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leavingforgood wrote:SuperiorMan wrote:Just curious, would anyone move if they were making >30k/month?
You will be surprised how many of the "1%" have left in recent years.
I am not a "1%" but I make a healthy living and since I decided to start putting my ducks in a row to leave for good, I have saved a large percentage of my income on a monthly basis, I transfer money to a US-based investment account every month, and I have zero debt.
For many of the "1%" I know personally, they choose to stay because they put so much blood, sweat, and tears into their companies that they do not want to start from scratch. Many of the older "1%" stay 6 months here and 6 months abroad visiting their children and grandchildren. The offspring of the "1%" have either decided to work in the family business, stay in their small social circles and travel as often as possible, or they are planning to enroll in graduate programs abroad and never return to Trinidad.
In my opinion, deciding to leave T&T is more than a monetary decision. If it was only about money I could stay here and be comfortable in my little bubble, but I am not comfortable because every day is a headache in this country.
SuperiorMan wrote:leavingforgood wrote:SuperiorMan wrote:Just curious, would anyone move if they were making >30k/month?
You will be surprised how many of the "1%" have left in recent years.
I am not a "1%" but I make a healthy living and since I decided to start putting my ducks in a row to leave for good, I have saved a large percentage of my income on a monthly basis, I transfer money to a US-based investment account every month, and I have zero debt.
For many of the "1%" I know personally, they choose to stay because they put so much blood, sweat, and tears into their companies that they do not want to start from scratch. Many of the older "1%" stay 6 months here and 6 months abroad visiting their children and grandchildren. The offspring of the "1%" have either decided to work in the family business, stay in their small social circles and travel as often as possible, or they are planning to enroll in graduate programs abroad and never return to Trinidad.
In my opinion, deciding to leave T&T is more than a monetary decision. If it was only about money I could stay here and be comfortable in my little bubble, but I am not comfortable because every day is a headache in this country.
Can you expand on the last point? It may seem obvious but what exactly is causing it?
SuperiorMan wrote:Can you expand on the last point? It may seem obvious but what exactly is causing it?
leavingforgood wrote:I would summarize and give an example. The culture T&T has held on to is nothing short of laziness, incompetence, and rudeness. Two things I will always value more than money are my time and my safety. In T&T my time is constantly wasted due to the laziness and incompetence of others, and I do not feel safe even behind my tall walls, gates, and security.
An example that incorporates both of these things is the struggle to get foreign currency. The hoops I had to jump through to get consistent foreign wire transfers were unacceptable and the lack of financial vehicles available locally makes me afraid for my safety should there ever be an event that requires me to leave the country in a haste with my family e.g. another coup.
I'm sorry but my ego and energy do not get off on "pulling strings" and "flexing my status". I want what I want and I don't want to have to bend over backward just for the basics. I know my life in this country is easier than most but that is not enough for me to put up with the daily headaches.
Also, T&T is boring to me. On other continents, flying to fun destinations is much easier and much cheaper than flying out of T&T.
Hope this answers your question.
unimatrix-001 wrote:SuperiorMan wrote:Can you expand on the last point? It may seem obvious but what exactly is causing it?
I visited Portugal a couple of times out in the rural farmland areas. One thing that shocked me was that some of their rural government service centres open until 10pm to cater for farmers and laborers who work til late and need government services. Where in Trini you finding a licensing office/id card centre openin past 2pm (and cashiers available)
Banks is another thing. In some countries they open weekends, even if it's reduced hours. No need to take time off work to deal with bank
Some places public transit (not even taking developed countries) so good you don't even need a car if you willing to stay around the city, like in Bogota, Kuala Lumpur and mexico city. Doh hada fightup wit PTSC and short drop maxi
MaxPower wrote:leavingforgood wrote:I would summarize and give an example. The culture T&T has held on to is nothing short of laziness, incompetence, and rudeness. Two things I will always value more than money are my time and my safety. In T&T my time is constantly wasted due to the laziness and incompetence of others, and I do not feel safe even behind my tall walls, gates, and security.
An example that incorporates both of these things is the struggle to get foreign currency. The hoops I had to jump through to get consistent foreign wire transfers were unacceptable and the lack of financial vehicles available locally makes me afraid for my safety should there ever be an event that requires me to leave the country in a haste with my family e.g. another coup.
I'm sorry but my ego and energy do not get off on "pulling strings" and "flexing my status". I want what I want and I don't want to have to bend over backward just for the basics. I know my life in this country is easier than most but that is not enough for me to put up with the daily headaches.
Also, T&T is boring to me. On other continents, flying to fun destinations is much easier and much cheaper than flying out of T&T.
Hope this answers your question.
Honestly and truly said. T&T has gone through for quite some time and the solution from the typical and ignorant mentality is….”well leave nah”. The majority of Trinis in T&T really sinked this country and continue to do so. Many Trinis have migrated because they simply do not see a bright future in T&T and they have invested themselves in other countries and Trinis feel “repped” when their countrymen make success in other countries. Look a Trini just got some big post at Nike…you think he would apply to anything in T&T?
The incompetency, laziness, rudeness, culture, irresponsibility, littering, food inconsistency, failed tourism and crime is the reason where T&T is where it is today.
Can T&T ever recover?
Rich people here...know that trinidad is where alot of $$$ can be made. They lime abroad and socialize in smaller circles etc.....but as a businessman or contractor or politician.....the money you can make here or in guyana .....you cannot make easily in more developed countries......SuperiorMan wrote:88sins wrote:SuperiorMan wrote:Just curious, would any one move if they were making >30k/month?
Yes, there's people that make good money here that still opt to leave. Simply because the money you making now is not everything. Those who do usually do so to set it up so that their kids and grandchildren can have more opportunities and a better standard of life down the road. They see the direction that this country is headed and decide to get out before the shtf.
So what usually happens in these cases, is they bank as much money as possible for as long as they can, so that when they leave they have enough money to be able to transition easily. Buy property, vehicle, get qualified in that country if needed, start a business, etc
I get you but I was wondering why some of the 1% decide to stay or even some rich indians.
You need at least 20 Starbucks franchises to handle that kind of volume.Phone Surgeon wrote:U think it doh have insane money passing tru trinidad that propping up businesses.
Right now it have some cartel members who trying to launder 800 million usd within the next 2 months with trinidad businesses. They paying 30% for the assistance.
I didn't type anything wrong there eh.
800 million usd
pugboy wrote:you sometimes see businesses who pop up in last few years and wonder how they financing the level of goods they selling
and unlikely they connected to a political party to get that level of usd
some opening branches all over the place and paying premium rent and nobody in their stores
doh want to call names but I doh buy seasoned chicken
the chinese have it down pat
they use the grocery/fastfood as the cash generating washing machine in conjunction with casino and other under table stuff plus buying up usd at black market rates
Phone Surgeon wrote:What really wrong with washing money tho? Yuh expanding and creating jobs for alot of ppl. If u don't do it, your competition will
pugboy wrote:dont assume the money was not ill gotten,
you might be washing money which was used in very illicit activities which affected your family when you check it outPhone Surgeon wrote:What really wrong with washing money tho? Yuh expanding and creating jobs for alot of ppl. If u don't do it, your competition will
AlphaMan wrote:Are the Chinese more wealthy than the Syrians?
The injuns have all the land too..
Which group is the wealthiest in Trinidad?
Phone Surgeon wrote:pugboy wrote:dont assume the money was not ill gotten,
you might be washing money which was used in very illicit activities which affected your family when you check it outPhone Surgeon wrote:What really wrong with washing money tho? Yuh expanding and creating jobs for alot of ppl. If u don't do it, your competition will
well i talking about washing money from the cocaine trade
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