Category: Law & Taxation

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...

residential property tax
apartment size
real estate tax
new apartment
Agent's commission
Purchase Tax in Israel | Mas Rechisha
Law & Taxation

Purchase Tax Update: New thresholds in January 2021

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 2021 thresholds are updated annually, in mid-January, with consideration for the Home Prices Index of...

pre-owned home in Israel
Law & Taxation

Buying a pre-owned home in Israel: What will our attorney do during the negotiation process?

When purchasing a second-hand home in Israel, it is customary for the purchaser’s attorney to conduct negotiations with the vendor’s attorney by discussion, exchange of correspondence, and drafts of the contract of sale which reflect each party’s concept of how the transaction should be structured. The following is a selection of some of the more critical issues that a purchaser’s attorney will address during the process of a second-hand transaction:

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