Financial education for new immigrants to Israel. Taxes, banking, pension, benefits, and more -- all in English.
Learning Paths
Your First Year in Israel
From opening a bank account to understanding your benefits
5 modules · 21 articles
Israeli Taxes for Olim
Navigate the tax system, exemptions, and dual filing
5 modules · 15 articles
Building Wealth in Israel
Pension, Keren Hishtalmut, investments, and long-term planning
5 modules · 15 articles
Working in Israel
Payslips, employee rights, self-employment, and remote work
5 modules · 14 articles
Real Estate & Mortgage for Olim
Renting, buying, mortgage benefits, and property taxes
5 modules · 14 articles
Pre-Aliyah Financial Planning
What to do before you move -- accounts, transfers, timing
5 modules · 13 articles
Tools for Olim
Calculators
Sal Klita Optimizer
Calculate your total Sal Klita payments by family status, optimize timing, and plan your first-year budget.
Olim Tax Calculator
Estimate your Israeli income tax with olim credit points, the 10-year exemption, and treaty benefits.
Afford Aliyah Planner
Calculate how much you need saved before Aliyah based on your expected income gap and cost of living.
Payslip Decoder
Enter your gross salary and see a full breakdown of deductions, contributions, and net pay.
Pension Comparison Tool
Compare your home-country retirement accounts (401k, IRA, SIPP) with Israeli pension vehicles — Keren Pensia and Keren Hishtalmut — and see projected values at retirement.
Hebrew Cheat Sheets
Banking Hebrew Cheat Sheet
Essential Hebrew banking vocabulary for navigating Israeli banks, ATMs, and online banking.
14 terms
Payslip Decoded Cheat Sheet
Understand every line on your Israeli payslip, from gross salary to net take-home pay.
12 terms
Pension & Savings Cheat Sheet
Israeli retirement and savings vehicles explained, from pension funds to Keren Hishtalmut.
13 terms
Tax Terms Cheat Sheet
Key Israeli tax terminology for understanding your tax obligations, credits, and filings.
12 terms
Insurance & Benefits Cheat Sheet
Health insurance, Bituach Leumi, and government benefits available to olim in Israel.
12 terms
Real Estate Cheat Sheet
Hebrew real estate terms for renting, buying, and understanding property costs in Israel.
13 terms
Frequently Asked Questions
Yes, and you should. Keeping a foreign bank account makes it easier to manage overseas income, pay bills in your origin country, and transfer money at favorable rates. Some US banks may close accounts of non-residents, so inform your bank proactively.
Learn more →Most major banks offer special Oleh packages with fee waivers for the first 1-2 years. Bank Hapoalim, Leumi, and Discount are the largest. Compare their Oleh packages, English-speaking staff availability, and app language support before choosing.
Learn more →Hora'at Keva (standing order) is Israel's version of direct debit. Almost every service provider, from Arnona to internet, requires one. You authorize the company to withdraw a set amount from your bank account on a fixed date each month.
Learn more →Israeli credit cards let you split almost any purchase into interest-free monthly installments (Tashlumim). When paying, the terminal asks how many payments you want. This is normal and widely used, not a sign of financial trouble.
Learn more →New olim are exempt from Israeli tax on foreign-sourced income for 10 years from their Aliyah date. This covers dividends, interest, rental income, and capital gains from assets held before Aliyah. Note: the 2026 reform introduces new reporting requirements.
Learn more →
