to be used for any question within the geographical region of Israel.

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6
votes
4answers
698 views

How to incentivize a real-estate broker to find me a cheap house

I am looking for a house to buy. Most real-estate brokers that I know of represent the sellers. This means that they get a certain percentage of the selling price. This means that they have an ...
2
votes
2answers
52 views

What exchange rate does El Al use when converting final payment amount to shekels?

When buying a ticket online from El Al in Israel, the fares are quoted in USD, but the final payment screen allows you to choose whether to pay in USD or ILS. At the bottom of the page is the ...
3
votes
1answer
200 views

Do you need to pay taxes on cash poker games?

My father is a poker player and only plays cash games, that is poker games where you only play with you own money (vs tournament where you pay a fixed fee and can win up to millions). We currently ...
0
votes
1answer
43 views

How to create joint foreign currency account in Israel between US/Israeli citizens

I live in the U.S. (American citizen) and my son in Israel (Israeli citizen). I want to know if it's possible to open a joint foreign currency account which would permit me to lend him money and ...
4
votes
4answers
335 views

The hotel manager took a photo copy of my debit card. Do I have a reason to be worried?

Last week I visited Turkey. I came to a hotel my traveling agent has reserved a month before, but the reception officer didn't let me in because he said my voucher was cancelled. After an hour of ...
2
votes
1answer
191 views

Maternity payments taxable income?

Paid maternity leave in my country of residence is paid by the government as a social security insurance benefit, rather than by the employer. Is it treated as taxable income on my US return? Edit: ...
0
votes
0answers
52 views

Transfering Funds from Israel to US [duplicate]

I live in Israel and I would like to know what are some of the cheapest options for me to transfer money into my US bank account from my Israel Bank account (in Hapoalim). I would be transferring ...
1
vote
2answers
832 views

Most Efficient Way to Transfer Money from Israel to the USA?

I am considering relocating back the USA and am looking for an efficient means to transfer our savings to a US bank. From my initial research the simple answer seems to be wire transfer for large ...
0
votes
1answer
176 views

Money transfer from US to Israel

My boyfriend from Israel was planning on moving to the states to live with me. He brought about $10,000 here last time he came. He is now back in Israel and we decided he was not going to move here. ...
2
votes
1answer
170 views

Is a Scan of my receipts enough for my accountant?

Is a Scan of my receipts enough for my accountant in order to state my expenses for tax refunds? Or does my accountant need the total-100%-original-paper-receipt? Are there any laws about that in ...
2
votes
1answer
344 views

Can I open an investment account in the US for my US citizen sister living abroad?

Here's my issue. I have a sister that lives in Israel. She is a US citizen, and holds a US passport, and is also a citizen of Israel. 20+ years ago, they opened a Cash Management Account (CMA) in ...
3
votes
4answers
769 views

Automatically splitting payments between people

My girlfriend and I have decided that we want to split expenses 50/50 (or whatever ratio). Currently, we alternate payment, but that means that we have to remember who paid last time, how much, etc. ...
6
votes
1answer
2k views

As a beginner investor, should I start investing with mutual funds through my bank, or with an online broker?

I would like to give my first try in investing. So far, I found many useful materials to start with on the forum, so now I need some practice. For me there are two options to start investing. ...
0
votes
4answers
1k views

How can my friend in the U.K. cheaply transfer money to me in Israel?

I have a friend who owe me ~600 GB pounds. I have asked him to pay me in USD. What is the cheapest way to transfer the money from UK to Israel? I have checked PayPal - 3.5% commission for ...
-3
votes
1answer
957 views

How can I create a debit card online outside of the US?

How can I create a debit card online outside of the US? There are no convenient ways to create a debit card in my area. I want to buy some stuff online and I'm afraid for my credit card security. I ...
2
votes
1answer
703 views

How To Transfer Money Online So The Other Person In Another Country Receives It In Cash?

We all are familiar with famous international money transfer service - Western Union. Most use their locally available branches in their country to send money so the other person receives money in ...
1
vote
1answer
666 views

How to calculate lump sum required to generate desired monthly income?

Suppose my monthly expenses are $500. I want to ask a charity foundation to finance my scientific research by one-time payment intended to cover all my monthly expenses during my lifetime. How to ...
11
votes
3answers
784 views

When and how should I pay taxes on ForEx trades?

I am an Israeli citizen. I've bought BitCoin (let us agree for sake of discussion it is a currency) using US dollars. Let's also assume I never convert the bitcoins to any other currency (but instead ...
10
votes
6answers
426 views

How do I find an ideal single fund to invest all my money in?

Suppose I wanted to follow the advice on this blog post: An ideal bal­anced port­fo­lio would be a sin­gle fund. This forces you to look at your invest­ments as one big bucket, ...
3
votes
1answer
79 views

What's a cost effective way to invest in foreign stocks/funds in Israel?

I would like to diversify, and not have all my investments tied to the NIS, and so I would like to purchase some foreign index funds. I just checked with my bank, and if I understood them correctly, ...
2
votes
1answer
464 views

How to decide on limits when purchasing/selling stocks?

Situation: I've just inherited X$, which I'd like to invest in my favorite stock. I got the money right now in my checking account, every day that passes without it being invested is a waste. Also, ...