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Foreigners Exempt from Israeli Tax

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What are the tax ramifications of investing in Israeli stocks and bonds? In this article, we’ll explore the ins and outs of taxation on capital gains, dividends and interest for foreign investors and for Israelis. As with any capital market investing, there are different types of income resulting from your …

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Forbes Best Investment Ideas For 2012: Israel

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Prestigious financial magazine Forbes last week detailed contributing editor George Gilder’s best investment ideas for 2012, which focus on Israeli technology companies. Among his picks are leading Israeli semiconductor manufacturers EZChip, Broadcom, TowerJazz and Mellanox, biotech company Evogene and drug-discovery company Compugen. He notes EZChip’s leading fiberspeed video internet paradigm, and reports …

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S&P Believes in Israel: Upgrades to A+

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Recently, the leading international rating agency Standard & Poor’s upgraded Israel’s credit rating by one notch, to A+. According government sources, the rating action reflects S&P view of Israel’s improved economic policy flexibility as a result of strong growth and careful macroeconomic management. The rating service raised its long-term foreign currency …

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Interest Rate Hits 2.75%: High Among Peers

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The Bank of Israel monetary committee cut Israel’s interest rate for December by 25 basis points to 2.75%, after leaving it unchanged last month and cutting it by 25 basis points for October. The Bank of Israel, led by internationally-acclaimed American-Israeli Governor Stanley Fischer, believes that the interest rate cut, together …

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Stocks Falter, Bonds Stable: Market Update

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Stock indexes on both the Tel Aviv Stock Exchange and Wall Street took a considerable beating in the July-November timeframe. The Tel Aviv 25 index fell 12% compared to the S&P 500 in the U.S., which dropped 8%. In contrast to stocks’ decline, the Tel Aviv 20 Bond Index stayed …