Leaving Trinidad for good...

[Dohplaydat]

Tuners im in the process of migrating to the US.
I would appreciate your opinions in regards to liquidating assets.
I'm fortunate to own multiple income producing property,
would it be best to sell everything and use the cash to purchase property abroad such as mutil family units?
Or is it better to slowly sell assets because it's such a drastic change and a entirely different environment that such a move would not be wise?

Multiple credit cards and I hope you have a godfather working in the bank. Other than that, getting your money out is harder than the 12 tasks of Hercules.

Just to add to that it took me 4 months to transfer 330k to the UK in 2021. This was using 2 credit cards and 3 different banks, and endless time wasting following up on it.

FCB was the worse as they flat out refused to do more than $500usd per week.

RBC came through the best in the end though I did have a good contact there.

[The Bamboo Online]

Tuners im in the process of migrating to the US.
I would appreciate your opinions in regards to liquidating assets.
I'm fortunate to own multiple income producing property,
would it be best to sell everything and use the cash to purchase property abroad such as mutil family units?
Or is it better to slowly sell assets because it's such a drastic change and a entirely different environment that such a move would not be wise?

Multiple credit cards and I hope you have a godfather working in the bank. Other than that, getting your money out is harder than the 12 tasks of Hercules.

Just to add to that it took me 4 months to transfer 330k to the UK in 2021. This was using 2 credit cards and 3 different banks, and endless time wasting following up on it.

FCB was the worse as they flat out refused to do more than $500usd per week.

RBC came through the best in the end though I did have a good contact there.

You will need to accumulate at least $500k USD to kick off so Unless you got easy access to cash to buy properties right away in the USA you are going to face high mortgage rates. And nobody will loan you cash.
On flip side because people can’t afford mortgage rates they have to continue renting. So Rents are going up.
So Build up your credit score first. Hold down a permanent job for at least 2 years take out credit cards take small loans. Pay them off.
I say keep your rental units to show you got extra income stream to bankers in USA see what they think. Once you got good credit score they will beg you to burrow cash ask for them first time home buyer loan to buy multiple family home so you can rent a unit which usually pays the mortgage and you live free for a year and move out and rent the other. Then repeat process except next loan will not be 1st time loan. Then sell off Trinidad property and start bringing the cash over. Buy your forever home and enjoy life

[pugboy]

it is alleged many of the companies who getting USD easy via govt contacts, eg the tesla new dealers are with fcb
go figure.....

FCB was the worse as they flat out refused to do more than $500usd per week.

RBC came through the best in the end though I did have a good contact there.

[Chimera]

You can sell property at a preferential price if the buyer pays in usd.

Like 3 million tt or 400k usd when you selling

[triniterribletim]

You can sell property at a preferential price if the buyer pays in usd.

Like 3 million tt or 400k usd when you selling

Who in their right mind is going to drop 400K USD on non-commercial property in Trinidad? Unless they're getting a decade long government rental contract on said property, it's probably going to be a net loss.

[AlphaMan]

Tuners im in the process of migrating to the US.
I would appreciate your opinions in regards to liquidating assets.
I'm fortunate to own multiple income producing property,
would it be best to sell everything and use the cash to purchase property abroad such as mutil family units?
Or is it better to slowly sell assets because it's such a drastic change and a entirely different environment that such a move would not be wise?

Have you ever been to the us before?
Do you have family there?

[Chimera]

You can sell property at a preferential price if the buyer pays in usd.

Like 3 million tt or 400k usd when you selling

Who in their right mind is going to drop 400K USD on non-commercial property in Trinidad? Unless they're getting a decade long government rental contract on said property, it's probably going to be a net loss.

Alot of persons are paying chunks of usd locally for properties if they are getting an amazing rate and us is no issue or importance to them.

A good example is parents or grand parents abroad who buying property for their kids or grand kids here.

One of my padnas in real estate sold 3 houses recently for payment in USD.

Buyers saved probably a 150k on the price because they paid in usd.


A nex bredrin of mine who living new york buy 2 houses in grande and paid the sellers in usd

[88sins]

Tuners im in the process of migrating to the US.
I would appreciate your opinions in regards to liquidating assets.
I'm fortunate to own multiple income producing property,
would it be best to sell everything and use the cash to purchase property abroad such as mutil family units?
Or is it better to slowly sell assets because it's such a drastic change and a entirely different environment that such a move would not be wise?

You have options.
Options 1-sell everything and move (only do this if you 150% sure that you will never set foot back in t&t
Option 2- sell the lowest earners for as much as you can get and let the others continue earning, and sell them later when they mo longer making money or costing more than they making.
Option 3- keep all, and use the revenue they generate to set yourself up when you migrate (best option for if you want to leave something for future use or generations to come. )

You choose

[AlphaMan]

You can sell property at a preferential price if the buyer pays in usd.

Like 3 million tt or 400k usd when you selling

Who in their right mind is going to drop 400K USD on non-commercial property in Trinidad? Unless they're getting a decade long government rental contract on said property, it's probably going to be a net loss.

Alot of persons are paying chunks of usd locally for properties if they are getting an amazing rate and us is no issue or importance to them.

A good example is parents or grand parents abroad who buying property for their kids or grand kids here.

One of my padnas in real estate sold 3 houses recently for payment in USD.

Buyers saved probably a 150k on the price because they paid in usd.


A nex bredrin of mine who living new york buy 2 houses in grande and paid the sellers in usd

Why would someone from the us buy property in Trinidad when Trini's trying to get out.

[Chimera]

You can sell property at a preferential price if the buyer pays in usd.

Like 3 million tt or 400k usd when you selling

Who in their right mind is going to drop 400K USD on non-commercial property in Trinidad? Unless they're getting a decade long government rental contract on said property, it's probably going to be a net loss.

Alot of persons are paying chunks of usd locally for properties if they are getting an amazing rate and us is no issue or importance to them.

A good example is parents or grand parents abroad who buying property for their kids or grand kids here.

One of my padnas in real estate sold 3 houses recently for payment in USD.

Buyers saved probably a 150k on the price because they paid in usd.


A nex bredrin of mine who living new york buy 2 houses in grande and paid the sellers in usd

Why would someone from the us but property in Trinidad when Trini's trying to get out.

Some old trinis are returning after spending their whole lives abroad.

And many of them are buying property for their children or grandchildren who are here.

[Wolfgang123]

Tuners im in the process of migrating to the US.
I would appreciate your opinions in regards to liquidating assets.
I'm fortunate to own multiple income producing property,
would it be best to sell everything and use the cash to purchase property abroad such as mutil family units?
Or is it better to slowly sell assets because it's such a drastic change and a entirely different environment that such a move would not be wise?

Have you ever been to the us before?
Do you have family there?

Yes, quite a few times I have my greencard
Most of my immediate family reside there.

[Wolfgang123]

Tuners im in the process of migrating to the US.
I would appreciate your opinions in regards to liquidating assets.
I'm fortunate to own multiple income producing property,
would it be best to sell everything and use the cash to purchase property abroad such as mutil family units?
Or is it better to slowly sell assets because it's such a drastic change and a entirely different environment that such a move would not be wise?

You have options.
Options 1-sell everything and move (only do this if you 150% sure that you will never set foot back in t&t
Option 2- sell the lowest earners for as much as you can get and let the others continue earning, and sell them later when they mo longer making money or costing more than they making.
Option 3- keep all, and use the revenue they generate to set yourself up when you migrate (best option for if you want to leave something for future use or generations to come. )

You choose

Only issue with option 3 is leaving it in the hands of others to manage.
Leaning more towards option two to me it seems to be the safer route.

[triniterribletim]

My mother finally made it down to South America. Barely been a week since she has been here and she's already convinced that she should pack up and move to Brazil. I think what sealed the deal for her was going to some of the most expensive supermarkets here, and realizing that their top shelf goods were still cheaper than the things you can buy in Xtra Foods. Or it may have been the nice neighborhoods and parks of Curitiba along with the public Christmas celebrations. Mission in progress.

[xtech]

My mother finally made it down to South America. Barely been a week since she has been here and she's already convinced that she should pack up and move to Brazil. I think what sealed the deal for her was going to some of the most expensive supermarkets here, and realizing that their top shelf goods were still cheaper than the things you can buy in Xtra Foods. Or it may have been the nice neighborhoods and parks of Curitiba along with the public Christmas celebrations. Mission in progress.

She like the top shelf corned beef huh

[The Bamboo Online]

Corned beef in cans are the meat shavings collected by the meat processing plant after the meat saws run through slabs of corned beef and horse meat. Since I moved to States I enjoy me the real corned beef.

[AlphaMan]

Tuners im in the process of migrating to the US.
I would appreciate your opinions in regards to liquidating assets.
I'm fortunate to own multiple income producing property,
would it be best to sell everything and use the cash to purchase property abroad such as mutil family units?
Or is it better to slowly sell assets because it's such a drastic change and a entirely different environment that such a move would not be wise?

Have you ever been to the us before?
Do you have family there?

Yes, quite a few times I have my greencard
Most of my immediate family reside there.

How did you get your green card?

[triniterribletim]

My mother finally made it down to South America. Barely been a week since she has been here and she's already convinced that she should pack up and move to Brazil. I think what sealed the deal for her was going to some of the most expensive supermarkets here, and realizing that their top shelf goods were still cheaper than the things you can buy in Xtra Foods. Or it may have been the nice neighborhoods and parks of Curitiba along with the public Christmas celebrations. Mission in progress.

She like the top shelf corned beef huh

Mostly the alco and the meat options available. Also the chocolates.

[goalpost]

Im sure its in the thread somewhere, but how does one migrate to Brazil?

How is the weather there?

[triniterribletim]

Im sure its in the thread somewhere, but how does one migrate to Brazil?

How is the weather there?

The weather depends on where you live. There are multiple biomes and climatic regions, ranging from scrubland to rainforest to savanna to temperate. Where I live in the Southeast, in the interior of São Paulo, it's somewhat temperate, though the lowest temps you get here in winter only tend to be around 5-6° Celsius, and only for a coupleat that. You might get an average of ~15° throughout winter. If you go North, it gets more tropical, in the Northeast, it's very dry. In the South it's not uncommon to have snow in winter. The order of the seasons is also inverted due to being in the Southern Hemisphere.

Migration has several paths. One is through obtaining a work visa through a Brazilian company. It's very common with multinationals and large corporations to have some foreign workers. Academic and research positions and fellowships are also usually available at the large Universities here. You can get a digital nomad visa and work remotely. You could also get a student visa and study at a Brazilian university. The last option is a visa for retirees, who can prove they have a certain amount of funds and/or income. I'd probably say the greatest barrier to entry is having to learn Portuguese. Outside of the larger cities, English speakers are rare.

[Xplode]

Tuners im in the process of migrating to the US.
I would appreciate your opinions in regards to liquidating assets.
I'm fortunate to own multiple income producing property,
would it be best to sell everything and use the cash to purchase property abroad such as mutil family units?
Or is it better to slowly sell assets because it's such a drastic change and a entirely different environment that such a move would not be wise?

You have options.
Options 1-sell everything and move (only do this if you 150% sure that you will never set foot back in t&t
Option 2- sell the lowest earners for as much as you can get and let the others continue earning, and sell them later when they mo longer making money or costing more than they making.
Option 3- keep all, and use the revenue they generate to set yourself up when you migrate (best option for if you want to leave something for future use or generations to come. )

You choose

Wolfgang , had 3 properties in Trini, sold 2 and kept the best one for vacation and retirement, St. Clair/ Maraval area. Got USD for sold properties from buyers here in Florida and Toronto , My wife is into real estate in USA and Canada ,she got the buyers for me there a long list of buyers especially in Canada wanting Trinidad properties to buy cash , a lot of negations went on . Took the USD bought my self a beautiful fix upper property in Coral Gables 3 bdr ,with pool, 4 car garage, my wife condo in Toronto we do short term rentals ,the real estate in Toronto is crazy ,mad high fam 2 bdr goes for $3500 cad a month easy , my advice sell what you got in Trini but still save something if you ever want to return .

[Wolfgang123]

Tuners im in the process of migrating to the US.
I would appreciate your opinions in regards to liquidating assets.
I'm fortunate to own multiple income producing property,
would it be best to sell everything and use the cash to purchase property abroad such as mutil family units?
Or is it better to slowly sell assets because it's such a drastic change and a entirely different environment that such a move would not be wise?

Have you ever been to the us before?
Do you have family there?

Family who are citizens there sponsored my family

Yes, quite a few times I have my greencard
Most of my immediate family reside there.

How did you get your green card?

[Rovin]

yesterday across fb had a nice cool story with a female trini who climbed to d top of antarctic , i surprised nobody posted it ... good to see trinis accomplishing something outside of here

https://www.facebook.com/photo/?fbid=74 ... 2216964353

[Wolfgang123]

Tuners im in the process of migrating to the US.
I would appreciate your opinions in regards to liquidating assets.
I'm fortunate to own multiple income producing property,
would it be best to sell everything and use the cash to purchase property abroad such as mutil family units?
Or is it better to slowly sell assets because it's such a drastic change and a entirely different environment that such a move would not be wise?

Great man glad to hear of your success.
Want to get into real estate in Houston texas , lots of development taking place and a growing population.
Also multi family i think is attainable there as compared to other popular cities and states.

You have options.
Options 1-sell everything and move (only do this if you 150% sure that you will never set foot back in t&t
Option 2- sell the lowest earners for as much as you can get and let the others continue earning, and sell them later when they mo longer making money or costing more than they making.
Option 3- keep all, and use the revenue they generate to set yourself up when you migrate (best option for if you want to leave something for future use or generations to come. )

You choose

Wolfgang , had 3 properties in Trini, sold 2 and kept the best one for vacation and retirement, St. Clair/ Maraval area. Got USD for sold properties from buyers here in Florida and Toronto , My wife is into real estate in USA and Canada ,she got the buyers for me there a long list of buyers especially in Canada wanting Trinidad properties to buy cash , a lot of negations went on . Took the USD bought my self a beautiful fix upper property in Coral Gables 3 bdr ,with pool, 4 car garage, my wife condo in Toronto we do short term rentals ,the real estate in Toronto is crazy ,mad high fam 2 bdr goes for $3500 cad a month easy , my advice sell what you got in Trini but still save something if you ever want to return .

[pugboy]

toronto has gone clear
everything there is expensive

[AlphaMan]

toronto has gone clear
everything there is expensive

Everything in Canada is expensive.
Poor choice if you're looking at a country to migrate to.

[pugboy]

outside of ontario is better

toronto has gone clear
everything there is expensive

Everything in Canada is expensive.
Poor choice if you're looking at a country to migrate to.

[MaxPower]

toronto has gone clear
everything there is expensive

Everything in Canada is expensive.
Poor choice if you're looking at a country to migrate to.

Well like any country, if you making a ketch ass salary, you will ketch your ass nevertheless.

[AlphaMan]

toronto has gone clear
everything there is expensive

Everything in Canada is expensive.
Poor choice if you're looking at a country to migrate to.

Well like any country, if you making a ketch ass salary, you will ketch your ass nevertheless.

What is a ketch ass salary in Trinidad?
Less than 5K?

[pugboy]

depends on your spending
i know ppl making $20k and never have money

[AlphaMan]

depends on your spending
i know ppl making $20k and never have money

What type of career fetching you 20 k a month.