Retrieved “The Consulate General of Israel in Los Angeles was delighted to work with the governor and his team on realizing this visit of the governor, the third visit by the governor in Israel.”
The story about Arizona from
Globes, an Israeli financial newspaper, is below. (Don’t worry, we’ve translated it for you.) Also below are excerpts from other articles about the governor’s whirlwind trip from Arizonan and Israeli media, as well as social media.
Silicon Valley is out. Silicon Desert is in.
This week, Arizona Governor Doug Ducey visited Israel, one of Israel's biggest friends among the governors and, no less important, the state governor, whose trade with Israel is the third largest after California and New York.
In a conversation with Globes, he explains that his goal is to attract Israeli high-tech companies, entrepreneurs, start-ups and investors to his country. "We have all the conditions for Israeli companies and start-ups to grow with us," says Ducey. The corporate income tax in Arizona stands at 4.9 percent, compared to 7.25 percent in New York and 8.84 percent in California. At the same time, Arizona (non-federal) income tax for residents is 2.5 percent, compared to 10.9 percent in New York and 13.3 percent in California. The volume of trade between Israel and Arizona in 2021 reached about $680 million, and accounted for 1.3 percent of all of Israel's foreign trade.
Due in part to the high taxation and cost of living in California and New York, states like Arizona provide a replacement for tech companies looking to find a convenient location for their bases. Ducey mentions that his country is the only one that operates a trade and investment office in Israel, and says that during his visit he focuses on companies that deal with technology related to desert agriculture, salt water desalination, efficient use of irrigation, and solar energy.
Another aspect that the Arizona governor dealt with during his visit to Israel is border control. Arizona, like all border countries with Mexico, suffers from illegal immigration from Latin American countries. |
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