Buying Diamonds in Israel
How to buy diamonds on
There are hundreds of diamond companies in
Israel, specializing in all sectors of the diamond trade from colored diamonds
to special cuts. Such companies operate out of the Israel Diamond Exchange that is located in Ramat Gan, near Tel Aviv.
Israel Diamond Institute
People are not allowed to enter the bourse, the industry name for the exchange,
without an invitation from a company. Therefore it is advisable to contact one of the many companies listed in the
Israel Diamond Institute’s directory of Israeli diamond companies. This directory appears on the IDI website, which
also offers links to company websites, including an overview of each company. Upon finding a company from which you
wish to purchase, the company will guide you through the bureaucracies required.
|Panorama of Tel Aviv, where Israeli diamond bourse is
in Ramat Gan city.
No tax is due on diamonds purchased by non-Israelis, but each diamond has to undergo a procedure in the
governmental customs department. For convenience’s sake, the customs department supports an office inside the
diamond exchange. After completion of this bureaucracy, you can take the diamond with you or use a logistics
company to ship the diamond.
Special diamond cuts in Israel
There are numerous special diamond cuts available in Israel, which is known for
singular diamond cutting and diamond polishing methods. These cuts depend on the latest styles in fashion, the
shape of the diamond and considerations of weight loss upon manufacturing. Special cuts range from emerald,
baguette, oval, square, and simply refer to shapes that are not round.
|Israel is known for its special diamond cuts that
the latest fashion styles
Round diamonds produce the best sparkle of all shapes due to their mathematically
optimum design. Such diamonds are available for purchase in the Israeli diamond bourse, as well as diamond jewelry
in all sorts of designs. In addition to diamonds and diamond jewelry, there is a wealth of locally manufactured
precious gemstone jewelry, set in unique and stunning designs.