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About Real Estate in Israel

February 9, 2020

It's time for our annual purchase tax update. Whilst you all know by now that purchase tax on Israeli property is staggered, the property values that the tax rates are applied to are updated on annual basis - in line with inflation

Therefore below we give you 2020's figures, which are important to help you budget properly when buying your next home in Israel!

The regular ca...

February 1, 2019

There is no doubt that one of the major tools that the government has been using to combat rising Israeli real estate prices in the last few years has been the high level of purchase tax for foreign residents and investors alike.

Whilst the actual tax rates do not change on a regular basis - only when the government deems it necessary - the property values that the tax rates ar...

August 22, 2017

Today we discuss one of the least-liked taxes for buyers of Israeli Real Estate – Purchase Tax.

Its unpopularity among buyers is primarily caused by the fact that:

(i)               As a major tool in the “war” against house-price inflation, this tax can be                               extremely high in certain cases....

April 20, 2017

Update - As of August 2017, this tax has been cancelled. Therefore, as of now, the below is no longer relevant.

The war that Finance Minister Moshe Kahlon has been waging on Israeli property prices has been well documented and shows no sign of abating. His newest weapons to date is the ‘Third Property’ Tax law, which was proposed in 2016 and was passed a few weeks ago in Januar...

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