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Financial Planning From The UK

Adam Kushner

Aboulafia Avital Shrensky & Co., Jerusalem

Overview

Aboulafia Avital Shrensky & Co. is a highly respected accounting and consulting firm based in Jerusalem. With decades of experience, the firm has established itself as a leader in providing specialized financial services, particularly to English-speaking clients, including new immigrants (olim) and expatriates living in Israel. The firm’s deep understanding of both Israeli and international tax laws makes them a go-to resource for individuals and businesses navigating complex financial landscapes.

Firm History and Leadership

Founded over 30 years ago, Aboulafia Avital Shrensky & Co. was built on the principles of client-first service, precision, and comprehensive financial solutions. The firm has evolved over time, expanding its service offerings and strengthening its expertise in key areas such as tax planning, auditing, and business consulting.

The firm is led by a team of senior partners, including Yossi Aboulafia, Shai Avital, and David Shrensky, each of whom brings decades of experience in finance, accounting, and business advisory. Their leadership has helped the firm grow into one of Jerusalem’s premier accounting firms, with a reputation for providing tailored financial services to both individual and corporate clients.

Core Services

Aboulafia Avital Shrensky & Co. offers a wide range of services, focusing on both individual financial needs and corporate consulting. Their key areas of expertise include:

  1. Personal Tax Planning and Compliance

    • Specializing in helping English-speaking clients, particularly new immigrants, navigate Israel’s complex tax system.

    • Assisting clients in structuring their finances to optimize tax benefits, including taking advantage of Israel's 10-year tax exemption for new olim.

    • Helping expatriates with dual tax compliance, ensuring adherence to both Israeli and foreign tax regulations, including U.S. IRS obligations for Americans living abroad.

  2. Corporate Auditing and Advisory Services

    • Providing audit services for companies of all sizes, ensuring compliance with Israeli corporate regulations and international standards.

    • Business consulting services that cover financial planning, corporate structuring, and operational efficiencies.

    • Specialized guidance for businesses run by new immigrants or those catering to international markets.

  3. Real Estate and Investment Advisory

    • Helping clients with tax-efficient real estate investments, both in Israel and internationally.

    • Offering detailed advice on property taxes, capital gains taxes, and the financial implications of property transactions.

    • Structuring investments to minimize tax liability and ensure compliance with Israeli tax laws.

  4. Pension and Retirement Planning

    • Expertise in integrating international pension plans into Israel's tax framework.

    • Offering consultation for foreign pension transfers, including QROPS (Qualifying Recognised Overseas Pension Schemes) and managing cross-border pension issues.

    • Tailored retirement planning strategies for clients looking to settle in Israel while retaining assets abroad.

  5. Estate Planning and Inheritance Tax Strategies

    • Providing comprehensive estate planning services, ensuring smooth wealth transition and minimizing inheritance taxes.

    • Helping clients navigate the complexities of Israeli and international inheritance laws.

    • Specialized solutions for olim managing assets in multiple jurisdictions.

Clientele

The firm’s primary clientele includes:

  • English-speaking immigrants (olim): New residents of Israel seeking help with tax compliance, financial planning, and making the most of Aliyah-related benefits.

  • Expatriates: Individuals and families who require specialized financial services due to their international financial obligations, such as U.S. citizens dealing with FATCA (Foreign Account Tax Compliance Act) requirements.

  • Businesses: Both local companies and international corporations that need guidance on Israeli accounting and tax compliance, audit services, and business consulting.

  • Real Estate Investors: Both individuals and businesses involved in the Israeli real estate market looking for efficient tax and investment strategies.

Reputation and Trust

One of the defining characteristics of Aboulafia Avital Shrensky & Co. is the trust they have earned from the English-speaking community in Jerusalem. Their commitment to transparency, ethical standards, and tailored client service has built a loyal clientele. The firm is known for its clear communication, especially in explaining the complexities of Israeli tax law to newcomers, and for being a reliable partner in both personal and corporate financial management.

Many clients praise the firm’s ability to simplify complicated financial matters and its willingness to provide personalized service. With a team that is fluent in both Hebrew and English, they bridge cultural and language gaps that can sometimes cause confusion for olim unfamiliar with Israeli financial systems.

Community Involvement

The partners at Aboulafia Avital Shrensky & Co. are deeply embedded in the local Jerusalem community, frequently offering their expertise to help various charitable and non-profit organizations with accounting and financial management. They also regularly provide workshops and seminars aimed at helping new immigrants understand their tax obligations and financial opportunities in Israel.

The firm’s community-driven focus has made it a trusted advisor not just for wealthy individuals or large corporations, but also for small businesses, non-profits, and everyday families settling in Israel.

Conclusion

Aboulafia Avital Shrensky & Co. stands out as a firm that combines technical expertise with a genuine commitment to helping its clients succeed financially in Israel. Their specialization in serving English-speaking olim and expatriates, along with their comprehensive range of services, makes them a go-to firm for anyone looking to simplify the complexities of financial life in Israel. Whether you're looking for personal tax advice, business consulting, or real estate investment guidance, Aboulafia Avital Shrensky & Co. offers the personalized and professional support you need.

For further details on their services or to schedule a consultation, visit their website or contact their offices in Jerusalem.

HCC International Services Ltd

Overview

HCC International Services Ltd is a well-established firm specializing in a wide range of insurance and financial services with a focus on providing coverage to expatriates, olim (new immigrants), and international clients. Based in Israel, HCC International stands out for its expertise in global insurance solutions, including health insurance, life insurance, and comprehensive risk management services, catering to English-speaking clients who require tailored coverage in a new and often complex environment.

With extensive experience in the international insurance market, HCC International Services Ltd is known for offering a variety of insurance products that are designed to meet the unique needs of individuals and businesses, whether they are newly arrived in Israel or maintaining connections abroad. Their approach is client-focused, providing personalized service that addresses the specific needs of expatriates, retirees, entrepreneurs, and corporate clients.

History and Leadership

Founded by professionals with deep expertise in the insurance and financial services industry, HCC International Services Ltd has steadily grown to become a trusted name in Israel and abroad. The company’s leadership team includes experienced insurance specialists and financial advisors who have worked both in Israel and globally, ensuring that they have a comprehensive understanding of cross-border insurance needs.

The firm has positioned itself as a leader in assisting English-speaking olim, expats, and businesses, ensuring that they are not only protected in Israel but also in their countries of origin or other international locations.

Core Services

HCC International Services Ltd provides a variety of insurance and risk management services. Their key offerings include:

  1. Health Insurance for Expats and Olim

    • International Health Insurance: HCC International provides coverage that ensures clients receive the best possible medical care, whether they are living in Israel, traveling, or maintaining residence abroad. Their health insurance plans are tailored to the specific needs of expatriates and olim, offering access to private healthcare providers, specialists, and hospitals both in Israel and globally.

    • Supplemental Health Insurance: While Israel offers a robust public health care system, many clients opt for supplemental health insurance plans that provide additional coverage for private medical services, faster access to specialists, and treatments not covered by the public system.

  2. Life Insurance

    • Term Life Insurance: HCC International offers term life insurance policies that provide coverage for a set period, designed to offer peace of mind to clients seeking to protect their families financially in the event of an untimely death. These policies are tailored for olim and expatriates, ensuring that beneficiaries are taken care of regardless of the client’s country of residence.

    • Whole Life and Universal Life Insurance: For clients seeking permanent life insurance, HCC International offers plans that include savings components, allowing clients to build a financial safety net while ensuring long-term coverage.

  3. Property and Casualty Insurance

    • Home and Property Insurance: For new immigrants and expatriates purchasing or renting homes in Israel, HCC International offers comprehensive home and property insurance policies that cover risks such as damage, theft, and liability. These policies are tailored to the needs of homeowners and renters alike, ensuring that both personal property and homes are adequately protected.

    • Business Insurance: HCC International Services Ltd also provides business insurance solutions, covering liability, professional indemnity, and property risks for English-speaking businesses operating in Israel.

  4. Travel Insurance

    • Short-term Travel Insurance: Whether for vacations, family visits abroad, or business trips, HCC International offers short-term travel insurance plans that provide medical coverage, trip cancellation protection, and lost luggage recovery.

    • Annual Travel Insurance: For frequent travelers, HCC International provides annual policies that cover multiple trips throughout the year, ensuring seamless protection during every international journey.

  5. Corporate Insurance Solutions

    • HCC International also offers corporate risk management solutions, which include employee health insurance, executive insurance, liability coverage, and specialized insurance policies for businesses with global operations or multinational teams.

  6. Pension and Retirement Planning

    • International Pension Transfers: HCC International assists clients in transferring foreign pensions into Israel’s financial system or managing dual-country pension plans, helping expatriates, retirees, and new immigrants maintain financial stability across borders.

    • Retirement Planning: The firm offers comprehensive retirement planning services that include insurance-based solutions to ensure clients have a reliable income stream during retirement, whether they reside in Israel or maintain international ties.

Clientele

The clientele of HCC International Services Ltd is diverse, encompassing:

  • Olim Hadashim (New Immigrants): New residents of Israel who require insurance solutions that bridge their needs in both Israel and their countries of origin.

  • Expatriates and International Residents: English-speaking residents of Israel who require insurance policies that account for their international connections and potential travel.

  • Businesses and Entrepreneurs: Small to medium-sized businesses operating in Israel or with international branches, requiring corporate insurance solutions that ensure their operations are secure both locally and globally.

  • Retirees: Retirees who have moved to Israel or plan to live internationally and require health insurance, life insurance, and pension management services.

Unique Selling Points

  1. Tailored Solutions for English Speakers

    • One of the key strengths of HCC International is its ability to communicate and offer services in fluent English, making it easier for English-speaking clients to understand the often complex nature of insurance policies and financial planning in Israel.

  2. International Reach

    • The firm’s global expertise ensures that their clients are protected, whether they are in Israel or traveling abroad. Their international health insurance policies are especially valuable to expatriates who want access to high-quality healthcare wherever they are located.

  3. Personalized Service

    • HCC International is known for its client-focused approach, taking the time to understand the individual needs of each client. Whether it’s a family looking for health coverage, a business seeking liability insurance, or a retiree planning for the future, HCC tailors its services accordingly.

  4. Cross-Border Expertise

    • Their understanding of cross-border financial and insurance issues makes them a reliable partner for olim and expatriates navigating the complexities of maintaining financial ties in multiple countries. This includes managing dual tax obligations, pension transfers, and international property holdings.

Reputation and Client Feedback

HCC International Services Ltd has built a solid reputation among the English-speaking community in Israel and internationally. Many clients commend the company for their clear communication, reliable customer service, and thorough understanding of the insurance needs specific to olim and expats. Their ability to offer peace of mind through carefully crafted insurance solutions has earned them a loyal clientele, especially among those who require bilingual support and cross-border coverage.

In particular, clients appreciate the firm’s prompt handling of claims and their personalized approach, ensuring that each individual’s unique circumstances are addressed with care and professionalism.

Community Involvement

In addition to their business operations, HCC International Services Ltd is also active in supporting the English-speaking community through workshops, seminars, and sponsorships. These events are aimed at educating new immigrants and expatriates about insurance, financial planning, and how to protect their families and assets when living in Israel or abroad.

Conclusion

HCC International Services Ltd is a premier provider of insurance and financial services for olim, expatriates, and international clients. Their extensive expertise in offering health insurance, life insurance, and property protectionensures that clients can enjoy peace of mind while living in Israel or traveling abroad. With a client-focused approach and a thorough understanding of the complexities faced by international residents, HCC International stands out as a top choice for those seeking comprehensive and reliable insurance solutions.

For more information or to get a quote, you can contact them through their website or visit their office.

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