Firm Woos Nigerians To Invest In Abu Dhabi Real Estate Sector
WEPHCO Technologies in partnership with Abu Dhabi government has urged Nigerians especially the civil servants to key into Abu Dhabi Real Estate Sector.
Abu Dhabi is a city, known for its ultra-modern architecture, luxury shopping and lively nightlife scene. It is also the capital of the Emirate of Abu Dhabi and the centre of the Abu Dhabi Metropolitan Area. The city of Abu Dhabi is located on an island in the Persian Gulf, off the Central West Coast.
Speaking with journalists at the sidelines of the Abu Dhabi House Extravaganza, NetZero Investment programme held in Abuja, the Founder/ CEO of WEPHCO Technologies, Harvey Wisdom Nwachukwu said what they are introducing in Nigeria is post and pre-retirement investment funding for Nigerians to invest in real estate.
“What we are introducing into Nigeria is post and pre-retirement investment funding and this post and pre-retirement investment funding is an avenue where by Nigerians who are into the civil servants can invest their funds while their still working and after retirement then they can have something to fall back at home. The Post and pre-retirement investment funding is why we are given an avenue for next zero investment.
“Wepco is here to help Nigerians to invest in real estate and other beneficial areas that can enhance their success and as a result of that we are partnering with Abu Dhabi government to bring about this NetZero investment projects which is the Wepco Abu Dhabi House Extravaganza programme which we did today.
“With this Abu Dhabi Extravaganza Housing projects, every civil servant in our communities both post and retired civil servants can find a way of investing their money and get high level of return which come from less than 10-30 per cent return investment.
“As we all know, the Abu Dhabi is a tourist location with 80% tourism and some of the benefits which you will enjoy over there is the stability of the economy, zero percent taxation and other benefits which go with having even residence those areas,” Nwachukwu said.
He stated that with the UAE residence, you can travel to 198 countries in the world while with Nigeria passport you can only travel in six countries in the world, adding that so with the benefits of this you can see that we have empower Nigerians to not only have access to residence and since our constitution gives allowance for us to have other passport attach to us.
According to him, other people can have their money kept in the banks and of you look it is about 13% value but when you invest it in real estate not only as an investment it serve us also as an assets with high returns.
He said, “With the contract which we have signed with the UAE government beneficiaries can have more return in investment which can serve them while they are sleeping at home. We have bring this to serve Nigeria communities and the entire West Africa.
“With the NetZero investment if you are a civil servant you can pay 30% of the project and be able to get mortgage of up to 70% of the project which it more affordable for everybody. So those civil servants who are in cooperative society can afford to buy this property because when you are in cooperative society you can be able to gather money and with this you can have the ability to buy home in some of these estate. It is affordable and our partners are not individual partners and that is why we signed it with the UAE government.”
SOURCE: LEADERSHIP