Not stated in this article is the fact that many Isrealis have invested in real estate in Cyprus.
"Yep, the Venezuelans and Colombians have made Key Biscayne and Weston into upper-class suburbs of Caracas and Bogota. They pay in cash too"
Voting with their feet. Not a minor undertaking, or an easy decision. Makes you wonder what's going on sometimes, doesn't it? We're still sheltered to a large degree here in the US. I hope I never see the day, that I feel compelled to pull up stakes and leave out of fear.