Money Changers in Israel, Are They Safe?

Money Changers in Israel, Are They Safe?

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...
The Upside and Downside of Joining a Buyer Group

The Upside and Downside of Joining a Buyer Group

The following is a true story with perhaps a few embellished facts. Due to client confidentiality the names of the parties involved have been changed or withheld. Mr. Kahana, a successful real estate investor, phoned me excitedly that evening. I had already left the...
Are Currency Forward Contracts For You?

Are Currency Forward Contracts For You?

Changing the Way You Change Your Money – Ever wonder what a currency forward contract is? If not, don’t worry because you aren’t alone. Most people haven’t either but anyone who needs to exchange their foreign currencies should really asess whether it pays to...
A Guide to Navigating the Banks in Israel

A Guide to Navigating the Banks in Israel

Adapting to a new country includes adjusting to that country’s banking system. Since banking is a necessary and regular part of life, it is important to have an understanding of the Israeli banking system prior to moving to or doing business in Israel. Banking in...