Nana Yaw Poku, the CEO of Data Tran Electrical Limited, is a returning guest on SVTV Africa’s Daily Hustle Worldwide show with DJ Nyaami.
In his latest interview, he shared valuable advice for Ghanaians living abroad, particularly those without (Nkrataa).
Nana Poku began by expressing gratitude to those who reached out to him after his previous interview.
He emphasized the importance of financial planning for undocumented migrants, advising them to open diaspora bank accounts in Ghana.
According to him, opening such accounts ensures financial security in case of deportation. Unlike local accounts, diaspora accounts do not require a Ghana Card—only a valid identification document.
“Do not hide your money under carpets or give it to family members. If you get deported, you might lose everything. Instead, open a Cedi account with foreign currency options and get a debit card. That way, even if you are arrested, you can still access your money.”
He warned against investing in property in Ghana without legal residency abroad.
“If you don’t have Nkrataa, don’t build a house. You never know when you might be deported. Rent a place for your parents instead and focus on securing your residency.” He also discouraged undocumented migrants from starting businesses in Ghana, as their absence could lead to mismanagement and financial losses.
Nana Poku encouraged Ghanaians abroad to invest in stocks and shares rather than sending all their money home.
“You can invest in MTN shares, Tesla, Apple, or Trading 212X. These pay dividends and ensure financial stability. If you are financially secure, it doesn’t matter where you live.”
He stressed that some people in Ghana are financially stable and have no interest in moving abroad.
“Some people in Ghana won’t come to Abrokyire (abroad) because they are comfortable. Wealth isn’t about location—it’s about financial intelligence.”
Nana Poku criticized the tendency of Ghanaians abroad to create false impressions when visiting home.
“People see you in Ghana and assume you are rich, but many take years to plan a single trip. We send the wrong message when we show off.” He shared a cautionary tale of a man who sold his taxi and trotro to move to the UK, only to regret it.
He also highlighted that some Ghanaian women working in Kantamanto (a major market in Accra) hold visas but choose to remain in Ghana because they understand the value of their earnings.
Poku concluded that there is more money in Ghana than abroad, but success depends on wise financial decisions.
“Some people have met wealthy individuals who gave them money, yet they have nothing to show for it. Managing money wisely is the key to long-term success.”
Though he aspires to move back to Ghana, he admitted he is not yet financially ready. His final message was clear:
“Wherever you are, plan wisely, invest smartly, and secure your financial future.”
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