Gili Yaari /Flash90
The Israel Tax Authority published an anonymous list of real estate transactions each of which were valued at over 30 million shekels (over 9 million dollars) showing that a particularly large number of foreigners have purchased pricey plots of land and real estate here over the past year.
A real estate agent interviewed by the business newspaper
Globes said that many Jews in Europe and the USA realized during the Corona crisis that Israel could be a safe haven for them, too. Despite travel restrictions last year, Jews were increasingly buying real estate in Israel, and such purchases are expected to increase when flights into the country resume.
Unprecedented boom in luxury housing market
As foreign residents seek an Israeli address, and Israelis snap up country homes, Globes looks at the biggest deals.
Israel s real estate market continues to flourish despite the Covid-19 crisis, including the high-end luxury market. The Israel Tax Authority site shows that there have been many real estate deals over the past year for NIS 30 million and more, mainly apartments purchased by Jews living abroad.
Real estate agent Oren Katz, who together with his partner Reli Zeidner have been high-end Israeli property agents for more than 20 years, said, Many Jews living in London, Paris and the US, with an Israeli address or passport, and unable to enter Israel, were sorry that they had not bought a home and are now coming off the fence, after understanding that little Israel is the promised land. This is the factor causing major interest from them and my estimate is that when the skies reopen, there will be a new wave of demand here.
What Matters Most To VCs At Series A? forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Argon emerged from stealth with a $4 million investment. (Argon)
When Argon was first formed in October 2020, co-founder and chief technology officer Eylam Milner and others on the team did what most startups do, canvassing businesses about their pain points in the hopes of picking up insights that could be fed into the continued development of their product.
In this case, their product was a security platform designed to map out and validate the integrity of the software development pipeline. Because it is such a niche and technically complex security issue, they often spent a good chunk of their time explaining to executives the basic nature of the threat their tech was designed to snuff out.
Argon quits stealth mode to launch their unified security solution sourcesecurity.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sourcesecurity.com Daily Mail and Mail on Sunday newspapers.