By Moise Zack, Senior Consultant at First Israel Mortgages Helping clients acquire a good mortgage in Israel often feels like solving a mystery. Dealing with the bureaucratic hurdles from Israeli…
I have been approached many times by people who claim that they have an ancestor who bought land in Eretz Yisrael before Israel became a state. In many instances they…
Israeli real estate transactions from abroad during the Carona pandemic can be challenging. Government offices are closed in many places and it is difficult to get things done. New international…
By Attorneys Etgar Kedem-Kaufman, Avi Becker and Nicole Levin Sometimes you may be entitled to a Land Appreciation Tax exemption. As detailed in our former article, Land Appreciation Tax ("Mas…
In recent years there have been drastic changes in taxes pertaining to the purchase and sale of property. The purpose of these changes has been to flood the market…
Are there too many shopping malls in Israel? Can there ever be too many stores? Shopaholics would say no but store owners, franchisees and shopping mall owners might disagree. In…
The world is full of examples of the recycling of old buildings by changing their use into something else. A recent article in Globes illustrates this very well. According to…
Israel has two major international ports. One in the north, in the city of Haifa, and one in the south, in the city of Ashdod. In both cases the mere…
At the end of July 2013 a new bill was passed raising purchase tax in several ways. In every real estate transaction in Israel the purchaser is required to pay…
The Tax Authority recently publicized a new decision which is potentially good news for some taxpayers. Purchasers of real estate in Israel pay purchase tax. If the real estate purchased…
In my last blog post I wrote about the bad taxation days ahead of us regarding purchase tax for the purchasing of residential property in Israel. I would now like…
A few years ago I represented a seller in the sale of an apartment. When I asked him if he had sold an apartment in the last four years he…
Here’s the bad news: The State of Israel has a very large budget deficit that needs to be fixed. The way the government has chosen to do this is with…
Israel boasts four major cities: Jerusalem, Tel Aviv, Haifa and Beersheva. Jerusalem is the nation's capital. Tel Aviv is the commercial capital of the country. Haifa, with its port, can…