Purchase Tax Update: New thresholds in January 2024
Every year, during January, the Israel Tax Authority publishes new thresholds for Mas Rechisha (Purchase Tax) according to the Central Bureau of Statistics Home Price...
Tag: closing costs
The true cost of buying a home in Israel
When clients come to me with a specified budget for buying a new home in Israel, I promptly inform them that they should reduce that...
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...
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...
VAT in Israel lowered to 17%—good news for homebuyers
As the government decided yesterday to lower the value-added-tax rate (VAT) in Israel by 1% from 18% to 17%, local and overseas homebuyers in the...