Real-estate trust accounts for every Israeli transaction.
One trust house for the money side of Israeli real estate: neutral escrow for closings, foreign-resident purchases handled end to end, the developer 7% account at the stage banks make difficult, and collection accounts for groups investing together. Psagot Equity holds the funds only, never the title.
Neutral escrow for property transactions, instead of one side’s office trust account. Funds release only when the documented closing conditions are met, and both parties and both lawyers watch the same account state in real time. The attorney continues to lead the legal work, while we manage the escrow account and reporting.
Release only against documented closing conditions
Real-time PEaX view for buyer, seller and both lawyers
The attorney instructs; we carry the account, the reporting and the burden
Foreign residents
Buying from abroad, without flying in.
Foreign buyers face Israeli withholding rules, residency verification and FX, and they face it from another country. We run it all remotely: onboarding through PEaX with power-of-attorney support and multi-country documentation, tax withholding calculated and filed, funds received in foreign currency and converted at institutional rates.
Fully remote onboarding, power of attorney supported
Tax withholding calculated, documented and remitted
Multi-currency funding, with support in English and Hebrew
The developer 7% account
Open at the stage banks say no.
Under the Israeli Sale Law, 1974, a developer may collect up to 7% of each unit’s price before a guarantee is in place. The problem: at that early stage, before bank financing exists, the banking system makes these accounts very hard to open. We provide the solution that works: buyer deposits held in a dedicated escrow account, tracked per unit, documented, and released as the law’s conditions are met.
Account opened fast, at the stage banks make difficult
Per-unit tracking and buyer reporting on PEaX
Funds held and released per the Israeli Sale Law, 1974
Trust services for groups buying together
Funds held in trust for groups buying property together.
When a group buys real estate together, we can act as trustee and hold the funds in trust for the members, collecting every contribution, tracking each member and distributing per the agreement, with the property registered per your structure. That is the full service: Psagot Equity provides both the trust and the account. If you only need the account layer, without a trustee, two other services fit: our investor-group account for co-investors, and our purchase-group account for organized purchase groups (קבוצות רכישה).
Trust plus account: we hold the funds in trust for the group
Account only, no trust: see our investor-group and purchase-group accounts
Per-member contribution and distribution tracking
Property registered per your structure; we hold funds only
PEaX access for the organizer and every member
How it works
From instruction to release.
01
Instruction received.
From the attorney, developer or group organizer, with parties, amounts and release conditions.
02
Account opened, parties onboarded.
All parties onboard in parallel through PEaX, from anywhere in the world.
03
Funds received and held.
Receipt confirmed to every party; tracking activated per unit or per investor.
04
Conditions met, funds released.
Released or distributed per the agreement, with full documentation to all sides.
FAQ
Common questions
Direct answers on Israeli real-estate trust accounts.
A neutral escrow account belongs to neither side. Both parties and both lawyers see the same account state in real time, releases follow the documented conditions rather than one office’s ledger, and the attorney keeps full control of the deal without the administrative and fiduciary burden of holding the money.
What taxes apply when a foreign resident buys Israeli property?
The buyer’s acquisition taxes must be assessed separately from the seller’s taxes and any withholding on payments to the seller. The applicable treatment depends on the transaction and the parties. Your real estate tax adviser should confirm it; we handle the agreed fund movements and documentation under the transaction instructions.
What is the 7% account?
Under the Israeli Sale Law, 1974, a developer may collect up to 7% of a unit’s price before providing the buyer a guarantee. At the early stage of a project, before bank financing is in place, banks rarely agree to open accounts for these deposits. A dedicated escrow account solves this lawfully: deposits held per unit, documented, and released as the law’s conditions are met.
Can a group buy real estate together through Psagot Equity?
Yes, in two ways. With a trustee: we hold the funds in trust for the group, track every member and run the distributions, while the property is registered per your structure. Or with an account only, no trustee: our investor-group account pools co-investors, and our purchase-group account serves an organized purchase group (קבוצת רכישה). The difference is simply whether Psagot Equity provides the trust layer as well as the account, or only the account. For a group that wants the vehicle to hold the asset itself, see our Investor Pooling service, where the trust itself holds the asset.
Does Psagot Equity ever hold title to the property?
In the real estate trust services described on this page, we hold the funds only. Property rights are registered in the relevant owners’ names under the transaction documents. For a trust that holds the investment itself, see our Investor Pooling service.
Account-only options for groups
Accounts and trust services for investor groups
Purchase Groups
A designated account for the Israeli purchase group, run by its committee.
