Category: Law & Taxation

interest rates
Metro Law
hetel hashbacha betterment levy
capital gains tax for foreign residents
purchasing a new home in Israel
Capital gains tax in israel
Shabbat elevators
Law & Taxation

Shabbat elevators — laws, costs, and disputes

With the operation of a Shabbat control mode, an elevator will stop automatically on a certain floor and its doors will open, hence allowing users to step in and out without having to press any buttons. Otherwise it would be prohibited to use an elevator on Shabbat because pressing the button to operate the elevator closes a circuit, which violates the prohibition of building on Shabbat, which is considered a form of labor.

Real estate taxes for foreign residents
Purchase Tax in Israel | Mas Rechisha
Law & Taxation

Purchase Tax Update: New thresholds in January 2022

Every year, during the month of January, Israel Tax Authority publishes new thresholds for Mas Rechisha (Purchase Tax in Israel) according to the Central Bureau of Statistics Home Prices Index for the previous year. The Mas Rechisha or Purchase Tax 2022 thresholds are updated annually, in mid-January, with consideration for the Home Prices Index of...

Purchase Tax in Israel | Mas Rechisha
Law & Taxation

Purchase Tax Update: November 2021

As a result of the ongoing housing crisis and a sharp rise in real estate prices in Israel this year, the Purchase Tax rates for investors (second-home buyers) including foreign residents have been increased. The hope is that purchases made by investors will slow down and make it somewhat easier for homebuyers in Israel to...

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