Smart Move Italy
Smart Move Italy
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Why You're Losing Money Moving to Italy! Currency Exchange Secrets You Need to Know.
The forgotten way to save money on your move and life in Italy. In this episode of "A New Life in Italy," I dived into the crucial topic of budgeting and how currency fluctuations can make a major impact on your cash flow.
Together with my special guest Rachel Canales from GC Partners, we explore how smart financial planning, particularly in handling the shift from your home currency to the euro, can significantly impact your budget.
I discuss the differenced between online banks and Italian banks, and how you can bridge the gap between arrival and settling in.
Are you ready to start saving money? Let's get started!
00:00 Introduction to Currency Exchange
01:55 Planning for Currency Exchange
07:02 Online Banks and Currency Exchange Companies
14:54 Interview with Rachel Canales from GC Partners
39:00 Listener Questions
40:07 What is the average commission rate for long-term rentals in Italy?
42:03 Can American credit cards be used in Italy after moving?
43:42 How long does it typically take to amend name discrepancies in Italian paperwork?
45:28 Closing Remarks and Credits
Resources:
Wise Online Bank (wise.com/)
N26 Online Bank (n26.com/en-it)
GC Partners (contact.gcpartners.co/6681) (open a free account)
If you have any questions about moving to Italy, feel free to send us a voicemail (www.speakpipe.com/movetoitaly) ! Thanks for listening, and ciao for now!
Mentioned in this episode:
Sentire Media Website (a-new-life-in-italy.captivate.fm/sentiremedia-com)
Sentire Media Website (a-new-life-in-italy.captivate.fm/sentiremedia-com)
zhlédnutí: 226

Video

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Komentáře

  • @hronngumundsdottir1935
    @hronngumundsdottir1935 Před 18 minutami

    The banner and all that text ruined me wanting to sarah your film 😳 I will look for info elsewhere

  • @debbiebodette3486
    @debbiebodette3486 Před 49 minutami

    Thank you for this. I am your fellow Canadian and I’m going to open a Wise account now, start and watch for the rate to go down. It’s really sad right now.

  • @Joyabulthuis
    @Joyabulthuis Před 59 minutami

    I love Arezzo! I am a dutch woman living in Sardinia, but also love Tuscany and sometimes go there. Would love to get in contact with Sandi, how can I do that?

  • @150metri
    @150metri Před 2 hodinami

    Is the narrator the guy travelling south of Italy looking for a house? I love his videos…what is his channel? I cannot remember it right now…

  • @BA-ji4kq
    @BA-ji4kq Před 2 hodinami

    Thank you so much for the valuable information

  • @patriciaanzelc5386
    @patriciaanzelc5386 Před 3 hodinami

    I admire this type of person but it would never be my choice. I love the USA, problems and all. Italy for me is a nice place to visit but I would never leave my country for good.

  • @josephfulciniti314
    @josephfulciniti314 Před 3 hodinami

    Excellent video, this information is so helpful for us, thank you very much…don’t worry about your or you’re we all know what you meant, it’s the info that’s important…..Ciao

  • @dek1518
    @dek1518 Před 5 hodinami

    This title is killing my brain! Should state “why you’re losing money” 🤣 how embarrassing

  • @KianMaz
    @KianMaz Před 7 hodinami

    Slow down and live life....love italian people....

  • @infini.tesimo
    @infini.tesimo Před 8 hodinami

    I genuinely want to know more about the grandfather's story with his granddaughter. While it's cool and wonderful that she gets to experience something many won't in their entire life and the grandfather can financially take care of this on his retirement slush fund, I fear that I get the impression that she's there because something bad happened with the parents in one way or another and want the entire picture there.

  • @nespolinho
    @nespolinho Před 11 hodinami

    6:53 oh look at that, my town

  • @sandragruhle6288
    @sandragruhle6288 Před 15 hodinami

    She made lots of sense. Thank you. I think, however, I may have gone past my “Use by” date. 🤭😗😖

  • @tedanderson5528
    @tedanderson5528 Před 21 hodinou

    Tons of houses for free in Italy…

  • @a.l.duncan6201
    @a.l.duncan6201 Před dnem

    Thank you so much. Very informative.

  • @ninez2698
    @ninez2698 Před dnem

    Of course, if you have a terrific pension or a stream of retirement income, you can move to anywhere for a better life. Money can buy anything!

  • @michellenelson575
    @michellenelson575 Před dnem

    All these people are so lovely and real. I’ll come back to watch this again and again for inspiration until I can move to Italy in 5 years

  • @askme2985
    @askme2985 Před dnem

    The Italian government should make an incentive for those of Italian blood from across the world to come back to the land their people left. I'm not big on outsiders that have zero connection to the country coming in. Being Italian is in the blood. My family is from Sicily. Even if I were to move to China, I'd never be ethnically Chinese. Without actual Italians, the country of Italy doesn't exist.

  • @BA-ji4kq
    @BA-ji4kq Před dnem

    Hi Sam. What happens if you have a British passport?

  • @karlakh
    @karlakh Před dnem

    This is a well made video - except not all of us need a visa.

  • @cristinad4835
    @cristinad4835 Před dnem

    Did you ask the Italians if they want people's form other countries in theyr country???

    • @lupebutterfly9161
      @lupebutterfly9161 Před 19 hodinami

      Rude! Sono sicura che scrivi meglio in italiano. La signora e molto chi parliamo l'italiano.

  • @daneurope9167
    @daneurope9167 Před dnem

    any country is better when you can earn a lot..but its not going to happen in italy..low wages ,jobs are scares..any call on the utility man will cost you a fortune..you cannot DIY your house outside or the police will stop or give you a penalty..

  • @carinwiseman4309
    @carinwiseman4309 Před dnem

    Info, but not exactly typical. She has visited her whole life and already speaks Italian, plus she has a prestigious and lucrative profession.

  • @gardenjoy5223
    @gardenjoy5223 Před dnem

    From Canada to Italy? It's like moving from a cool spring day to a hot oven summer. Italy might simply be too hot for you. It is too hot for me. I get ill in such temperatures in the summer. So I would have to stay indoors for a few months. Take this into account, when moving to another country: does the climate fit me? Also the older you get, the more temperate a climate might suit you.

  • @Gualtiero904
    @Gualtiero904 Před dnem

    Il Signore dà la vita eterna, e questo viene di Gesù il Cristo! La nostra fede è in Lui solo! Viva Italia e adora il Signore Gesù ❤🇮🇹

    • @giancarlobonini7865
      @giancarlobonini7865 Před 14 hodinami

      Per fortuna sono Ateo , a sentire certi deliri fa venire il voltastomaco

  • @Jen4711
    @Jen4711 Před dnem

    Correction? From what I read, and this is new so who knows, there are two scenarios: a) The EU/Italian is already living in Italy, and the non-Eu is moving there. Then the D visa is required. b) Both the EU/Italian and Non-EU are moving together to Italy. Then the D visa is NOT required. Someone confirm please

  • @muddymarine
    @muddymarine Před 2 dny

    My wife and I lived in Verona in the early 60’s for 3 years when our dad’s were stationed there in the early 60’s. We have returned over the years and always make it a point to visit Verona and the surrounding area. Like Sandi we always experience the feeling like we are too are coming home. That we too belong are meant to be here and so enjoy the lifestyle and happiness.

  • @HarmonyGraceElohim
    @HarmonyGraceElohim Před 2 dny

    Lucky guys. I dream of moving back to Europe, Italy or Scotland.

  • @catheline51
    @catheline51 Před 2 dny

    Yes, beautiful in every regard. But navigating Italian bureaucracy to get anything done would be a shock to most Americans. Moving to any foreign country: remember, you'll always be an outsider.

  • @vaccaphd
    @vaccaphd Před 2 dny

    Dont forget to pay taxes to Uncle Sam.

  • @user-mt4xe6zg1e
    @user-mt4xe6zg1e Před 2 dny

    I am so happy for you guys but so,so jealous!

  • @niakoch9390
    @niakoch9390 Před 2 dny

    I feel, Tuscany is completely overrated. The only place nice to live is northern Italy, Alta Badia. But Europe has so many beautiful places. I would choose France.

  • @happytraveller8953
    @happytraveller8953 Před 3 dny

    While I love to hear success stories of folks who have made moves similar to these, I would appreciate getting real information about what it takes to file paperwork and to know if you even qualify for moving. So many countries have entrance requirements and most folks can't just up and move. There is a HUGE financial cost involved and not everyone is a former pharmacist that has a big 401K to draw from. Many European countries have a point/immigration scheme that you must meet or you don't even get your foot in the door. I just wish videos like this were a bit more informative of that part of the relocation process. That said, I am glad she was able to achieve her goal; buona fortuna!!!

    • @smartmoveitaly
      @smartmoveitaly Před 2 dny

      Thanks for sharing! Sandi moved to Italy with the Elective Residency Visa. You can learn about the requitements here and see our services as well smartmoveitaly.com/ervassistance . Our founder has a podcast that covers many aspects of the move, we'll link here www.sentiremedia.com/show/anewlifeinitaly/ . Our main FB group also discusses these procedures/experiences facebook.com/groups/howtomovetoitaly

    • @clorindaperry7900
      @clorindaperry7900 Před dnem

      Wonder how much race plays a role on being accepted or not?

  • @Muhamedim
    @Muhamedim Před 3 dny

    What is apostille?? Thanks

    • @smartmoveitaly
      @smartmoveitaly Před 2 dny

      Good question. It's a certificate that authenticates the origin/signature of a public document. It's required by many foreign goverments/processes, such as Italian citizenship cases.

    • @Muhamedim
      @Muhamedim Před 2 dny

      @@smartmoveitaly thanks

  • @danutabojanczyk3679

    How do you communicate in Italy, do many people speak English ?

    • @smartmoveitaly
      @smartmoveitaly Před 2 dny

      It's most common finding English/bilingual speakers in cities due to tourism. Here's a podcast episode our founder put together that we think you'll enjoy, www.sentiremedia.com/show/anewlifeinitaly/la-dolce-lingua-boosting-confidence-in-your-language-journey/

  • @idharudhar5985
    @idharudhar5985 Před 3 dny

    The lady keeps it real and that's what made the interview so good. I wish her all the happiness and good health.

  • @rich-ard-style6996
    @rich-ard-style6996 Před 3 dny

    And now the housing are getting sky rocket high in Italy too? And the Italians cannot afford a house in their own country? The realtor industry is terrible world wide and extremely unfair for the "normal" income people. These are questions not statement I make here. In Germany it had happened on some Islands and on many other places in the world. .

  • @myrealtorphil
    @myrealtorphil Před 3 dny

    Love it ❤….

  • @patma2929
    @patma2929 Před 3 dny

    L’ anno scorso ho ospitato un tuo compatriota Hubert dal Quebec (fortunatamente parlava francese) stava percorrendo la via Francigena a piedi sotto un brutto temporale e mi ha chiesto ospitalità .si è fermato da noi un paio di giornie poi è ripartito per Roma.dopo qualche settimana ho ricevuto un pacchetto che conteneva sciroppo d acero .Siamo ancora in contatto e lo aspetto ad agosto per qualche giorno di vacanza con la sua famiglia.chissà che non decida di trasferirsi anche lui

  • @sandysimmer1279
    @sandysimmer1279 Před 3 dny

    Wow, I wish the process was like that to move to America! Non citizens would have to obtain a place here and have income and apply to live here. We most likely would not have the problems we have now.

  • @t.t.margaux3600
    @t.t.margaux3600 Před 3 dny

    Thanks for this inspiring interview! It gives me strength and confidence . Will turn 65 this year, have bought a property in Romania. Already made friends, go the the local bar at the “Ursus” our to socialize 😂

    • @smartmoveitaly
      @smartmoveitaly Před 2 dny

      Our pleasure! Thanks for sharing and congrats on your new property!

  • @carmenpdl8918
    @carmenpdl8918 Před 3 dny

    Italy is not only Tuscany . Tuscany is more expensive than a lot of other regions. If you skip classic Tuscany and go to live in the Provincia di Grosseto or in the Provincia di Viterbo in the North of the Lazio region Life is cheaper

    • @smartmoveitaly
      @smartmoveitaly Před 2 dny

      We'll be sharing more regions in the future. Thanks for the suggestions 📌

  • @AZ-le3zy
    @AZ-le3zy Před 3 dny

    I loved the story of the grandfather and his granddaughter. I wish you two the very best!

  • @butterflygirl3359
    @butterflygirl3359 Před 3 dny

    I loved visiting Italy but low water pressure, teeny tiny cars and air conditioning that is well, not cold made it a nice vacation destination but not somewhere I would want to live.

  • @Stopit77
    @Stopit77 Před 3 dny

    This interview could have been 15 minutes

  • @marissamorales5497
    @marissamorales5497 Před 3 dny

    Italian relatives say one can not buy a property in Italy in cash is this true by your experience? If you bought the house through a bank loan what document was needed to show job security.

  • @Gisforgoomba
    @Gisforgoomba Před 4 dny

    You have too have money to move to Tuscany . I know peoples that feel in love with Naples and never looked back at America .

  • @marcocardona8911
    @marcocardona8911 Před 4 dny

    Such a beautiful story! Glad you made the move! Welcome! :)

  • @flowerfairy1950
    @flowerfairy1950 Před 4 dny

    We are Australian Aged Pensioners in our 70s and recently investigated retiring to Italy BUT despite having enough to buy a modest home with savings but apparently our Aged Pension is not enough income to satisfy Italy"s income requirement 😿 might have to book two places in a dinghy.

    • @lorrainenoneofyourbusiness
      @lorrainenoneofyourbusiness Před dnem

      If you have grandparents who are Irish you could apply for an Irish passport and then you would have no problems. Good luck.

  • @keytolearningitalian

    Such an amazing story😊

  • @vvdelgado17
    @vvdelgado17 Před 4 dny

    Hello! Can you please tell me what the process would be if you had dual citizenship for US & Mexico ? Would the process be easier if someone were to apply with Mexican citizenship?

    • @smartmoveitaly
      @smartmoveitaly Před 2 dny

      Ciao! Without European citizenship, you'll need a visa. Here's a link to our free guide and services smartmoveitaly.com/visa22