web analytics
May 29, 2015 / 11 Sivan, 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

The author's opinion does not necessarily reflect the opinion of The Jewish Press.

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
What's happened to NYC's Celebrate Israel Parade?
Israel Rejects as ‘False’ UJA Federation’s Claims about Israel Parade ‘Inclusion’
Latest Blogs Stories
Riskin Glick Debate

“Land for Peace is a security issue, not a halachik issue” claimed Rabbi Riskin

Fatah1.jpg

Fatah only agrees to talks with Israel to destroy Israel and strengthen its own corrupt&violent rule

Highway 5

The only places where Arab access may be restricted would be what Americans call “gated communities”

Doug Goldstein

Are natural sources of energy, such as thorium and molten salt, effective alternatives to oil?

HaModia’s list of the new government’s ministers omitted the women ministers’ first names: WHY?

Introducing Obama’s latest 2-state solution…

To friends in America: Wishing someone “Happy Memorial Day” means you don’t understand the holiday.

President Obama believes anti-Semites limit their anti-Semitism to discrimination and organizing, but will always put their survival first!

What motivates a successful leader? Who are the best kinds of people to use as your role model?

The warnings came true: Among the 1000 released terrorists, many returned to terror activity

Torah is to be lived. Rabbi Moshe Levinger was a completely living Torah, the Torah of Eretz Yisrael

“Said Rabbi Yochanan: Happy are those who see the fall of Tadmor…” (Talmud Yerushalmi)

Why has Prime Minister Netanyahu given Erdan & Hanegbi insultingly low-level cabinet appointments?

Without Israel, the Jewish People are scattered nomads lacking Torah’s true national grandeur&power

Will it get better/worse for Bibi or does the wily Bibi know/plan something that will shock us all?

Dr. Vernon Smith, 2002 Economics Nobel Prize winner, on predicting housing markets & economic issues

More Articles from Doug Goldstein, CFP®
Doug Goldstein

Are natural sources of energy, such as thorium and molten salt, effective alternatives to oil?

Doug Goldstein

What motivates a successful leader? Who are the best kinds of people to use as your role model?

Dr. Vernon Smith, 2002 Economics Nobel Prize winner, on predicting housing markets & economic issues

Do the food giants really care about our health? Are consumers now eating healthier food?

Loretta Napoleon discusses what lies behind the growth of global terror-high ideals or money lust?

Does online marketing really work? And how can you build your own online startup company?

Learn why time management is important & how it can help build your business, from Jan Lukacs & Doug

Discover the meaning of financial freedom and if you’ll achieve the standard of living that you want

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: