Stephanie Synclair, 41, owns her own business and makes $80,000 a year. She lives in Atlanta but made Sicily her home away from home in 2022 when she bought a house there for around $62,000.
This is an installment of CNBC Make It’s Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.
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I Bought A Home In Sicily For $62,000 – Now I Live In Both America & Italy
45 Comments
One of my favorite story in this series yet!!!
No trees
Thank you for sharing. My dream is to immigrate. Your video is part of my research. All the best to you. 💚
Congrats on buying a home in a neighborhood that looks like a 3 rd world country.
She’s seems so sweet and made an amazing decision! ❤️ best of luck to her!
Is it possible to live in Italy full time? I have a friend who planned to move there several years ago in retirement but had to return to the US a few times a year for some weeks bc of Italian regulations. Perhaps that’s different now?
Stay in America. We have enough people coming to Europe. We Don't want anymore.
Props to her but Italy is going down the crapper 💩
I've visited Sicily – curious what part of Sicily you've settled in (by Taormina?) When I visited in 2019, their unemployment rate was about 50%.
Can you live there without being able to speak Italian? What kind of Visa do you need to retire there?
italy for italians. go make a home in africa.
Thank you for sharing this. ❤ I love to see people living the way that works for them.
what is your waist size
Smart and lovely lady! Benvenuta in Italia 🙂
Good to see some African American person being financially educated and well off. We need such discipline and education among black americans.
This should be everyone’s goal… living in USA is best if you live in part time and live some place else. Split your living time. Quality of life is better outside of USA.. Only the impoverished dreams to live in USA
I don't get why these folks don't go live in their ancestral homeland honestly..
I love this for her ❤❤❤ amazing
I'm so glad to hear this nice person (smart too) talk so good about Italians. Wish her much happiness.
No one ever praises us.
I never understood that and we are inventors of the world too. Our contributions are monumental.
I love being Italian
100% 🇮🇹🇺🇲
She misses the point Italy is part of the EU, demographics are changing, kids are leaving and it's in deflation like Greece. So she needs to factor in all of that. Next few years may get ugly as NATO commitments increase taxes and Italian Government pays for ageing population. Good try though.
The Sicilian peasants love rich Americans buying up their property. Yeah, they sure do love those rich Americans.
4:51 Nope!
No privacy and it looks ghetto.
To each his own though ✌🏾
All u can eat pasta bar. ….
I mean… they could have gone to a more "authentic" local market than Carrefour, but that actually is where the locals shop.
Good luck with taxes, burocracy, corruption, sicilian's code of silence, political ignorance…Just few ones I can think of. The list is long
Italy does not want the woke mind virus
We just spent 5 weeks in Italy and Portugal. We rented an apartment each week and bought groceries. Of all things on our trip groceries were equal or more expensive than in the US. I'd say the locals there buy 2 or 3 days worth of food per visit whereas we buy food for a week or more. We never saw milk bigger than a liter. Restaurants, bakeries, cafes, lodging, Uber and the sights were quite a bit less though, probably close to half if you get away from the tourist areas.
If you make $80k, after taxes, even expensing 50% of it, factoring in plane fare for you and your son, the math doesn't add up.
Yeah, there's something going on here besides what's in the video. Like how can she retire in Italy as an American without Italian citizenship? You can visit and invest of course, but to live there year round is different. And she's definitely making more than $80k to have all those expenses and still be a millionaire at 41.
You make all your money in America but spend it all in Italy.
We are a 6 figure income couple and had very little saved and not much cash lying around the preverbal".
'…don't have $500 for an
emergency" that was us. The big thing was debt all kinds of it, cars mortgage (although our home isn't a high price one), student loans for our kids, and of course credit cards.
One day we just got sick of being broke and went total scorched earth and became frugal overnight. Paid it all off, it took almost 5 years but now we have no debt and this year our savings rate is 50% on basically the same income that had us perpetually broke. So for us it is mainly staying out of debt and watching our spending, at first it was a real effort to save in our HISA and 401Ks but now it's actually fun watching our money grow. No car or vacation or neighborhood is worth being broke or financially unstable.
We’ll see how this continues when the U.S. dollar collapses.
Please Americans don't move to Italy. Leave us alone
Please stop saying gracias to Italian people. Really. That's Spanish.
Also prices feel low because you come with American dollars. That's not cheap for the average wages in Sicily especially. Glad she's enjoying Sicily tho.
This woman's smile lights up a room. So lovely
Much healthier food in Italy.
Well done!
Sicily is awful 🤣in fact, the whole of Southern Italy is a disaster…the further North you go, the more it changes. We had a vacation home in Florence but we sold it and bought another one near Bologna, it's paradise 👍
MOMMY MAMMERIES 🤤🥛🍼💛
🤣🤣🤣👏🏿👏🏿👏🏿🙌🏿🙏🏿🙌🏿🤗🥰
*Timothy Ward channel sent us to YOU🥰🤗 …From His
FREEDOM…
*."Ancestors"🙏🏿❤️🙏🏿
Video 🤗
Blessings 🙏🏿 From Brooklyn NY 🙏🏿
🫂🙏🏿🫂
I don't want to eat lunch at noon either! 🙂
Colonizer we don’t need you
It is true Italian people are the nicest people i have ever met.
now you're hungry on the hour
If you don’t see 5G towers around, you’ve made a very smart move.