After the Spanish government recently announced it would grant citizenship to the descendants of Sephardic Jews expelled from Spain five centuries ago, Amit Winder of Tel Aviv began dreaming of a bright future on the Costa del Sol.
Winder, a 36-year-old Israeli who runs his own video company, said the high cost of living in Israel and the seemingly never-ending conflict with Palestinians have given him second thoughts.
“I could take all my money to Spain, buy a house and start my business [there],” he said. “That would cost me the same amount as buying a one-bedroom apartment in Tel Aviv.”

