Sep 29, 2026 · 7 min · 8 segments
Moving to Israel is exciting, but your money needs to make the move with you. From opening an Israeli bank account and avoiding cash-flow headaches to managing U.S. investments and the realities of a…
Douglas GoldsteinHostA new Ola from America recently reached out to me for some advice about making Aliyah.
In fact, she had contacted me about six months before she arrived in Israel.
We had already helped her set up her new US brokerage and IRA accounts, and her investments were all in place.
But, like most people making aliyah, she still had some very specific questions.
I answered her, and afterward I thought, you know, these answers could actually be useful for a lot of people making aliyah.
So let's talk about some of the things you really want to think about before and after you make the move.
Running a household is a little bit like the blood flowing through your body.
So what can you do to keep that cash flowing? The first thing you'll need is an Israeli bank account.
Even if you're transferring money from an account in your name in America to an account in your name in Israel, that doesn't necessarily make the process simple.
We've seen situations where Israeli banks took several weeks before crediting a client's account with wired funds.
Several weeks! Depending on the bank and the transfer, you may be asked for documentation showing the source of the funds.
That could include account statements, tax documents, letters from an accountant, or other supporting paperwork.
Because if you're depending on that money for your everyday expenses, a delay of several weeks can create a pretty serious cash flow headache.
A new Ola from America recently reached out to me for some advice about making Aliyah.
In fact, she had contacted me about six months before she arrived in Israel.
We had already helped her set up her new US brokerage and IRA accounts, and her investments were all in place.
But, like most people making aliyah, she still had some very specific questions.
I answered her, and afterward I thought, you know, these answers could actually be useful for a lot of people making aliyah.
So let's talk about some of the things you really want to think about before and after you make the move.
Running a household is a little bit like the blood flowing through your body.
So what can you do to keep that cash flowing? The first thing you'll need is an Israeli bank account.
Even if you're transferring money from an account in your name in America to an account in your name in Israel, that doesn't necessarily make the process simple.
We've seen situations where Israeli banks took several weeks before crediting a client's account with wired funds.
Several weeks! Depending on the bank and the transfer, you may be asked for documentation showing the source of the funds.
That could include account statements, tax documents, letters from an accountant, or other supporting paperwork.
Because if you're depending on that money for your everyday expenses, a delay of several weeks can create a pretty serious cash flow headache.
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