Select your account type here, complete payment and fill in the online information form.
You''ll receive back your pre-populated contract for printing and signing, with instructions for the next steps.
*Depending on sell prices, currency conversion days and international bank wire transfer. A $15 fee is taken by the brokerage on outgoing international wire transfers.
- Tel Aviv 35 Stock Index (large cap): 9.8% average annual return
- Tel Aviv Small Medium Enterprise 60 Stock Index: 21.2% average annual return
- Tel Aviv 20 Bond Index (large cap, Israeli corporate bonds, inflation protected): 7.2% average annual return
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.
** Jan. 1, 2009 - May 7, 2017
As we are licensed by the Israel Securities Authority, 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.
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.
Once your securities are purchased, they are held centrally at the government-regulated and supervised Tel Aviv Stock Exchange in the investor's name, and not at the brokerage itself.
While Israeli brokerage firms have been operating for many decades, none have ever failed in the history of the nation, and manage hundreds of billions of shekels, having securities in your name at the TASE provides an extra level of security for the investor.