The Olam
Jerusalem: The Anglo Capital
Aliyah & Wealth Migration

Jerusalem: The Anglo Capital

Hillary Barr
Hillary Barr
CEO, R New York · Principal, Total Israel
Jun 20, 2026
Published 1:30 AM EDT

American and British diaspora capital flows into Jerusalem neighborhoods like Talbiya and the German Colony. This raises questions about ghost apartments.

If Tel Aviv is where Israeli capital lives, Jerusalem is where diaspora capital — American and British above all — comes to live. The city holds the densest concentration of English-speaking olim and foreign property owners in Israel, clustered in a ring of neighborhoods south and west of the center where prices rival Tel Aviv and a meaningful share of apartments sit empty much of the year, owned by families who visit. This is Anglo Jerusalem, neighborhood by neighborhood.

Talbiya: embassies, the President's Residence, and the highest prices in the city

Talbiya (Komemiyut) is the city's most prestigious address — home to embassies, the President's Residence and the Jerusalem Theatre, and to some of the highest residential prices in Israel. Much of its prime stock is foreign-owned.

The German Colony and Baka: the social heart of Anglo Jerusalem

The German Colony (HaMoshava HaGermanit), with Emek Refaim's cafés and its Templer houses, is the social heart of Anglo Jerusalem. Adjacent Baka — restored Arab-style homes, gardens, a strong American Modern Orthodox community — is among the most sought-after family neighborhoods in the city.

Old Katamon, Rehavia and Shaarei Chesed: singles, academics, and the yeshivish

Old Katamon (the San Simon area) pairs Dati Leumi families with a well-known Anglo singles scene. Rehavia and neighboring Shaarei Chesed — historic, central, leafy — draw Anglo professionals, academics and the yeshivish to some of the city's most established streets.

Mamilla and David's Village: the ghost-apartment question

Mamilla and David's Village, beside the Old City walls, are the ultra-luxury tier — pied-à-terres owned by foreign families and the epicenter of Jerusalem's well-documented ghost-apartment phenomenon, where prime homes stand dark for much of the year. It is a recurring municipal and political concern: foreign capital that lifts prices while thinning the resident population of the most central neighborhoods.

Arnona and Har Nof: the expanding, more affordable frontier

Arnona and Talpiot Mizrach offer newer, relatively more affordable stock and have become the expanding frontier for younger Anglo families. Har Nof, to the west, is Haredi and Yeshivish with a large American and British contingent.

The Anglo belt beyond the city

Families priced out of central Jerusalem, or seeking more space, settle the surrounding belt: Efrat and Gush Etzion to the south, Beit Shemesh and Ramat Beit Shemesh to the west, and Modi'in on the Tel Aviv–Jerusalem corridor — each with deep, organized Anglo communities of its own.

Americans first, British close behind: who's actually buying

American buyers dominate, with the British close behind. Most buy to live, or to hold for an eventual move, and many gut and rebuild to American specification. Prices in Talbiya and the German Colony rank among the highest in the country. The demand is durable, identity-driven, and relatively insensitive to yield — closer to the legacy-holding logic of prime London than to investment buying.

Inside the Haolam Atlas: Anglo Israel

The Haolam Atlas maps where Anglo aliyah actually lands, city by city. This piece maps Jerusalem's Anglo neighborhoods by real estate and buyer behavior; the companion piece below covers the same corridor's wealth and philanthropic institutions in more depth.

Landing towns: Ra'anana: The Anglo Capital of Israel · Modi'in: The Anglo Overflow Town · Hashmonaim: Modi'in's Anglo Yishuv Corridor · Tel Aviv: The Anglo Startup Core · Herzliya Pituach: The Senior Executive Anglo Coast · Givat Shmuel: The Religious-Zionist Anglo Suburb · Jerusalem (this piece) · Jerusalem's Anglo Corridor · Ma'ale Adumim: The Anglo Town · Efrat: The Ideological Anglo Town · Gush Etzion's Anglo Belt · Beit Shemesh: The Religious Anglo Capital · Zichron Ya'akov and Pardes Hanna: The Anglo Wine Country

Source diasporas: London: The Anglo-Jewish Establishment · Johannesburg: The Anglo-South Exodus Map · Sydney: The Eastern Suburbs Anglo-Jewish Capital

Overview: The Anglo Communities Map

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