Key Benefits
New immigrants (olim chadashim) receive: (1) 10-year exemption on all foreign income (passive and active), (2) 10-year exemption on capital gains from foreign assets, (3) 10-year exemption from reporting foreign assets, (4) additional credit points for 3.5 years, (5) reduced purchase tax on first apartment (7 years), (6) property tax discounts.
Planning Tips
- Plan the timing of aliyah relative to major financial events
- Sell losing foreign assets before aliyah (no Israeli offset available)
- Hold appreciated foreign assets to sell during the 10-year exemption window
- Document asset values at the date of aliyah for future reference
- Consult with a tax advisor experienced in both Israeli and home-country tax
Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.