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{"id":80619,"date":"2022-07-12T04:17:00","date_gmt":"2022-07-12T01:17:00","guid":{"rendered":"https:\/\/lawoffice.org.il\/financing-israeli-real-estate-purchases-as-a-foreigner\/"},"modified":"2023-08-31T22:28:10","modified_gmt":"2023-08-31T19:28:10","slug":"financing-israeli-real-estate-purchases-as-a-foreigner","status":"publish","type":"post","link":"https:\/\/lawfirmbackup_200125.k1uagm.ap-southeast-2.wpstaqhosting.com\/en\/financing-israeli-real-estate-purchases-as-a-foreigner\/","title":{"rendered":"Financing Israeli Real Estate Purchases as a Foreigner"},"content":{"rendered":"

Foreign Citizen Bank Accounts <\/strong><\/h4>\n

Currently, foreign citizens<\/a> have the ability to open Israeli bank accounts, with no substantial restrictions in the initial process. Although there are no immediate setbacks, there are restrictions that come into play during the next steps of using this account. There are many obstacles that you may face when financing Israeli real estate purchases as a foreigner, during the process of transferring funds from abroad to the local Israeli account. These obstacles may require a great deal of explanations in order to confirm the legality of the transfers and the purpose of the Israeli account.<\/p>\n

\"Real<\/p>\n

Explanations for Foreign Bank Accounts in Israel<\/strong><\/h4>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong>Depending on the situation, the owner of the account abroad or in Israel may be a person or a company. There are several different explanations as to why a foreign citizens needs to obtain a private bank account in Israel, but a few of the most common are as follows:<\/p>\n