The Israel Securities Authority recently updated the amounts that an individual investor must have in order to be deemed a “Qualified investor.” This update applies solely to investors who are individuals and not to companies.
The ISA’s update is according to the changes in the Consumer Price Index over the last three years.
An individual must fulfill one of the following updated criteria in order to be classified as a Qualified Investor:
- The total value of the individual’s personal liquid assets exceeds ILS 9,411,809 (instead of ILS 8,364,177, which was the amount prior to the effective date of the latest update);
- The individual’s annual income in each of the last two years exceeds ILS 1,411,772 (instead of ILS 1,254,627), or the annual income of the individual’s family unit exceeds ILS 2,117,657 (instead of ILS 1,881,940);
- The total value of the individual’s personal liquid assets exceeds ILS 5,882,380 (instead of ILS 5,227,610) and the individual’s annual income in each of the last two years exceeds ILS 705,885 (instead of ILS 627,313) or the annual income of the individual’s family unit exceeds ILS 1,058,827 (instead of ILS 940,969).
The next update of the amounts (solely in relation to individual investors) is scheduled for January 2028 (in accordance with future changes in the Consumer Price Index).
No change has been made in the manner of examination of these Qualified Investors.
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