Update: I went into Poalim to open an account and they told me to fill out a form and if corporate approves me ill get a call to come back and open an account. They said out of the over 200 applications they received that month they approved less than 10. Obviously that call never came.
So i went back to Leumi to figure out what to do an asked if theres any way to leave the account open. She said sure, ill just change it over to an Israeli account with your visa. And thats what happened. Im still with Leumi.
What Does that mean that u changed to an Israeli acct? U were able to avoid all the annoyances of a foreign acct? Can anybody do that?
I edited Baruch to clarify for you
1) and 2) is correct . Keep a balance under $10k and don't worry. (I'd personally keep as little as possible).
3) -1 . It technically would but if you can prove that you are currently in israel for school you'll be fine .
4) correct
Welcome to the messed up system in israel ! It's a great experience.
Balance is definitely gonna be under 10k it's just for my kollel check & bituach Leumi which are going straight to paying rent.
Do u have any experience with Medicaid or something similar? It wouldn't be a prob as long as I'm a student even if I'm here for most of the year? Also would Medicaid see the money I'm getting here? because that would prob put me over the threshold & I'll be booted off
Even if I'm here for most of the year they won't give me a prob because I'm a student?
I'd do this all with pm but as somebody mentioned earlier someone else may benefit from this…