Partners Daniel Paserman (CPA), and Yoad Cohavy in a client update regarding the tax-issues that you should take into account when you are planning to buy ahome in Israel.
In a recent law amendment, the Real Estate Taxation Law was amended and the tax brackets for purchase tax were raised significantly. As a result, a significant tax burden is imposed on buyers of apartments whose residence is abroad, as well as on Israeli residents who already own a home in Israel.
