U.S. No. 1 Investor in Israel

YERUSHALAYIM -

The U.S. was the biggest foreign investor in Israel as of the end of 2012, with the Cayman Islands — a global tax shelter that serves as corporate headquarters for many companies — No. 2 on the list, figures newly released by the Central Bureau of Statistics show.

American investors accounted for $19.7 billion of the $74.4 billion in foreign direct investment, or 26.5% of the total. The Cayman Islands accounted for 11.6%, or almost $9 billion of FDI, which includes investment in factories and business as against investments in stocks and bonds.

Israel’s total stock of FDI rose 14.5% from the end of 2012 and was up 23.5% from the end of 2011, the CBS said. There were no equivalent figures for 2013 or 2014, but in 2013 foreigners made $12 billion in new direct investments in Israel.