A US citizen who is a resident of Israel (with the assumption that the Israeli resident is not in the 10 year exemption period) who sells US corporate stock will pay the first right of tax to Israel on the capital gain (generally the sales price less the original cost).
Should your investments really stay in your home country? Will your move to Israel impact them, and what changes do you need to consider as you make the transition to a new country with new financial systems and investment considerations?
Most people cringe when they hear the word “tax,” but possessing the knowledge to navigate the system is key – especially in Israel. This article will outline and explain the more common aspects of taxes people encounter when buying a property in Israel.
Gadi Last is licensed in Israel as an Investment, Insurance and Pensions Broker, and has over 15 years’ worth of experience in assisting people with their financial and investment needs in Israel and overseas. His work focuses on helping English-speaking Olim make effective and efficient decisions when it comes to their (insurance,) pensions and investments, and specializes on helping US-citizens to save and invest in Israel