Israel, a parliamentary republic, is located on the eastern shore of the Mediterranean Sea. It is bordered by Lebanon and Syria to the north, Jordan to the east, and Egypt to the southwest. The capital of Israel is Jerusalem, and its currency is the Shekel (ILS). Currently, there are two official languages in Israel: Hebrew and Arabic. Israel has a technologically advanced free market economy. Cut diamonds, high-technology equipment, and pharmaceuticals are among its leading exports. Its major imports include crude oil, grains, raw materials, and military equipment. Israel usually posts sizable trade deficits, which are offset by tourism and other service exports, as well as significant foreign investment inflows. Recent natural gas discoveries off the coast of Israel have been a positive development for Israel, which otherwise has limited natural resources. Israel also has intensively developed its agricultural and industrial sectors over the past 20 years. Cut diamonds, high-technology equipment, and agricultural products (fruits and vegetables) are the leading exports. The Bank of Israel expects gross domestic product (GDP) growth in the Israeli economy to increase by 3.4% in 2018 and by 3.5% in 2019.

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Israel Innovation Visa

Entrepreneur, Consultant, Investor - All Business Sectors
Free - Israel

Entrepreneurs from abroad willing to establish a technologically innovative project in Israel are invited to submit an application for the grant of an Innovation Visa. An innovation Visa shall enable the entrepreneur to develop a technologically i...

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