Its simple:
Select your account type, country of residence and asset class(es) desired here, and complete the online information form.
You''ll receive back your pre-populated contract for signing with instructions for the next steps.

Yes. Your securities can be sold at any time, converted back to your local currency, and withdrawn to your predefined local bank account all within several business days*.

*Depending on brokerage, sell prices, currency conversion days and bank wire transfer duration. A $0-$15 fee is taken by the brokerage on outgoing wire transfers.

That depends on several factors, primarily on the client’s risk profile, investment preferences, length of time invested, and also on market conditions. Having said that, the Israeli stock market has had better returns than the S&P 500 since 2003**.

**As of November 14, 2024. Past performance is not indicative of future results. All investments involve risk, and potential loss of principal. Further, the principle value of an investment will fluctuate; thus any investment when liquidated may be worth more or less than its original cost.

Israel has an international credit rating of A. Israel's  economy has performed exceptionally well, even during the global financial recession of 2008-2009, COVID pandemic in 2020, and global inflation crisis in 2022. For any investment there is a certain level of risk, even if your money is kept in a bank or in a safe at home. The question is how that risk is mitigated while still maintaining solid returns*.

As we are licensed by the Israel Securities Authority, and by securities regulators in the United States, Wise Money Israel works with clients to set clear investment objectives, taking into account the risk appetite (or lack thereof) of each individual client.

*All investments involve risk, and loss of principal. Further, the principle value of an investment will fluctuate; thus any investment when liquidated may be worth more or less than its original cost.

While Israeli investors are taxed upon realizing gains, foreign investors generally are not taxed in the Israeli capital market. This means foreign investors will not pay tax on capital gains on stocks and bonds, and not pay tax on bond interest payments. Both Israeli and foreign investors need not file taxes in Israel.

Foreign investors will likely be required by their home country to report their Israeli investments and pay taxes in your country of residence (just like your local investments).

Foreign investors will be taxed at the source (by the brokerage) for gains from mutual funds and dividend payments on stocks that pay dividends. As Israel has tax treaties with many nations, you should receive a tax credit for taxes paid in Israel in your country of residence, so that you aren't doubly taxed on the same income*.

*This is not a substitute for professional tax advice from a certified accountant. It is the clients sole responsibility to understand their own local tax laws and abide accordingly with or without the assistance of a licensed tax professional.

Wise Money Israel does not hold your investment funds. Rather, your funds will be wired directly from your bank account to the brokerage's bank account. They are then designated to your specific investment account at the brokerage and can then be utilized for purchasing securities in your account as your investment manager decides according to your investment guidelines.

Once your securities are purchased, they are held centrally at the government-regulated and supervised Tel Aviv Stock Exchange.

Israeli brokerage firms have been operating for many decades, and none have ever failed in the history of the nation. They manage hundreds of billions of shekels, but having securities listed at the central TASE provides an extra level of security for the investor.

Current securities regulations do not allow Wise Money Israel to update your Israeli investment account password for you. Please reset your password online once every six months. If you neglect to login to the Meitav Trade’s brokerage’s investment website at least once every six months to view your account, your password will expire and you’ll need to contact the Israeli brokerage directly via phone or email to have your password reset.

If you have an Israeli ID number, logging in and changing your password should take less than 30 seconds of your time.

Click here for step-by-step instructions to change your password at Meitav Trade.