The Israeli economy is thought to be the most advanced in both Western Asia and the Middle East, with a strong focus on science, technology and manufacturing to make up for a lack of natural resources. Israeli exports accounted for around $114 billion in 2020 and has the second highest number of start-ups in the world. There is extensive foreign investment in Israel, notably from the US, with many Israelis and Americans holding dual citizenship.
The cities of Tel Aviv and Jerusalem are Israel’s biggest employment centres, and Israeli workers are protected by comprehensive employment laws and working practices. Hiring in Israel is attractive to multinational organisations especially thanks to a high prevalence of English and a well-educated workforce.