them import cars with their money ready but I can't, I am restricted by my visa.
I just need to get a permanent residency then things will be easier

Gerrard59:


That's a good idea, you know. Just that those machines might be more expensive (although second hand) than Chinese. Nonetheless, it's a good business idea. Better than building a house for rent which will be generated in naira.

cjeriia:
Basalt put me through on how to apply and get the German admission. Been trying to apply for an MEng/MSc in process engineering for a while

Basalt:


The problem is that with a German student visa, you are not allowed to do business.

Unityroad:




Learn to read well before you type next time

bamdexfarms:
My advise to you is very different from others. Being also a student in Germany since 2018, I have come to realize that no matter your resident status anywhere in the world, home is where the heart is. As a student, it is not mandatory to invest in Nigeria while studying but is is a very wise decision to take. Waiting until you get PR in Germany or Canada is like putting all your eggs in one basket. You can buy a plot of land in Nigeria and watch the value appreciate before you graduate!

Studying/working in Europe is not easy as many people assume. The system has been designed to take back a large chunk of your earnings (tax, health insurance/ bills etc) and you may be left with nothing to save. Also getting a PR does not guaranty that your income/savings will improve. Remember, after graduation, you will not be living in the subsidized student hostels anymore. There are lots of PR holders and citizens here that can barely get by with what they earn. Some can not go back home for a visit because they have nothing to show after staying for years in the West. If you invest early in Nigeria, your life will have a purpose here in the west. I know students who have real estate investments in Nigeria and they earn returns without breaking a sweat.

A wise investment in Nigeria may be your saving grace in case of emergency! Government policies in the West changes without notice and you need a solid backup at home! No investment is too early, only late investments are regrettable.