Israeli Purchase Tax Rates 2017

Purchase Tax is a tax levied on all purchasers of Israeli residential property, but the rates are different for Israeli residents, new immigrants (Olim) and foreign residents. The new immigrant “discount” isn’t always advantageous, as compared to the Israeli rates; it depends on the price, as you can see from the rates below, so make sure to check!

As of January 16, 2017, here are the rates when purchasing a “sole residence” as defined under Israeli law:

Israeli Residents

0% up to NIS 1,623,320

3.5% on the amount from NIS 1,623,320 and up to NIS 1,925,460

5% on the amount from NIS 1,925,460 and up to NIS 4,967, 445

8% on the amount from NIS 4,967,445 and up to NIS 16,558,150

10% on the amount over NIS 16,558,150

New Immigrants (Olim)

0.5% on the amount up to NIS 1,759,310

5% on the amount over NIS 1,759,310

Foreign Residents (and for purchases of apartments that are not “sole residences” as defined by law)

8% on the amount up to NIS 4,967,445

10% on the amount over NIS 4,967,445