If you have made aliyah to Israel in recent years, or are planning to immigrate and purchase a property (residential or commercial) — it's worth knowing what benefits you're entitled to. Purchase tax relief for new immigrants - a significant benefit that is often not utilized properly. Changes to Purchase Tax for New Immigrants In August 2024, a significant amendment to the Purchase Tax (Mas Rechisa) Regulations for new immigrants (Olim Chadashim)  came into effect, expanding

Many apartment sellers are certain that if they own only one apartment, they can sell it and be exempt from real estate capital gains tax , or Mas Shevach . Most of them remember a historical exemption — which ceased to exist over a decade ago — that allowed selling an apartment tax-free once every four years. Well, that exemption no longer exists. In practice, the law does grant an exemption when selling a qualifying residential apartment that is the seller's only apartment

Real Estate Capital Gains Tax, or Mas Shevach, is a term that runs around the internet a lot – but what does it actually mean? When selling a property in Israel, you pay tax on the profit generated from the sale. The profit is usually the sale price minus amounts related to the acquisition cost of that property. When the property being sold is real estate (an apartment, land, a shop, etc.) the profit is called "appreciation", or more precisely "real estate appreciation", and