Businesses in Israel have always been a safe haven for the ultra-wealthy and elite.
But a new survey shows that this trend is changing as people around the world increasingly want to invest in Israel.
The new survey, conducted by Israel’s financial services company, Finamos, found that a third of Israelis surveyed said they were planning to invest money in Israel in the next three years.
In fact, the number of Israelis who are looking to invest more has increased by more than 20 percent in the last three years, according to Finamons survey of more than 2,000 Israeli adults conducted over the past three months.
More than half of the respondents (52 percent) said they plan to invest at least some of their income into Israel.
The percentage of Israelis with a net worth of at least $1 million (US$1.1 million) rose to 43 percent, from 40 percent.
The median net worth for Israeli adults in this survey was $6.3 million.
The trend is particularly striking given that the number in Israel is still relatively low compared to other countries.
The average annual gross domestic product (GDP) in Israel was $24,000 last year, while in the United States it was $62,000, according the World Bank.
The country is also a world leader in the field of biofuels.