by Gershon Kayman | Sep 16, 2018 | General
Nowadays it is not uncommon for real estate investors to hold both a domestic and an overseas real estate portfolio. I meet clients all the time who own real estate assets both in Israel and in New York. Often these clients are at a loss as to how to mortgage or...
by Gershon Kayman | May 16, 2016 | General
The process of buying real estate in Israel is not the same as in the United States. Many U.S. residents or expats who buy property in Israel are surprised to learn of these differences only at the last hour of their real estate transaction and often have a hard time...
by Gershon Kayman | Apr 13, 2016 | General
Let’s face it. When it comes to converting your foreign currencies into shekels or vice versa there are many choices out there. Is it best to convert money at the bank? At the post office? With a money changer? At an ATM? Using a foreign credit card or ATM ? Online?...
by Gershon Kayman | Apr 13, 2016 | General
It is not unheard of for people to lose their money to money changers. An Israeli money changer that went out of business several years ago was suspected of misappropriating about $2,000,000 in clients’ funds. This unfortunately is not the first case of its...
by Gershon Kayman | Apr 13, 2016 | General
(Disclaimer: This article only addresses the safety of foreign bank accounts. The reporting requirements and tax ramifications of holding foreign bank accounts are beyond the scope of this article.) Lately, a number of salesmen from foreign banks have been active in...
