web analytics
April 19, 2015 / 30 Nisan, 5775
At a Glance
Blogs
Sponsored Post


The Five-Point Plan for Making Aliya

Douglas Goldstein presents a five-point plan to make your aliyah dream a reality.

Goldstein 485x300

Are you thinking of making aliya?

It’s a big decision, and I can understand your hesitation to board the next Nefesh B’Nefesh flight.  However, with proper planning, most “unsurmountable” problems can be solved.

If you follow the five-point plan below, you may find that your aliyah dream can actually become a reality.

1. Create a target deadline. Let’s say that you want to make aliya in two years. Now, write it down on your calendar and tell all your friends and relatives when the good-bye party will be. Even if this date changes, having a target date adds an air of resolve to your decision that makes it far less vague than “one of these days, I’d like to move to Israel.”

2.  Create a work plan. In the internet age, you might find that you can telecommute, working for your current employer via Skype and email and making the occasional trip abroad. Perhaps your company has an Israeli branch that would employ you. Alternatively, do you want to start your own business when you move, or make a complete career change? Find out what Israel’s tax laws are in all of these situations and others that may arise.

3.  Think ahead. Are you planning on retiring to Israel? If so, what should you do about your pensions? You may be pleased to know that your social security payments can go directly into your U.S. brokerage account which you can then easily access from Israel. Some folks even have their social security payments deposited directly into their Israeli bank accounts… in shekels, no less!

4. Consider which assets you may leave in the United States and what you might transfer to Israel with you. This is a subject that I have written about previously.

5. My Book. Email me at doug@profile-financial.com for a coupon code to buy my book Building Wealth in Israel at a special discount for the readers of this blog. This book contains detailed explanations of the options that are open to people who are planning on making aliya so that they can continue to manage their finances well while living in Israel.

About the Author: Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm located in Jerusalem. He specializes in working with clients who live outside of the United States and want to maintain a U.S. brokerage account. Doug’s newest book, co-authored with Susan Polgar, about how using chess strategies to improve your finances, Rich As A King can be purchased at www.richasaking.com. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Contact at doug@profile-financial.com


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

One Response to “The Five-Point Plan for Making Aliya”

Comments are closed.

Current Top Story
Said Arikat, al-Quds Washington, D.C. reporter. Jan. 29, 2015
More PA Lobbying from the State Dept Briefing Room
Latest Blogs Stories

An Israeli TV show about Holocaust Day asserted the Holocaust is/was a European not Jewish tragedy

Former Secretary of State and First Lady Hillary Clinton. (archive)

“I am 100% convinced that she is not in any way anti-Semitic. She is in fact a philo-Semite”

Doug Goldstein

Poverty has become a thriving business; Learn how the payday loan has affected many US households

Prime Minister Benjamin Netanyahu and President Ruby Rivlin

Pressure by Pres. Rivlin for a monstrous “national unity government” has made things worse for Bibi

How do money managers take care of your money? And have you ever heard of “socially responsible” investing?

In the memory of loved ones, I commit to continue the fight for our survival in their blessed memory

The US Consulate in Israel should have people helping US citizens on various tax & benefits issues

This whole Arab Palestinian myth was concocted to prevent a viable Jewish state.

Teaching integrity is allowing family, friends, and associates see the business of living your life.

Chumros-YES! But when it comes to the Chilul HaShem described in the article they couldn’t care less

Yarmouk is the opportunity for “Pro-Palestinian” groups to prove they aren’t just anti-Israel.

Why are employers reluctant to hire Charedim? Legitimate concerns or plain old fashioned prejudice?

Obama’s policies are endangering world peace. This isn’t just an “Israel problem.”

What are common market risks and how do they affect your investments?

Regavim is an NGO whose mandate is to preserve the land of Israel for the State & the Jewish people

The “elephant in the room” is concern a deadlock pressures Bibi to forge a National Unity Government

More Articles from Doug Goldstein, CFP®
Doug Goldstein

Poverty has become a thriving business; Learn how the payday loan has affected many US households

Doug Goldstein

How do money managers take care of your money? And have you ever heard of “socially responsible” investing?

What are common market risks and how do they affect your investments?

Laura Adams, author of Money Girl’s Smart Moves to Grow Rich, managing your money more effectively

Why do you need to file an FBAR if you’re a US citizen abroad? What happens if you don’t?

Why do people feel the need to check their email 50X a day, constantly dipping in & out of Facebook?

How can you turn your passion into your business? How can you build your business around your life?

Find out about peak oil and how the production & sale of cheap oil has affected other oil sources

Printed from: http://www.jewishpress.com/blogs/goldstein-on-gelt/the-five-point-plan-for-making-aliya/2012/12/27/

Scan this QR code to visit this page online: