News Briefs

  תשרי 13, 5768 , 25/09/07

N. American Immigrants worth $200,000 Each to Economy

Immigrants from North America are worth $200,000 each to the Israeli economy, according to a government study on the economic impact of Aliyah (moving to Israel). The estimate is based on education, professional experience and personal assets. It noted that 90 percent of new North American immigrants find employment in Israel within one year.

The Cabinet this week approved supporting Nefesh B'Nefesh (NBN) and the French immigration agency by granting them $1,000 for each new immigrant. Until recently, the support was given on a trial basis. Immigration from North America has grown 80 percent since NBN began operating five years ago.
Other archived news briefs:Sep 25 2007, 06:48 AM, 9/25/2007