Land Banking in Nigeria: Is It a Good Investment for Nigerians Living Abroad?
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For many Nigerians living in the United Kingdom, United States, Canada, Germany, Ireland and other parts of the world, investing in property back home remains an important financial goal. Some want to secure land for retirement. Others hope to build a family home, establish a business, generate future rental income or create an asset that can be passed down to the next generation.
One real estate investment strategy that has attracted considerable interest is land banking.